Business Daily from THE HINDU group of publications
Tuesday, January 02, 2007
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IPR
US body refused registration of `CFA' trademark in UK
The Association for Investment Management and Research (AIMR), now called CFA Institute of Charlottesville, Virginia, US, has been refused registration of collective trademark of `chartered financial analyst' in class 36 in the UK. The outcome ... More

RESTRUCTURING
Dax Networks rejigs operations
To rope in 200 channel partners More

MERGERS & ACQUISITIONS
European acquisitions to boost Aurobindo's revenues
Co applies for 26 Abbreviated New Drug Applications in Europe More

International Tractors may offload stake to Morgan Stanley
International Tractors Ltd (ITL), manufacturer of the Sonalika brand of tractors, is close to offloading about 5-6 per cent to Morgan Stanley, it is learnt. The company is also currently in talks to offload an additional 5-6 per cent to another ... More

OVERSEAS INVESTMENTS
ONGC Videsh keen on acquiring assets in Lanka
Company already procured seismic data on potential oil deposits More

ALLIANCES & JOINT VENTURES
`Nissan plans $500-m India plant'
Considering participation in Renault-Mahindra project More

PERFORMANCE
Maruti December sales rise 23.7 pc
Automobile major Maruti Udyog Ltd today reported a 23.7 per cent increase in total sales during December 2006 at 56,985 units as against 46,079 units in the same month a year ago. Domestic sales stood at 54,640 units in December as against ... More

GM India sales up 19 pc
General Motors India today reported 19.4 per cent sales growth in December 2006 at 2,583 units against 2,163 units in the same month a year ago. The company sold 1,517 units of Chevrolet Tavera, 759 units of Chevrolet Aveo and ... More

Hero Honda Dec bike sales flat
Two-wheeler manufacturer Hero Honda Motors Ltd today reported a marginal increase in motorcycle sales for December 2006 at 2,45,175 units compared to 2,45,104 units in the same month a year ago. The company sold 7,287 units of ... More

Vizag Steel posts Rs 9,000-cr turnover in 2006
Rashtriya Ispat Nigam Ltd (the steel plant here) has achieved the best-ever turnover of Rs 9,000 crore in a calendar year during 2006 and the current year is going to be the silver jubilee year for the company formed in 1982, according to a press ... More

Bajaj Auto December sales rise 24 pc
2-wheeler sales up 21 pc More






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