CORPORATE
ANNOUNCEMENTS
Apollo Hospitals unveils Health City in Hyderabad
Apollo Hospitals has announced major initiatives in medical research that included the search for "mischief maker" gene that is the cause of abnormal incidence rates of heart ailments in the Asian region. Addressing a press conference to ...
More
IFC offers $15-m funding for Granules
IFC, the private sector arm of the World Bank Group, today announced an agreement to provide financing for Hyderabad-based Granules India Ltd. The company will use the $15-million investment — loans of up to $9 million and up to $6 million ...
More
Hero Cycles launches electric 2-wheelers in Gujarat
Hero Cycles Ltd, in collaboration with Ultra Motor Company (UMC), a UK-based electric vehicle solution provider, today launched its new range of electric two-wheelers in western India, here. These vehicles will have seven variants of e-bikes ...
More
BEL components for ISRO
Bharat Electronics Ltd on Thursday handed over to ISRO two flight-model travelling wave tubes that are used onboard communication satellites. With this, BEL joins the small number of companies in the world that make these ...
More
CREDIT RATING
Corporation Bank MoU with ICRA
Corporation Bank has signed a memorandum of understanding (MoU) with ICRA Ltd for SME rating. A bank release said here on Thursday that the purpose of the MoU is to enter into an alliance for utilising the services of each other ...
More
HUMAN RESOURCES
`Tata group salaries are not extravagant'
We want to create a land of equal opportunities: Ratan Tata
More
MERGERS & ACQUISITIONS
OIL may dilute stake in KG onshore block
In favour of Canadian partner Geoglobal Resources
More
Aarti Ind, Aarti Drugs merger on cards
A merger seems to be on the cards between Aarti Industries (AI) and Aarti Drugs (AD), with the group management reportedly considering the move to unlock shareholder value. The proposed merger move drove stock prices of both companies, just ...
More
OVERSEAS INVESTMENTS
Apollo Tyres mulls expansion of Dunlop South Africa facility
Capacity may be stretched by another 20 t by raising productivity
More
ALLIANCES & JOINT VENTURES
GE Healthcare, HCG tie up for imaging unit
Cancer hospitals chain HealthCare Global Enterprises (HCG) and global diagnostics leader GE Healthcare have announced a strategic oncology partnership in India. HCG has set up in Bangalore an advanced molecular imaging centre equipped with GE ...
More
SOCIETY & DEVELOPMENT
PERSPECTIVE
Meeting the CSR obligations
In the absence of a well-defined and authentic statement of standards, there is no framework by which a company can be held accountable for its failure in meeting its social responsibilities.
More
Role of corporates in social development stressed
Call to tackle `silent crisis' gripping rural economy
More
DIVERSIFICATION
Madras Cements applies for sugar mill licence in TN
Madras Cements Ltd has applied for a licence to set up a sugar mill in Tamil Nadu, according to reliable industry sources. The company is looking to put up a sugar mill with a capacity to crush 5,000 tonnes of cane a day with a co-generation ...
More
SICK UNITS
Tea Board may take over 3 closed estates in Bengal
Centre mulls action against owners by invoking Section 16(D)
More
OUTLOOK
ICML plans Rs 700-cr investment by 2009
Upgraded version of MUV Rhino RX launched
More
Serum Institute set for flu vaccine launch in July
Meningitis vaccine trial in final stage
More
Eden Realty plans $500-m infrastructure fund
Bets on investments in other developers' projects
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds