CORPORATE DISPUTES
Arguments on sharing of natural gas from KG basin come to close
Mumbai, Aug. 23 The arguments in the case relating to the sharing of natural gas from KG basin between Anil Ambani group led Reliance Natural Resources Ltd and Mukesh Ambani group flagship Reliance Industries Ltd came to a close in the Bombay ... More

MERGERS & ACQUISITIONS
Holcim to up stake in Ambuja
Investing $1.34 billion for 24% holding; plans open offer More

Siganporia on Mt Everest board
Tata Tea has acquired management control of Mount Everest Mineral Ltd and Mr P.T. Siganporia has been appointed the non-executive Chairman of the reconstituted board. In June this year Tata Tea had announced its plan to acquire management ... More

NEW PROJECTS
Sona Koyo, Japanese co to invest Rs 150 cr in greenfield project
Auto component maker Sona Koyo Steering Systems Ltd, part of the Sona Group, along with its joint venture partner would invest Rs 150 crore for a greenfield project at Bawal in Haryana. This would be for the company’s new venture to ... More

Electro unveils leisure home project
Chennai, Aug. 23 Electro Constructions, a part of the Chennai-based Electro Group, has launched a leisure home community project, Little India.According to a press release from Electro Constructions, the project coming up on 15 acre ... More

ALLIANCES & JOINT VENTURES
Max Hypermarkets signs licence pact with Spar International
Bangalore, Aug. 23 Max Hypermarkets India Pvt Ltd has signed a licence agreement with the Netherlands-based Spar International for opening SPAR branded hypermarkets and supermarkets across India. Spar will provide expertise, knowledge ... More

Solar Semi, German co ink deal
Solar Semiconductor, a focussed renewable energy technology company has signed a multi-year agreement with Q-Cells of Germany which is the largest independent solar cell manufacturer. The tie-up signed recently involves the supply of 156 mm, ... More

Bajaj Electricals signs MoU
More

INTERVIEW
Chandamama plans make-over
To make it interactive via multiple delivery mechanisms More

ENTREPRENEURSHIP
Lockheed Martin prods 3 tech tie-ups
Bangalore, Aug. 23 Aerospace major Lockheed Martin has said its entrepreneur promotion programme has resulted in three Indian enterprises striking commercial partnerships.Its two-year India Innovation Growth Programme picks Indian ... More

VENTURE CAPITAL
PE players keen to invest in cement cos
Hyderabad, Aug. 23 Domestic and international private equity (PE) players are eyeing the cement industry and are actively exploring investment avenues, according to industry experts.“Keeping in line with the increasing interest in ... More

SICK UNITS
SPIC lenders meet inconclusive
Chennai, Aug. 23 Lenders of Southern Petrochemical Industries Corporation (SPIC), who met today, discussed five options of getting their moneys back — one-time settlement, bringing in a strategic investor, deep restructuring of debt, ... More

OUTLOOK
Ess Dee to launch slew of new products
Packaging innovations to tackle spurious drug trade More

NTPC aims for second spot in coal production
Looking to invest in either Indonesian or Australian coal mines More