CORPORATE
ANNOUNCEMENTS
Bharat Biotech launches 2 vaccines
Hyderabad, Sept. 3 Bharat Biotech International Ltd (BBIL) has launched two new vaccines, BioHib, the first indigenously developed and manufactured Haemophilus Influenza type b (Hib) vaccine in the country, and a tetravalent combination ...
More
Sensor for vortex flow meter wins US patent
A sensor for use in flow meters developed by Pune-based entrepreneur, Mr Avinash Vaidya, has been awarded a patent by the United States Patent and Trade Marks office as a ‘device for measuring frequency and amplitude of varying force ...
More
PREFERENTIAL ALLOTMENTS
Garnet Const to issue warrants
Real estate company Garnet Construction Ltd has decided to issue 50 lakh convertible warrants on a preferential basis. The warrants will be convertible into equity shares in 18 months.Sources said the warrants would be priced at Rs 75 each. On ...
More
CORPORATE DISPUTES
Wadia, Danone hold talks to break impasse
Chiefs meet in London for ‘friendly’ discussions
More
The two plugs that sparked the controversy
Chennai, Sept. 3 The feud between Bajaj Auto and TVS Motor is getting more heated with claims and counterclaims made by both the companies. But what exactly is at the heart of the whole controversy? Two spark plugs.At a glance, the two ...
More
‘Bajaj will defend intellectual property rights’
Pune, Sept. 3 Bajaj Auto Ltd (BAL) is preparing to defend its intellectual property in the event a rival’s product that uses the Digital Twin Spark ignition (DTSi) is eventually introduced. In a statement, the company has said ...
More
TVS Motor counters claims
Chennai, Sept. 3 In a press release issued by TVS Motor Company today, the company explains that Bajaj Auto had, at first, filed a complete final claim for patent for its “DTSi” technology on July 3, 2003 stating that “An ...
More
DIVIDEND ANNOUNCEMENT
Divis Labs interim dividend
Divis Laboratories has confirmed an interim dividend of Rs 10 each for equity shares paid as dividend for 2006-07. The AGM of the Hyderabad-based company on Monday also approved re-appointment of Mr P. Gundu Rao, Mr K. Satyanarayana and Mr Kiran ...
More
CORPORATE BONDS
IOC plans to sell bonds worth Rs 2,000 cr in October
New Delhi, Sept. 3 Indian Oil Corporation Ltd plans to sell between Rs 1,500 crore and Rs 2,000 crore worth oil bonds in October. The IOC’s Director Finance, Mr S.V. Narasimhan, said, “This month, we have no plans to sell any ...
More
MERGERS & ACQUISITIONS
Blue River buys 10.2% stake in Rane Holdings
Chennai, Sept. 2 Blue River Capital, a Mumbai-based private equity investment firm, has acquired 10.22 per cent stake in Rane Holdings Ltd, the holding company of the Rs 1,400-crore Chennai-based Rane Group.Blue River acquired the stake ...
More
NEW PROJECTS
Bakery machines firm sets up plant in Bangalore
Bangalore, Sept. 3 The UCA Group, an NRI-owned engineering components and bakery machines company, has set up a plant in Jigani to produce critical components and machinery for Stewart Systems and Spooner Vicars based in the US and UK ...
More
OVERSEAS INVESTMENTS
Kalyani group acquires German engg company
To help enter wind turbine manufacturing
More
ALLIANCES & JOINT VENTURES
BHEL in pact for power plant export
New Delhi, Sept. 3 Bharat Heavy Electricals Ltd (BHEL) has entered into a pact with trading house MMTC Ltd to jointly work towards increasing exports of power plant equipment from India. As per the memorandum of understanding signed by ...
More
JWT teams up with Mindset
Advertising agency JWT has entered Hyderabad in partnership with Mindset e.y.w Advertising Pvt Ltd. The Chief Executive Officer, Mr Colvyn Harris, in a press release said: “We were planning to set up a new office to add to our network and ...
More
SOCIETY & DEVELOPMENT
Intel, Health Ministry plan to scale up healthcare projects
More
OUTLOOK
GAIL seeks nod for 230 new city gas projects
Mulls partnership-based biz model
More
Timken India hopes to expand in rail sector
Bangalore, Sept. 3 A contract worth $6.5 million to supply rail bearings for freight cars built by Titagarh Wagons Ltd (TWL) in India has strengthened Timken India’s hopes to expand in the railway sector that is expected to witness a ...
More
Lanco Infratech plans more infrastructure projects
Hyderabad, Sept. 3 Lanco Infratech Ltd plans to build on its integrated infrastructure company targeting more power projects, roads, ports, airports and special economic zones.The company management at their annual general meeting on ...
More
‘GVK to participate in modernisation of more airports’
Keen to bid aggressively for Navi Mumbai
More
BHEL confident of APGenco order
The BHEL, Tiruchi Complex, could despatch the 500 MW unit for the Kothagudem Thermal Power Station’s Extension Project in a record six months time. Mr M.V.V. Rao, Director (Projects), Andhra Pradesh Power Generation Corporation (APGenco), ...
More
Daimler plans to launch bus range in India
In talks with Jalandhar-based co for making bus bodies
More
PERFORMANCE
M&M August sales rise 30%
Mahindra & Mahindra has clocked total vehicle sales of 18,269 in August, including exports, against 14,032 units over the corresponding month last year, a growth of 30.2 per cent . It clocked total vehicles sales of 17,438 units in the ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds