CORPORATE
RESEARCH & DEVELOPMENT
‘Launching new vehicles, the only way to grow’
TVS Motor set to launch electric vehicle later this year
More
ANNOUNCEMENTS
Tata Steel, Corus begin joint sourcing
More
Gulf co buying Rane Madras’ surplus land
Chennai, Oct 4 The Gulf-based MFar Group has agreed to buy nearly two acres land from Rane Madras, which is selling off its surplus holding at Velachery, on the outskirts to the west of Chennai, according to market sources.According to ...
More
Ranbaxy gets nod for Biaxin generic
More
ACCOUNTING STANDARDS
Impairment drill that churns oil and gas accountants
Chennai, Oct. 4 Even as the field personnel of oil and gas (O&G) companies continue to battle with many complexities to get us the fuel, their accounting colleagues are toiling with a different difficulty: how to apply the Accounting ...
More
PREFERENTIAL ALLOTMENTS
i-flex board okays additional investments
Bangalore Oct 4 i-flex Solutions Ltd has informed the BSE that the board of directors of the company at its meeting held on Thursday has approved an additional investment of up to Rs 10 crore in equity/preference share capital of, and/or a ...
More
OVERSEAS BORROWINGS
‘DLF in talks to raise Rs 2,000 cr thru pvt equity’
Board to consider raising overseas funds
More
TAXATION
More private sector cos enter top advance tax payers list
New Delhi, Oct. 4 More private sector companies have entered into the top ten advance tax payers’ league going by the official data available up to end-September this fiscal. Three companies — TISCO, Reliance Industries and ...
More
HUMAN RESOURCES
McLeod Russel announces higher bonus
McLeod Russel India Ltd, the country’s largest tea producer having 55 gardens spread over Assam and West Bengal, has declared a higher bonus this year for its workers totalling 74,000.The workers in Assam gardens, numbering 49, ...
More
MERGERS & ACQUISITIONS
Exide plans 7.5% hike in prices by mid-October
To part-offset the impact of spiralling lead rates
More
NEW PROJECTS
Caparo plans luxury bus facility near Chennai
Group to invest Rs 1,000 cr in Tamil Nadu
More
Multivista sets up printing unit near Chennai
Offers warehousing and drop-shipping services to clients
More
Reliance Power mandates banks, FIs to raise $6 b
Mumbai, Oct. 4 Reliance Power has mandated banks and financial institutions to raise up to $6 billion (Rs 24,000 crore) in syndicated loans on a secured basis, said the company’s prospectus filed with SEBI for its initial public ...
More
Bengal signs pact with Videocon, Jai Balaji
Rs 31,000-cr investment for setting up steel, power plants
More
Modi lays foundation stone for gas-based plant near Hazira
More
Finnish co Perlos opens plant near Chennai
Chennai, Oct. 4 Perlos Corporation, a €700-million Finnish design and manufacturing partner for the telecom and electronics industry, today inaugurated its plant at Sriperumbudur, near Chennai. This is the company’s eighth global ...
More
Osram investing Rs 100 cr in Haryana plant
Sonepat (Haryana), Oct. 4 Lighting manufacturer Osram India, a 100 per cent subsidiary of Siemens, is investing Rs 80-100 crore for setting up a manufacturing facility at Sonepat in Haryana for compact fluorescent lamps and other energy saving ...
More
ALLIANCES & JOINT VENTURES
Maruti’s venture with Futaba among 13 FDI plans cleared
Premier Travel, Denso Kirloskar proposals sent to PAB
More
INCOME TAX
Direct tax collections up 40.2% in April-Sept
Economic growth, better compliance, say experts
More
DIVERSIFICATION
Dabur entering malted food drinks segment
Test launches Chyawan Junior
More
OUTLOOK
Essar Oil plans test well drilling at Ranigunj block
Kolkata. Oct. 4 Essar Oil plans to start drilling test well at Eastern Ranigunj CBM block in West Bengal by February 2008. The Directorate-General of Hydrocarbons (DGH) recently granted the company a fresh extension of six months to complete ...
More
IHI will begin Petronet’s terminal construction in Feb
Japanese co is the lowest bidder for EPC contract
More
Marginal fields: ONGC told to review package
New Delhi, Oct. 4 The Petroleum Ministry has asked state-owned Oil and Natural Gas Corporation Ltd (ONGC) to review its existing mechanism for development of marginal fields which would result in offering attractive fiscal packages for the ...
More
HM investing Rs 295 cr for Uttarapara unit upgrade
Readying Ambassador cars for 2009 safety norms
More
PEOPLE
Addl charge for NMDC director
Hyderabad, Oct. 4 Mr V.K. Jain, Director (Production), has assumed additional charge of Chairman-cum-Managing Director of National Mineral Development Corporation Ltd (NMDC) with effect from October 1, consequent to the superannuation of Mr ...
More
Padiyar takes charge at KIOCL
Mr M. Balakrishna Padiyar has taken over as Director (Production and Projects) of Kudremukh Iron Ore Company Ltd (KIOCL). A company release said here that Mr Padiyar was earlier General Manager in-charge of Mangalore unit of the company. Mr ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|