CORPORATE
RESEARCH & DEVELOPMENT
Farmers seek assurance from Dow Chem on R&D centre
Pune, Feb. 2 Farmers who have been protesting the setting up of a research and development centre by Dow Chemicals International Pvt Ltd near Pune (Dow India) have demanded that the company give them a written assurance that the project will ...
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ANNOUNCEMENTS
Ceat gets re-listed on the bourses
Mumbai, Feb. 2 Ceat Ltd got re-listed on the bourses on Friday and opened at Rs 181.05 on the BSE. The stock touched an intra-day high of Rs 194 and a low of Rs 181.05, before closing at Rs 181.05. Its previous close on the BSE was Rs ...
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Maruti hikes car prices
New Delhi, Feb. 2 Maruti Suzuki on Saturday announced a price hike between Rs 1,000 and Rs 11,000 (ex-showroom Delhi) across all models. The company raised Maruti 800 prices by Rs 1,000; Alto and Omni by Rs 2,500; Zen Estilo by Rs ...
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NEW BUSINESS
Hind Construction bags crude cavern project
Visakhapatnam, Feb. 2 The Union Petroleum Ministry has decided to set up the first underground cavern for crude storage here and the Rs 375.37-crore contract for the project has been awarded to the Mumbai-based Hindustan Construction Company ...
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AWARDS & HONOURS
Buddhadeb seeks larger play for food processing
Kolkata, Feb 2 The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, has stressed on the need for more entrepreneurs in food processing in the State.Speaking at the annual awards ceremony of The Indus Entrepreneurs (TiE), Kolkata ...
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MANAGEMENT
Diversity is the flavour at B-schools
MORE FOREIGN STUDENTS
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MERGERS & ACQUISITIONS
Ramsarup Ind buys Balasore Minerals
Ramsarup Industries Ltd, producer of steel wires, has taken over Balasore Minerals Co, which has iron ore, limestone and dolomite mines located in neighbouring Orissa. According to a statement issued by the company here, the ...
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NEW PROJECTS
Hyundai begins second car plant’s operation in TN
Chennai, Feb. 2 Hyundai Motor India (HMIL) formally inaugurated its second plant here on Saturday and is setting a domestic sales and export target of 5.30 lakh units this year. With the commissioning of the second plant, the installed ...
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EVENTS
Of sons, daughters & in-laws
Hyderabad, Feb. 2 In Indian families, the son-in-law and other in-laws are, naturally, the most important persons. But can you imagine that for some family business houses, involvement of a son-in-law in business affairs is a strict ...
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‘Talent infusion, governance key challenges for family businesses’
Talent infusion, grooming, improving governance and building a global organisation are the challenges in the transition from family-owned business to a professionally managed company, according to Mr G.V. Prasad, Vice-Chairman and CEO, Dr ...
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OUTLOOK
IndianOil set to raise capex by 80% to Rs 8,500 cr
Investments to go up to Rs 10,000 cr in 2009-10
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Audi upbeat on India; A4 rollout by Nov
Plans to expand dealership network
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PERFORMANCE
India Inc earnings grow at slower pace in Dec quarter
One third of firms report profit declines; ‘other income’ rises 82%
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Jai Balaji posts Rs 23.38-cr net
Jai Balaji Industries Ltd has recorded a 236 per cent rise in net profit at Rs 23.38 crore during October-December 2007, up from Rs 6.94 crore recorded during the same period of 2006. The turnover stood at Rs 351.92 crore (Rs 115.90 crore). ...
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PEOPLE
Nissan names head for India operations
Mumbai, Feb. 2 Nissan Motor on Friday announced that it has named Mr Shohei Kimura as the Vice-President of the company’s India Project. Mr Shohei will be the head for Nissan’s business interests and activities in India. ...
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