The Hindu Business Line : Tuesday, March 04, 2008

ANNOUNCEMENTS
Suzlon invests Rs 100 cr to retrofit turbines
Wind turbine manufacturer Suzlon Energy Ltd (SEL) has announced a retrofit programme to resolve blade cracking issues discovered during the operations of some of its S88 turbines in the US. The total cost of the retrofit programme is ... More

Eicher Motors slashes prices
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OVERSEAS BORROWINGS
ABL Biotech to raise $7 m through GDR
Chennai, March 3 ABL Biotechnologies Ltd plans to raise $7 million (Rs 28 crore) through a GDR issue, according to information provided by the company to the stock exchange.Mr K.O. Isaac, Managing Director, ABL Biotechnologies Ltd, said ... More

NEW BUSINESS
Astra Microwave gets ISRO order
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HUMAN RESOURCES
Stress on strategies to curb attrition
Companies need to focus more on talent management to achieve corporate excellence and also to bring down attrition rates, which is plaguing certain sectors, according to Mr P. Babu Rao, Director (Personnel), of the Neyveli Lignite Corporation ... More

MERGERS & ACQUISITIONS
IMPACT
Jain Irrigation on acquisition mode
Gets access to superior technology More

OVERSEAS INVESTMENTS
Jain Irrigation buys Swiss co
New Delhi, March 3 Jain Irrigation on Monday said it has acquired controlling stake in Switzerland-based Thomas Machines SA for an undisclosed amount. The company has acquired 69.75 per cent stake in Thomas Machines SA with full ... More

Nod for OVL investments in Venezuela, Qatar
New Delhi, March 3 The Government has approved plans by ONGC Videsh Ltd (OVL), the overseas investment arm of ONGC, to invest up to $458.21 million in oil and gas projects in Venezuela and Qatar. The Cabinet on Monday gave its nod to ... More

DIVERSIFICATION
ArcelorMittal working with Govt in energy sector
Is global steel giant ArcelorMittal diversifying into the energy sector, especially oil and gas? Asked this question, Mr Aditya Mittal, the Chief Financial Officer of the company said: “India is an energy-deficient country and we are ... More