CORPORATE
HUMAN RESOURCES
‘Attrition biggest risk to corporate security’
Competitive intelligence is another key issue: Study
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MERGERS & ACQUISITIONS
Exit button
E.I.D. Parry India has decided to sell its stake in the Parryware Roca joint venture to its partner, Roca of Spain. Its board has decided to sell the 47 per cent stake it holds in the 50:50 JV for Euros 112 million (Rs 725 ...
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Making waves
Reliance Communications through its division, Reliance Infocom BV, has acquired a controlling stake in eWave World, a UK-headquartered telco focused on wireless telephony services using the WiMAX technology ...
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NEW PROJECTS
PM dedicates hydel plant in J&K to nation
New Delhi, April 26 The Prime Minister, Dr Manmohan Singh, on Saturday dedicated the 390-MW Dulhasti hydel power project in Jammu and Kashmir to the nation. Built on the River Chenab in the newly created Kishtwar district, the foundation stone ...
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Asian Granito India plans Rs 200-cr capacity expansion
Coimbatore, April 26 Asian Granito India Ltd, manufacturer of vitrified tiles, has planned an additional investment of nearly Rs 200 crore in the next two to three years to double the capacity of wall tile unit and marble project and for a new ...
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Key capacities
Ambuja Cements has earmarked a total outlay of Rs 3,500 crore for capacity expansion projects which will increase its cement capacity to 25 million tonnes by the second half of 2009. ...
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OVERSEAS INVESTMENTS
Essar E&P bids for 2 offshore blocks in Australia
Kolkata, April 26 Essar Exploration and Production Ltd, a wholly-owned subsidiary of Essar Oil, has bid for two shallow-water offshore blocks in Australia. The bidding round ended on April 17 and the award is expected within a month. ...
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ALLIANCES & JOINT VENTURES
Perot Systems in pact with Surgical Care
Bangalore, April 26 Perot Systems Corporation and the US-based Surgical Care Affiliates (SCA) have announced an agreement in which the former will implement advanced technology solutions to serve as a catalyst for business growth. ...
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MMTC, Tata Steel set to form mining joint venture
To obtain leases for exploration across the globe
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OUTLOOK
Aventis set to launch disposable insulin pen
Coimbatore, April 26 Aventis Pharma Ltd (APL) is readying to launch a new disposable insulin pen for type 1/type 2 diabetes by the end of this month.The company, whose export performance declined last year due to factors like rupee ...
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RINL focussing on special steels to boost income
Visakhapatnam, April 26 The Rashtriya Ispat Nigam Ltd (RINL) is shifting focus to special steels and, as a result, it expects to sell 18.27 lakh tonnes of value-added steel during 2007-08 which would be a 64 per cent increase over the previous ...
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PERFORMANCE
Mobile segment continues to drive Airtel growth
BL Research Bureau Strong subscriber additions in the mobile phone business have helped Bharti Airtel close the financial year 2007-08 with a solid set of numbers. Revenues have grown by 46 per cent to Rs 27,025 crore, while net profits have ...
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Feeling the heat
The shares of Maruti Suzuki, one of the better picks in the auto sector, fell 3.25 per cent on April 24, when the company announced its fourth quarter results. The company’s top-line showed a small 7.5 per cent growth compared to the same ...
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PEOPLE
Prahlad on Pearson board
Internationally renowned management guru and best-selling author Mr C.K. Prahalad, has been appointed to the board of Pearson, the world’s largest education services company. According to an official statement, Mr Prahalad has been ...
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