CORPORATE
ACCOUNTANCY
Evolve credible approach to globalisation of accountancy profession: Montek
New Delhi, July 5 The Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, has asked the Institute of Chartered Accountants of India (ICAI) to chart out a “credible approach” to the globalisation of the accountancy ...
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OVERSEAS INVESTMENTS
BPCL in pact with Kenyan firm for LPG bottling plant
Bharat Petroleum Corporation Ltd (BPCL) has entered into an equal joint venture with the Kenya Pipeline Company Ltd for setting up an LPG bottling plant in Nairobi, Kenya.The plant will have a capacity of 2,000 tonnes with LPG ...
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Binani Cement making key overseas investments
To set up two more plants in Gujarat at an investment of Rs 1,000 cr
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ALLIANCES & JOINT VENTURES
Bollineni Castings in tie-up with Velagapudi Steels
Hyderabad, July 5 Bollineni Castings and Steels Ltd, part of the B Seenaiah and Coy (Projects) Ltd, has entered into a production and marketing arrangement with Velagapudi Steel Ltd. “The products from now on will be marketed ...
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EVENTS
Weekly News Round Up
The external commercial borrowings by Indian corporates has slowed down for the period April-May this year. This is evident from the figures released by the RBI recently. According to the RBI data, while in March, about 55 companies borrowed ...
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OUTLOOK
i10 drive: Hyundai to start working 3 shifts
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Italy's Alfa Romeo keen on India entry
Confirming the reports of its India entry, the Alfa Romeo CEO, Mr Luca de Meo, said that it is one of the top priorities of the company. Alfa Romeo, the Italianmanufacturers of sporty cars,is part of the Fiat Group. "Weare looking at it with ...
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L&T eyes gains on India signing nuclear deal
Hyderabad, July 5 L&T, the engineering and construction major, foresees a huge opportunity in nuclear business, especially in reactor manufacturing if India signs the Indo-US nuclear deal. “At present, this segment is ...
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Plethico set to clock Rs 1,000 cr revenue this year
Mumbai, July 5 Herbal and nutraceutical products maker Plethico Pharmaceuticals looks set to achieve its projection of clocking revenues of Rs 1,000 crore, two years ahead of its target of reaching that figure by 2010. And helping ...
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Kirby plans to make India export hub, explores third base here
Pre-engineered steel buildings maker Kirby is evaluating the possibility of setting up its third manufacturing base in India, while expanding its existing plants at Hyderabad and Haridwar.The company has commissioned a feasibility study ...
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