Business Daily from THE HINDU group of publications
Wednesday, July 16, 2008
ePaper | Mobile/PDA Version | Audio
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Business Daily from THE HINDU group of publications Wednesday, July 16, 2008 ePaper | Mobile/PDA Version | Audio |
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MERGERS & ACQUISITIONS:
Sun Pharma extends offer for Taro till Sept 2Tel Aviv court wants time to rule on case against Sun’s subsidiary. Mumbai, July 15 Sun Pharmaceutical Industries Ltd has extended the tender offer for purchase of all outstanding ordinary shares of Israel’s Taro Pharmaceutical ... ALLIANCES & JOINT VENTURES: ONGC ready to rope in Petrobras, Statoil Still waiting for Centre’s nod to develop, explore KG block. Kolkata, July 15 Having set the stage to rope in Petrobras of Brazil and Statoil Hydro of Norway as strategic partners in its hydrocarbon rich KG-DWN-98/2 block in October ... 
NEW PRODUCTS & SERVICES:
Hyundai Motor India unveils fuel-efficient Kappa engineChennai, July 15 Hyundai Motor India Ltd on Tuesday unveiled a 1.2-litre, petrol engine called ‘Kappa’ that would be fitted onto the company’s popular compact car ‘i10’. The i10 would be now available in seven ... COURTS/LEGAL ISSUES: We’re committed to high quality generics: Ranbaxy New Delhi, July 15 Ranbaxy Laboratories Ltd has told the United States Department of Justice that it was committed to developing and marketing high quality generic drug products and it will demonstrate that no data manipulation or dishonest ... MERGERS & ACQUISITIONS: Auto sector riding high on M&A, PE deals New Delhi, July 15 Tata Motors’ acquisition of Jaguar-Land Rover inflated the mergers & acquisition basket of the domestic automobile industry during January-June 2008, with the sector witnessing fewer, but high value deals. ... NEW PROJECTS: Porsche expands operations in India; Rod Wallace to head 100% arm New Delhi, July 15 Sanguine on the domestic premium car market, Porsche is aiming to sell around 200 cars this year, a growth of about 70-80 per cent from the previous year. ... DIVERSIFICATION: Pioneer Distilleries power project NEW PROJECTS: SpEC opens second office in Kochi Kochi, July 15 Seeing the huge potential for specialised consultancy in the field of electro-mechanical design and supervision, UAE-based Specialised Engineering consultants (SpEC), has opened its second office in India at Kochi. With mega ... MERGERS & ACQUISITIONS: IFGL Refractories buys Hofmann entities Kolkata, July 15 IFGL Refractories Ltd on Monday announced the acquisition of 96.16 per cent of the share capital of Hofmann Ceramic GmbH of Germany and 100 per cent partnership interest in Hofmann OHG, Germany. IFGL has also acquired 92 per ... OVERSEAS INVESTMENTS: Overseas investments by Indian cos rise Last fiscal, the number of proposals for investments in joint ventures and wholly-owned subsidiaries stood at 2,261 involving a total investment of $23,072 million, reflecting a growth of about 53 per cent compared with the previous ... NEW BUSINESS: IVRCL bags contract for livestock institute building Hyderabad, July 15 IVRCL has been awarded the contract for the first package of Rs 78 crore for the construction of the Indira Gandhi Centre for Advanced Research on Livestock ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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