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ALLIANCES & JOINT VENTURES: Woolworth plans 40 more joint venture outlets
With Tata group, the co already runs 23 retail stores for consumer electronic goods. The Australian-based Woolworth Ltd, which runs 23 retail stores in partnership with the Tata Group in India on consumer electronics and white goods in four ...

OUTLOOK: Apollo to invest Rs 2,000 cr in next five years
To set up high-end hospitals, knowledge centres. Ahmedabad, Oct. 13 Apollo Hospitals International Ltd will invest Rs 2,000 crore in the next five years in developing reach hospitals, high-end hospitals and knowledge centres, said Ms Preetha ...

EVENTS: Midhani told to ensure availability of materials for power plants
Hyderabad, Oct. 13 There is a huge requirement for special materials for super critical plants and nuclear power plants and it is worthwhile for Midhani to analyse the opportunities and make necessary long term plans to ensure the ...

ALLIANCES & JOINT VENTURES: Emco in $20 m venture with S. African firm
Mumbai, Oct. 13 Leading transformer manufacturer Emco Ltd has set up a $20-million joint venture with Edison Power Ltd of South Africa for manufacturing transformers. The venture will tap the emerging market in South Africa and ...

ALLIANCES & JOINT VENTURES: Fox STAR Studios ready to roll out projects
New Delhi, Oct. 13 Fox STAR Studios (FSS) has announced its first project from its “one-stop shop” for Bollywood film producers. The studio will be leveraging Star Networks to successfully market its film ...

REGULATORY BODIES & RULINGS: Ranbaxy seeks nod for human clinical trials for new drug
New Delhi, Oct.13 Ranbaxy Laboratories Ltd announced on Monday that it has submitted an Investigational New Drug (IND) application to the Drug Controller General of India seeking permission to initiate Phase-I human clinical trials for ...

OUTLOOK: Mahindra Systech looking to diversify
New Delhi, Oct. 13 Mahindra Systech, the auto component arm of Mahindra & Mahindra, is looking to more than double its revenues by diversifying its clientele to power plants, railways, defence, aerospace and oil ...

NEW PROJECTS: Kemwell’s new plant set for EU supplies
Bangalore, Oct. 13 Pureplay pharma contract manufacturer Kemwell P Ltd has said it is all set to start making products for European customers at its new oral solids facility in ...

ACCOUNTING STANDARDS: ICAI issues revised accounting standard draft
New Delhi, Oct. 13 The Institute of Chartered Accountants of India (ICAI) has issued an exposure draft of revised Accounting Standard (AS) 3, which relates to Statement of Cash Flows, on the lines of corresponding International ...

INTERVIEW: ‘Lack of diesel engine options considerably restricts Honda Siel’s reach’
Honda Siel Cars India (HSCI) is priming itself for the launch of its premium small car – Jazz – by mid-2009. But, even as its second car and engine assembly plant is coming up in Rajasthan, there is enough action at ...

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