Business Daily from THE HINDU group of publications
Friday, June 19, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, June 19, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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OVERSEAS INVESTMENTS: India Inc investment bails out US companies: Report Small and medium enterprises are the saviours. New Delhi, June 18 Direct investments by Indian firms in the US are bailing out companies on the brink of closure and generating more ... CORPORATE GOVERNANCE: AP Govt may scrap Maytas-led Metro deal Options include fresh tender, project with Centre’s aid. Hyderabad, June 18 The Andhra Pradesh Government is mulling options of scrapping the controversial Rs 12,200-crore-Hyderabad Metro Rail Project deal with the Maytas Infra-led ... PEOPLE: INSA appoints new CEO ... OUTLOOK: Cairn: Price discussions no constraint on production Co has proposed a 3-year average of bonny light as benchmark price. Cairn India Ltd has said that the ongoing price discussion with the Government nominees for its Rajasthan crude is not a ‘constraint’ on production. “We are ... MERGERS & ACQUISITIONS: Godrej sets up M&A cell, to focus on rural markets Mumbai, June 18 The Godrej group has decided to set up a mergers and acquisitions (M&A) cell to explore opportunities in India ... OUTLOOK: Indowind to invest Rs 100 cr this fiscal Plans to raise share capital to Rs 200 cr. Mumbai, June 18 Chennai-based Indowind Energy Ltd has proposed to invest Rs 100 crore to generate 30 MW of wind energy in the financial year 2009-10. The company has added 20.25 MW to its current ... PERFORMANCE: Maruti Ritz fast catching up with top selling model Swift New Delhi, June 18 In a short time since the launch, Maruti Suzuki’s new model Ritz is fast catching up with sales of its most popular selling model ... OUTLOOK: IOC’s refining margin may go up to $5 a barrel in Q1 Inventory gains leading to the cash flow. Kolkata, June 18 Inventory gains due to rise in crude prices may push up the refining margin of IndianOil to nearly $5 a barrel during the first quarter of this fiscal, up by nearly $2 a barrel compared ... NEW PROJECTS: Big cos in fray to develop India’s tallest building Mumbai, June 18 Major infrastructure developers such as Tata Realty Infrastructure, Reliance Infrastructure, Akruti City, IL&FS Transportation Networks, Shapoorji Pallonji and financial services provider Indiabulls group are in the fray ... OUTLOOK: Transition blues: EMRI faces hiccups on staff salaries, operations Hyderabad, June 18 Is the EMRI (Emergency Management Research Institute), which runs the ‘life saving 108’ ambulance service, going through ... RESEARCH & DEVELOPMENT: Advinus seeks approval for trials of new diabetes molecule Advinus Therapeutics has filed its first investigational new drug (IND) application with the Drugs Controller General of India to start clinical trials on humans for a new diabetes type 2 molecule. It is the first integrated pharma ... OVERSEAS INVESTMENTS: 44% rise in Indian projects in UK There was a 44 per cent rise in the number of Indian projects in the UK, going up from 75 in 2007-08 to 108 in 2008-09 and this includes both new projects and further investment in the existing ... OUTLOOK: Havells expects Rs 500 cr in export earnings over 3 years New Delhi, June 18 Havells India Ltd, an electrical equipment manufacturer, on Wednesday announced the opening of a new automated manufacturing unit in Baddi, Himachal Pradesh. This is expected to boost its production of switchgears by almost ... RESEARCH & DEVELOPMENT: Super Religare unveils food tolerance test New Delhi, June 18 Super Religare Laboratories (SRL) has announced the launch of a ‘Food Tolerance Test’ in the ... OVERSEAS INVESTMENTS: India is the second largest investor in UK Chennai, June 18 India is now the second largest ‘foreign direct investor’ in the UK in terms of the number of projects, outdone only by the US, according to the UK Inward Investment Results, 2008-09, released ... OUTLOOK: Royal Orchid plans to quadruple number of rooms Bangalore, June 18 Royal Orchid Hotels Ltd plans to quadruple the number of rooms from the current 1,000 rooms, including a proposal in Tanzania. Unveiling its plans, Mr Chender Baljee, Chairman and Managing Director, said the company would ... SOCIETY & DEVELOPMENT: Tata Relief to begin work in cyclone-hit Sunderbans areas Kolkata, June 18 As an immediate step towards revival of settlement in cyclone-hit areas of West Bengal, the Tata Relief Committee will take up disaster mitigation initiatives involving people in select villages in the Sunderbans, according to ... ALLIANCES & JOINT VENTURES: Reliance mobile video news alerts Reliance Mobile has tied-up with Aaj Tak to launch MMS news subscription service. A Reliance user will be able to access news related to national, international, business, sports, entertainment happenings on the handset. The news alerts, to be ... Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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