CORPORATE
ACCIDENTS
Fire at membrane cell plant hits Travancore Cochin Chem output
Production dips to 50 tonnes from 175 tonnes
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OVERSEAS BORROWINGS
Hotel Leelaventure plans $100-m FCCB issue
Hotel Leelaventure Ltd said on Thursday that it has secured funds of $100 million (Rs 430 crore) through a foreign currency convertible bonds (FCCBs) issuance. It has the option to increase it by another $10 million, the company said, in a notice ...
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COURTS/LEGAL ISSUES
Tata to regain goods in HM factory
Mr Justice Dipankar Datta of Calcutta High Court on Thursday appointed joint special officers to remove the finished goods from the factory premises of Hindustan Motors Ltd at Uttarpara. Earlier, Tata Motors had moved the Calcutta High Court ...
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Alleged violation of wage accord by company
High Court says petitions `misconceived'
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MERGERS & ACQUISITIONS
Zydus Cadila acquires Japan's Nippon Universal
Price undisclosed; announcements on more deals soon
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Shareholders, creditors clear IPCL-RIL merger
The company has now filed a petition seeking approval of the Gujarat High Court.
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Philips India eyeing buyouts for growth
Philips India Ltd is eyeing acquisitions in sectors such as lifestyle electronics, healthcare and medical systems, according to Mr K. Ramachandran, Managing Director. The likely acquisitions would be funded from internal accruals and ...
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REGULATORY BODIES & RULINGS
Penalty on Tata Chem set aside
A Central Excise order to Tata Chemicals demanding Rs 557 crore as duty has been quashed by the Central Excise and Service Tax Appellate Tribunal (CESTAT), according to a company statement. The Commissioner, Central Excise ...
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ALLIANCES & JOINT VENTURES
Praj entering into joint venture with Aker Kvaerner
It may also acquire a Brazilian company this fiscal
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Simplex Projects, Dutch co join hands for parking solutions
Projects to come up in India, S-E Asia
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EVENTS
Workshop on academic interface
TKM Global Technology and Research Foundation would be hosting a workshop on Industry Academy Interface in Kochi on April 21. TKM Global Technology and Research Foundation has been founded in association with leading academic and ...
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Meet on materials management
The Visakhapatnam branch of the Indian Institute of Materials Management (IIMM) is organising a one-day seminar on Sunday at Hotel Dolphin on the role of materials managers with reference to corporate social responsibility. Mr I. ...
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OUTLOOK
Nissan plans compact car segment entry
Launches Teana at Rs 20.5 lakh
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Dr Lal PathLabs plans laboratory for clinical research
Non-clinical-trial central lab in Delhi on cards
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PEOPLE
Anil Singhvi may quit Guj Ambuja
Mr Anil Singhvi, Managing Director of Gujarat Ambuja Cements Ltd, and one of the highest paid Chief Executive Officers in the country, is believed to be quitting the company. Mr Singhvi has decided to lead a venture of his own, ...
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