Business Daily from THE HINDU group of publications
Tuesday, May 08, 2007
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CORPORATE

CORPORATE DISPUTES
Tata Sky objects to Turner's plea
Tata Sky has objected to Turner International India's plea to the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to be excused as a party to the Zee-Turner vs Tata Sky dispute. In its order over sharing of signals between the ... More

OVERSEAS BORROWINGS
$50-m IFC loan for OCL
IFC, private sector arm of the World Bank Group, today said it would provide a $50 million loan to Orissa-based cement manufacturer OCL India Ltd. The 10-year loan will help the company build and operate a new kiln line of 1.3 ... More

AWARDS & HONOURS
SAIL Chairman gets FICCI award
The President, Mr A.P.J. Abdul Kalam, presented to Mr S.K. Roongta, Chairman of SAIL, the Businessworld-FICCI-SEDF Corporate Social Responsibility Award - 2006, at the FICCI Auditorium here on Monday. The award recognises ... More

NEW PROJECTS
Electrosteel Castings board okays Rs 500-cr investment in arm
For setting up integrated steel plant in Jharkhand More

REGULATORY BODIES & RULINGS
Aurobindo Zolpidem gets FDA nod
Aurobindo Pharma Ltd has received the US FDA approval for its Zolpidem tablets in strengths 5mg and 10mg. Zolpidem belongs to the class of imidazopyridines (medicines acting on central nervous system). It is the generic version ... More

TRADE & LABOUR UNIONS
HM strike: Workers' family members to take part in rally
Family members of striking workers at Hindustan Motors' (HM) Uttarpara factory will participate in a rally — from Howrah Railway Station to Writers' Buildings — on May 10 to press for the intervention of the West Bengal Chief ... More

ALLIANCES & JOINT VENTURES
Bharti Enterprises ties up with Global Retail
With interests in telecom, insurance and retail, Bharti Enterprises on Monday announced its entry into the education sector. Bharti Resources, a subsidiary of Bharti Enterprises joined hands with private vocational education provider Global ... More

INTERVIEW
SolidWorks ties with MIT; launches Pune centre
SolidWorks Corporation has launched a SolidWorks training centre in Pune, in collaboration with Maharashtra Institute of Technology (MIT). In an e-mail interview with Mr John J. McEleney, Chief Executive Officer, SolidWorks Corporation, he ... More

SOCIETY & DEVELOPMENT
For social responsibility
FICCI AWARD: The President, Mr A.P.J. Abdul Kalam, presenting the corporate social responsibility award to the Chief Operating Officer, Fertilizer business, Tata Chemicals Ltd, Mr Kapil Mehan, in the Capital on Monday. Also seen is the FICCI ... More

DIVERSIFICATION
Panel urges BEL to diversify
Expressing concern over the State-owned Bharat Electronics Ltd's falling order-book position, a high-level Parliamentary panel has asked the public sector enterprises to scout for new diversification opportunities. "The company is faced with a ... More

BONUS ANNOUNCEMENTS
Bosch Chasis announces 1:1 bonus issue
Bosch Chasis Systems India has announced a bonus issue in the ratio of one bonus share for every share held. Following this, the company's paid-up share capital will increase from Rs 10.39 crore to Rs 20.79 crore. The accounting period ended ... More

OUTLOOK
Maruti drives in the SX4 sedan
Bets on the new model for `complete carmaker' tag More

Leighton sees tremendous scope in India
Completes $160-m worth projects near Chennai More

PERFORMANCE
Maruti offers more value with new features
Maruti is clearly the laggard in the premium sedan segment. In order to catch up with the leaders in the segment, Maruti has chosen to load up the Suzuki SX4 with safety features that are currently not being offered in this segment and by pricing ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Garment exporters worried over rising rupee

Bharti Enterprises ties up with Global Retail

Rupee ends flat; touches intra-day high of 40.54

Ocean freight rates shoot up

Maruti drives in the SX4 sedan

Pepper exports surge 56% in 2006

Looking back
Apr. 29-May. 5
PPN Power co switching over to natural gas

Reliance LPG output cut may boost imports

Rising rupee may have small impact on ONGC

Oil India, IOC may adopt 2-model approach for buying assets abroad

QIP route: SEBI sets norm of minimum 1 year listing

New norms for foreign investment in pref shares

IOC losing Rs 80 cr daily on under-recoveries

ACC picking up 12% stake in Shiva Cement

OVL seeks Schedule `A' status



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