CORPORATE
ACCIDENTS
Accident not to hit Aurobindo
Aurobindo Pharma Ltd has said that the recent accident in one of its factory units would not affect the regular operations of the company. The Hyderabad-based pharma major informed the stock exchanges that an accident had occurred on February 3 ...
More
ANNOUNCEMENTS
Kundara Ceramics to switch to organic fuel
Thiruvananthapuram, Feb. 4 The State-owned Kundara Ceramics is switching from petroleum fuel to organic fuel as part of the company’s efforts to increase profit and production efficiency.The company is establishing a biomass hot ...
More
NEW BUSINESS
Simplex Infra bags Qatar order
Simplex Infrastructures Ltd has said that it had received a new order of Rs 287 crore from Qatalum Thermal Power Plant in Qatar. With this, the power vertical of the company accounts for Rs 1,252 crore or 14 per cent of the total order book of Rs ...
More
COMPANY LAW
Company secretaries allowed to advertise services
They will have to follow guidelines issued by ICSI
More
AWARDS & HONOURS
L&T, Dr Reddy’s bag ICAI awards
New Delhi, Feb. 4 Larsen & Toubro Ltd has bagged the Institute of Chartered Accountants of India’s (ICAI) gold shield for excellence in financial reporting among companies in the infrastructure and construction sector for the ...
More
MANAGEMENT
‘Family businesses will continue to flourish’
High standards of corporate governance, modern management with technology support and a long-term strategy are key drivers for family business, according to Mr Adi Godrej, Chairman of Godrej Group.Speaking on ‘Building ...
More
Leadership innovation centre at ISB
More
CORPORATE BONDS
Lok Housing to issue convertible warrants
Kolkata, Feb. 4 Lok Housing & Constructions Ltd has proposed to issue 50 lakh convertible warrants on a preferential basis to three promoter entities. The planned conversion price of Rs 354 per share of Rs 10 each is way above the ...
More
RESTRUCTURING
Nicco move to transfer cable biz
Kolkata, Feb. 4 Nicco Corporation Ltd has informed the Bombay Stock Exchange that the company has filed a Scheme of Arrangement with Calcutta High Court for transfer of its cable business to its wholly-owned subsidiary, Nicco Cables Ltd. A ...
More
NEW PROJECTS
Broekman Group plans automotive terminal
‘Company will soon offer door-to-door cargo services’
More
Shyam Group plans Rs 9,900-cr integrated steel, power plant
Kolkata, Feb 4 The Shyam Group of Industries, which has interests in steel, power and cement, plans to set up an integrated steel and power plant at Jamuria near Asansol in West Bengal for around Rs 9,900 crore. Group company Shyam Sel Ltd ...
More
Ceat to firm up plans on radial facility location, tech partner this month
Begins increasing tyre prices from February 1
More
Lotte’s new facility to make high-end snacks and gums
Chennai, Feb. 4 Lotte India Corporation Ltd (formerly Parry Confectionery) plans to start work on a new facility at an investment of Rs 200 crore in the next couple of months. The company has acquired a 22-acre parcel of land for the purpose ...
More
Suryachakra thermal power project
Suryachakra Power Corporation Ltd has informed BSE that the Company has entered into memorandum of understanding on February 1 with the Chhattisgarh Government’s Chhattisgarh State Electricity Board for setting up of 270 MW thermal power ...
More
KPR Mill’s phase-I completion soon
Coimbatore, Feb. 4 KPR Mill, the integrated textile company which is doubling capacities in yarn, fabric and garment productions under phase-one expansion, with an outlay of Rs 517 crore, will have the expansion work completed by the end of ...
More
OVERSEAS INVESTMENTS
Koutons Retail plans foray into China, W. Asia
To roll out garments for ladies, kids
More
ALLIANCES & JOINT VENTURES
RIL, Gujarat Mineral plan jt venture for lignite gasification
Ahmedabad, Feb. 4 Reliance Industries Ltd (RIL) and Gujarat Mineral Development Corporation (GMDC) are planning to set up a joint venture company to undertake lignite gasification in Gujarat and Rajasthan.The two companies had signed a ...
More
Parsvnath ties up with ITC arm to run 50 hotels
Plans to pump in Rs 2,500 cr for hotel projects
More
Escorts pact with Singapore co
Escorts Construction Equipment Ltd (ECEL) on Monday signed an agreement with the arm of Temasek Group, Singapore Technology Kinetics to market its construction and road equipment brand LeeBoy. Through this agreement, Escorts has got the marketing ...
More
BUSINESS MODELS
UB Group working out new biz model for Whyte & Mackay
To include branded products in portfolio, cut down markets
More
EVENTS
Steel price increase unreasonable, says Paswan
Price panel looking into hike; Minister to meet producers by Feb 15
More
OUTLOOK
Ford may use existing platform for small car project
Engineers across different facilities will work together on the design
More
Doshion eyes buys in India and abroad
Sets a turnover target of Rs 1,000 cr by 2010
More
Scania looking to boost presence in India
New Delhi, Feb. 4 Swedish automotive major Scania has set its eyes on the burgeoning domestic commercial vehicle industry, with plans to strengthen its presence here. Scania, a leading bus and truck manufacturer with operations in 100 ...
More
Jindal Saw forays into urban infrastructure projects
New Delhi, Feb. 4 Leading pipes manufacturer Jindal Saw Ltd, sees the urban infrastructure projects contributing a greater share of company’s revenue in the next five years as the country increases spending on infrastructure projects to ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds