CORPORATE
ANNOUNCEMENTS
Hyundai to supply Accent for Govt
Hyundai Motors India Ltd’s Accent GLE has been selected by the Directorate General of Supplies & Disposals (DGS&D) in the Ministry of Commerce for its fleet of official cars. With this, the company expects to bag an order of 1,000 ...
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OVERSEAS BORROWINGS
Indian cos raise $8.3 b on Nasdaq Portal in 2007
Mumbai, Feb 13 Twentyfive Indian companies raised a total of $8.3 billion on the Nasdaq Portal Market in 2007, a senior Nasdaq official said today. They include Reliance Industries, Suzlon Energy, Axis Bank, DLF, Power Finance Corporation, ...
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MANAGEMENT
‘Firms need to focus on PPT to be competitive’
Chennai, Feb. 13 Organisations today, in order to be competitive, need to focus on PPT, according to Mr R. Radhakrishnan, General Manager, South Zone, Hindustan Petroleum Corporation Ltd. “As students of management, I am sure all ...
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NEW PROJECTS
Pokarna setting up engineered stone factory in Vizag
This summer, consumers keen to have thechoicest colour shade for their apartment flooring or large companies looking for uniform colour stones for their premises could have an option ready.At present, granite, a common choice, has a ...
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EPR Group investing $500 m for expansion
EPR Group plans to invest over $500 million to expand its three group companies involved in pharma, gene technologies and cancer research. EPR Pharma company is expanding its facility at the S.P. Biotech Park Phase-II. The new facility ...
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Dalmia Cement to ramp up production
Tiruchi, Feb. 13 Buoyed by the unprecedented demand for its Vajram brand in 2006-07, Dalmia Cement (Bharat) Ltd aims to become a national player by ramping up its production capacity to 25 million tonnes in two phases. Under phase 1, ...
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Avtec to invest Rs 200 cr in engine, transmission capacity
Proposed expansion at Chennai, Indore plants for export
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Shyam Steel plans greenfield units
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ALLIANCES & JOINT VENTURES
Rosneft eyes stake in ONGC’s Mangalore LNG terminal
Bilateral trade and investments seen as key to advance relations
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FACT forms pact to make gypsum-based building materials
Kochi, Feb. 13 Fertilisers and Chemicals Travancore Ltd (FACT) has signed an MoU with Rashtriya Chemicals and Fertilisers (RCF) and Australia-based Rapid Building Systems (RBS) for supply of technology, licence and critical equipment for ...
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Centum Frequency signs pact with Rakon
Bangalore, Feb. 13 The Bangalore-based Centum Frequency Products Pvt Ltd (CFPL), a wholly-owned subsidiary of Centum Electronics Ltd, has signed a joint venture agreement with the New Zealand-based multinational Rakon Ltd offering 49 per cent ...
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Jain Irrigation enters water treatment biz with Israeli co
Mumbai, Feb. 13 Jain Irrigation Systems Ltd (JISL) and Mekorot, the national water company of Israel, have signed a memorandum of understanding (MoU) for working together in water infrastructure-related projects in India.Initially, the ...
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GAIL signs pact with ITERA
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INCOR venture with 2 Israeli cos
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SICK UNITS
ICRA report on BHPV to be ready by tomorrow
Visakhapatnam, Feb. 13 The valuation report on Bharat Heavy Plate and Vessels (BHPV), being prepared by ICRA, will be ready by Friday and the subsequent steps to make the unit a subsidiary of the BHEL will follow, according to Ms Kanti Singh, ...
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OUTLOOK
JC Spain unit to invest Rs 500 cr in India
JC Middle East FZC (JCME), a subsidiary of leading industrial valves manufacturer, JC Fabrica de valvulas s.a based in Spain, plans to invest Rs 500 crore in India in the next three years. Announcing the launch of its Indian operations, ...
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PEOPLE
Bihar Tubes bags Rs 15-cr order
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