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Friday, March 21, 2008
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RESEARCH & DEVELOPMENT
Argentum plans R&D hub for global product development work
New Delhi, March 20 Argentum Motors, the company formed after taking over the erstwhile facility of Daewoo Motors, has a game plan beyond just contract manufacturing of cars and commercial vehicles. Promoted by the former Hyundai ... More

ANNOUNCEMENTS
RIL has not gold-plated its KG field development cost, says consultant
The international consultant appointed by the Government to review Reliance Industries Ltd’s proposed increase in investment for the development of the Krishna-Godavari Basin D6 fields has found that the company has not gold-plated its ... More

AWARDS & HONOURS
Performance awards for 21 power utilities
New Delhi, March 20 The Centre on Thursday presented 21 power utilities, including NTPC Ltd, Tata Power and PGCIL, with national awards for meritorious performance during the year 2006-07. The country’s largest power generating ... More

CONSULTING
Ma Foi to provide personality tests
More

MERGERS & ACQUISITIONS
Irish co CRH picks 50% in AP cement firm for $456 m
Hyderabad, March 20 The Dublin-based $20-billion CRH Group has entered India by picking up a 50 per cent stake in the Hyderabad-based privately held My Home Industries Ltd (MHIL), for a consideration of $456 million. According to an ... More

ALLIANCES & JOINT VENTURES
EON PreMedia ties up with NETS
New Delhi, March 20 EON PreMedia has tied up with New England Typographic Service (NETS), USA to launch NETS EON India Pvt Ltd, a joint venture company that will provide offshore services for the educational publishing market worldwide. ... More

HTC to offer India-specific smart phone models
Intends to sell 1 million units by 2009 More

DIVERSIFICATION
L&T to start work on its integrated shipyard soon
In discussions with Tamil Nadu over project agreement More

SICK UNITS
Andrew Yule recast to be completed by 2008-09 end
Kolkata, March 20 The restructuring and rehabilitation exercise of Andrew Yule & Company Ltd is expected to be completed by the end of 2008-09. The company, which was referred to the Board for Industrial & Financial Reconstruction ... More

OUTLOOK
IOC March refining margin seen at record
May rise to $11/barrel on efficient refining measures More

PEOPLE

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