Business Daily from THE HINDU group of publications
Friday, August 15, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Friday, August 15, 2008 ePaper | Mobile/PDA Version | Audio |
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OUTLOOK: Indian Hotels plans to invest Rs 2,100 cr; will stay invested in Orient Mumbai, Aug. 14 Indian Hotels Company (IHCL), operators of the Taj Group of Hotels, plans to invest Rs 2,100 crore to add 5,900 rooms in the next three years. ... ALLIANCES & JOINT VENTURES: Auto cos tying up with ITIs to fight skill shortage Mumbai, Aug. 14 The public private partnership (PPP) model for skill development in industrial training institutes (ITI) announced in the Union Budget turns into an opportunity for automobile manufacturers to fight the shortage of trained ... MERGERS & ACQUISITIONS: US trade body clears Sun’s purchase of Taro Asks Sun to sell rights & assets of 3 anti-epilepsy drugs; Sun agrees. Mumbai, Aug. 14 The US Federal Trade Commission (FTC) has cleared Sun Pharma’s proposal to buy Israel-drug maker Taro, but first required the Mumbai-based drug ... SOCIETY & DEVELOPMENT: The green mine Over the years Sesa Goa Ltd, Goa’s leading iron ore mining and export company, has been undertaking environmental protection activities in and around its operating facilities. Sesa Goa’s environmental management and ... NEW PROJECTS: Cosmo Films plans Rs 240-cr expansion Increasing capacity of BOPP film capacity. Mumbai, Aug. 14 Cosmo Films, India’s second largest manufacturer of BOPP (Bi-axially Oriented Polypropylene) films used to make packing material for FMCG and other companies, has planned a ... NEW PRODUCTS & SERVICES: IAF gets first HAL-made Hawk advanced trainer To make 100 advanced jet trainers in 6 years. Bangalore, Aug. 14 Hindustan Aeronautics Ltd on Thursday handed over the first of 42 Hawk advanced jet trainers (AJT) that it is licence-building for the IAF. ... ANNOUNCEMENTS: EIH terminates 15-year branding deal with Hilton Trident, Oberoi brands to be consolidated. Kolkata, Aug. 14 EIH on Thursday said that it has prematurely terminated its 15-year co-branding agreement with Hilton and decided to link all new-owned properties with the Trident brand under EIH ... NEW PROJECTS: Philips plans setting up new development centre in India To develop lighting solutions for local market. Chennai, Aug. 14 Philips Electronics India Ltd plans to set up a development centre in India to develop specific lighting solutions for the Indian market. The facility will come up adjacent to ... NEW BUSINESS: HAL plans copter base in Quito HAL, which recently clinched an export order for seven helicopters from Ecuador, plans to open a maintenance-repair and marketing facility in Quito, the capital of the South American country, according to its Chairman, Mr Ashok Baweja. The ... ANNOUNCEMENTS: Lloyds Metals to deregister from BIFR With its net worth becoming positive Lloyds Metals & Engineers Ltd’s Board of Directors at its meeting held on August 14 has decided to make an application to the Board for Industrial and Financial Reconstruction (BIFR) for ...
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