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CORPORATE
OUTLOOK:
BHEL holding its own against Chinese power equipment cos
Beating Chinese cos on the price front. Chennai, Aug. 15 Challenged on its turf by the Chinese manufacturers of power equipment, Bharat Heavy Electricals Ltd appeared to be on the backfoot. In the last three years, orders for boilers and ...
OUTLOOK:
Gujarat State Petro’s KG gas assessment to be completed by Sept
New Delhi, Aug. 15 The assessment of commerciality and development plan of Gujarat State Petroleum Corporation’s (GSPC) Krishna Godavari Basin gas find is likely to be completed by next month. ...
NEW PROJECTS:
Indian Oil plans CDM projects worth Rs 24 cr at Haldia refinery
To generate carbon credits, lower costs by more gainful use of energy. Kolkata, Aug. 15 IndianOil is planning a host of projects at Haldia refinery to reduce refinery flare, vent air emission and steam consumption as a measure to protect the ...
SOCIETY & DEVELOPMENT:
Bajaj AIDS treatment centre
Bajaj Auto Ltd has set up a centre at the Yeshwantrao Chavan Memorial Hospital where HIV positive individuals will be provided with anti retroviral therapy (ART). It will function under the guidance of National AIDS Control Organization (NACO) at ...
NEW PROJECTS:
Tata Refractories plant in Vizag
Tata Refractories Ltd (TRL) has decided to put up a high alumina refractories plant in Visakhapatnam at an investment of Rs 80 crore. It also has drawn up plans to increase its turnover more than three fold to Rs 2,000 crore in the next five ...
OUTLOOK:
Big realty players cashing in on downturn
Parsvnath, Uppal, Omaxe acquire land, projects from smaller players. New Delhi, Aug. 15 The downturn in the real estate sector may well turn out to be an opportunity for large developers to cherry-pick some great deals from the market. ...
RESTRUCTURING:
Yamaha revamps Indian operations
Brings own auto finance arm to India. Bangalore, Aug. 15 After a series of top-level exits and slide in sales, motorcycle maker Yamaha Motor has restructured its Indian operations as well as changed its marketing ...
VENTURE CAPITAL:
Indu Projects gets $77 m from Credit Suisse
Hyderabad, Aug 15 Indu Projects Ltd, an infrastructure and realty company, has received an investment of $77 million (Rs 325 crore) from Credit Suisse, a leading global financial services company. ...
OUTLOOK:
DLF preparing feasibility report on Hyderabad Metro Link
Final study may be submitted to APIIC by mid-Sept. Hyderabad, Aug. 15 DLF Ltd is currently preparing a feasibility study for the proposed Hyderabad Metro Link between the IT hub, HiTech City, and the Financial District on the outskirts of ...
OUTLOOK:
Hatsun’s ‘Project White Gold’ set for full-scale launch
Chennai, Aug 15 Mr Pazhani Muthu, a sextagenarian of Karumapuram in Tamil Nadu’s Salem district, was a small farmer growing vegetables in his farm a few years ago. That was just enough to meet the needs of his family of four, including ...
OUTLOOK:
ONGC to augment facilities in KG basin
Hyderabad, Aug 15 Oil and Natural Gas Corporation will set up an integrated offshore supply base cum processing unit near Kona in Andhra Pradesh. ...
OVERSEAS INVESTMENTS:
‘India made 75 investments in UK last year’
Chennai, Aug. 15 Here’s an ode to our former colonial masters. In 2007-08, India made 75 investments in the UK, which created 19,000 jobs in the country, according to the UK Inward Investment Report ...
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