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OUTLOOK: BHEL targets Rs 45,000 cr turnover by 2011-12
Augmenting capacity of existing products, setting up production facilities. New Delhi, Sept. 18 State-owned equipment major Bharat Heavy Electricals Ltd (BHEL) is targeting a turnover of Rs 45,000 crore by 2011-12, its Chairman and Managing ...

RESTRUCTURING: UB Group looking to spin off subsidiaries
For entering into jt ventures with foreign cos. Bangalore, Sept. 18 The UB Group is considering an option to spin off subsidiaries of some of its group companies for entering into joint ventures with foreign ...

NEW PROJECTS: Jai Balaji to begin work on Bengal plant by year-end
Kolkata, Sept. 18 The Rs 464-crore Jai Balaji Industries Ltd is to start work on the integrated steel plant at Raghunathpur in Purulia district of West Bengal towards the end of this ...

OUTLOOK: Strides Arcolab plans domestic launch of branded drugs, nutraceuticals
Bangalore, Sept. 18 Strides Arcolab Ltd plans to use the Grandix label to launch its branded drugs and nutraceuticals in India and other emerging markets, according to the Bangalore-based company’s notification to the ...

OUTLOOK: Lehman fall will not hit projects, says Bharat Infratech
Bharat Infratech, the Hyderabad-based real estate developer has said the recent developments in the financial markets regarding Lehman Brothers in US would not impact their ongoing projects, including its ...

NEW PROJECTS: AO Smith setting up facility in Bangalore
New Delhi, Sept. 1 US-based water heating appliance company A O Smith will be setting up a manufacturing facility in Bangalore to step up its presence in ...

NEW PROJECTS: EoIs invited for titanium complex
Thiruvananthapuram, Sept 18 The Kerala Government has invited expressions of interest (EoIs) for setting up a titanium complex in ...

OVERSEAS INVESTMENTS: Dr Reddy’s launches subsidiary in US
Hyderabad, Sept. 18 Pharma major Dr Reddy’s Laboratories Ltd has launched Promius Pharma LLC, a wholly-owned subsidiary, for specialty business in ...

NEW PROJECTS: Apollo Hospitals to build medical health records repository
Chennai, Sept. 18 Apollo Hospitals Enterprise Ltd is “keen to be pioneers” in establishing a National Electronic Medical Records repository. The repository will store all medical details of a person from his birth to death, ...

OUTLOOK: BHPV board to be reconstituted soon
The board of the Bharat Heavy Plate and Vessels (BHPV) here, taken over by the BHEL, is to be reconstituted soon, probably in a day or two, according to sources here. The Union Ministry for Heavy Industry has taken a decision to this effect, ...

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