The Hindu Business Line : Friday, November 14, 2008

CORPORATE

ALLIANCES & JOINT VENTURES: BHEL plans to tie up with L&T for new nuclear orders
Setting up Light Water Reactor-based capacities. New Delhi, Nov. 13 State-owned Bharat Heavy Electricals Ltd (BHEL) is looking to tie up with private sector engineering major Larsen & Toubro (L&T) to jointly set up new-generation Light ...

OUTLOOK: Hyundai adopts cautious approach on production
Rolls out its two millionth car. Mumbai, Nov. 13 Although Hyundai India has maintained the growth momentum despite the downtrend in the industry which has hit many of its peers, the volatility in the domestic and international automotive markets ...

OUTLOOK: IOC refining margins may remain negative in Nov
Sale of kerosene, LPG continues to be heavily loss-making. Kolkata, Nov. 13 Despite a fall in crude prices to manageable levels, drastic erosion in refining operations has come in the way of ...

OUTLOOK: Bombardier to deliver Delhi Metro coach in June
Open to manufacturing partnership with Railways for locos. Vadodara, Nov. 13 Bombardier Transportation India Ltd, whose new railway vehicle manufacturing plant was inaugurated by the Gujarat Chief Minister, Mr Narendra Modi, here today, will ...

NEW PROJECTS: Zamil Steel launches operations in India
Investment at $32 m. Pune, Nov. 13 Zamil Steel, part of the Saudi Arabian industrial conglomerate, announced the launch of its first facility in India for the manufacture of pre-engineered buildings (PEBs). A second facility is also on ...

NEW BUSINESS: SKF bags €303-m Suzlon contract
New Delhi, Nov. 13 SKF India Ltd on Thursday announced that it has entered into a long-term relationship with wind power firm Suzlon Energy for supplying bearings for the latter’s wind turbines. The agreement covers an initial period ...

ALLIANCES & JOINT VENTURES: OVL, partner strike more oil in Egypt
New Delhi, Nov. 13 ONGC Videsh Ltd (OVL) and its partner IPR Red Sea Inc have made a second oil discovery in the North Ramadan Concession, Gulf of Suez, ...