Business Daily from THE HINDU group of publications
Saturday, November 15, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, November 15, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
NEW PROJECTS: Vedanta cuts capex plans Mumbai, Nov. 14 Hit by the sharp fall in metal prices amid global economic slowdown, Vedanta Resources Plc has decided to cut its capital expenditure plans by $5.1 billion through various initiatives. The company planned to invest $14 billion ... OUTLOOK: Fiat to export engines from India venture To utilise excess capacity at Pune facility. Fiat’s Ranjangaon (Pune) plant with the capacity to produce 3.33 lakh engines a year, can produce a much larger volume of engines than the company and its joint venture partner Tata Motors would ... NEW PROJECTS: Henkel setting up unit for footwear adhesives Company ‘strongly focussing on shoe industry in India’. Chennai, Nov. 14 Henkel, the Dusseldorf-based multinational company in home care, personal care and adhesives, will soon set up a multi-million-euro production base in Mumbai ... ALLIANCES & JOINT VENTURES: FIPB defers decision on ZF Friedrichshafen’s plans for new joint venture in India Department of Heavy Industry insists on NOC from Indian partners. New Delhi, Nov. 14 The Foreign Investment Promotion Board (FIPB) has deferred decision on the proposal by ZF Friedrichshafen Group to set up a new joint venture company in India ... REGULATORY BODIES & RULINGS: FDA observation not to affect supply: Lupin Mumbai, Nov. 14 Lupin has said the recent inspectional observations made by the regulatory United States Food and Drug Administration (FDA) would not affect the supply of its products manufactured at its Mandideep ... ALLIANCES & JOINT VENTURES: Unitek, Borri to set up plant for power tools Kochi, Nov. 14 Kerala-based Unitek Power Solutions and European power equipment maker Borri is jointly setting up a Rs 30-crore manufacturing plant at Ernakulam district to cater to Indian and ... OVERSEAS INVESTMENTS: GMR Infra drops Homeland acquisition plans Bangalore, Nov. 14 GMR Infrastructure Ltd has dropped its plan to acquire a 50 per cent stake in South African firm Homeland Mining Energy. The company had already invested up a 10 per cent stake in the South African company at a cost of ... ANNOUNCEMENTS: Lanco Infra sole bidder for Rajpura power plant Hyderabad, Nov. 14 Lanco Infratech has emerged the sole bidder in the competitive bidding process for the development of a 1,320 MW coal-based power plant at Rajpura ... CORPORATE DISPUTES: RIL-RNRL case: Govt seeks ‘Chamber Summons’ Mumbai, Nov. 14 Additional Solicitor General of India, Mr Mohan Parasaran, representing the Union Government in the ongoing RIL vs RNRL case said on Friday that an officer from the Ministry of Petroleum can be cross-examined in the case by ... PEOPLE: New CEO for DLF International Real estate company DLF Group on Friday announced the appointment Mr Pua Seck Guan as CEO, DLF International in Singapore. He would be leading the DLF Trust Management Pte Ltd, which is in the process of building up office space assets. ... ANNOUNCEMENTS: Finmeccanica picks CADES CADES, a product and design services organisation, said Italian aerospace group Finmeccanica has selected it as a preferred engineering supplier for its global sourcing programme. CADESis a preferred supplier to EADS and works with Boeing, ... RESTRUCTURING: Lanco Infra divestment Lanco Infratech Ltd has entered into share purchase agreements with Agri Gold Projects to divest its stake in two biomass projects in favour of the latter. According to company sources, the agreement was executed by Lanco Infratech Ltd, and ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
RSS Feeds