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CORPORATE
OUTLOOK:
DLF-Fortis hospital venture facing delays
New Delhi, Nov. 19 Issues seem to have cropped-up regarding DLF’s pact with Fortis Healthcare for setting-up super-speciality hospitals in DLF townships. This comes at a time when the real estate giant is facing deferment of some of ...
OUTLOOK:
BHEL in talks with Sheffield, Kobe for nuclear forgings facility
Bharat Forge may also be part of the project. New Delhi, Nov. 19 Amid a shortage of critical equipment for nuclear plants globally, Bharat Heavy Electricals Ltd (BHEL) is planning to set up a greenfield manufacturing base in India for ...
COURTS/LEGAL ISSUES:
TNEB order imposing conditions on tariff sops set aside
‘It was contrary to apex court directions’. Chennai, Nov. 19 The Madras High Court has set aside the memo of June 10, 2008 of the Tamil Nadu Electricity Board imposing conditions, contrary to directions of the Supreme Court, for ...
NEW PROJECTS:
Thermo Fisher clinical facility now in Ahmedabad
$17-m project to begin work in January; this is its 20th centre. Ahmedabad, Nov. 19 Thermo Fisher Scientific Inc, the Fortune-300 $10-billion global leader serving science, on Wednesday announced commencement of its new, full-service clinical ...
OUTLOOK:
GAIL seeks tenders again for Vijaipur-Dadri-Bawana project
Steel prices dip may cost the company Rs 250 cr. New Delhi, Nov. 19 GAIL (India) Ltd has maintained that the current economic slowdown is not going to affect its projects. However, following a steep fall in steel prices, the company has decided ...
ANNOUNCEMENTS:
‘Grand’ hotels to be called ‘Lalit’
The Delhi headquartered Bharat Hotels is to call all its hotels ‘Lalit’ instead of the name The Grand by which they are known at present, the Chairperson and Managing Director, Ms Jyotsna Suri, announced here on Wednesday. Currently ...
ALLIANCES & JOINT VENTURES:
DQ Entertainment, Turner in pact
...
MERGERS & ACQUISITIONS:
Ess Dee picks up majority stake in India Foils
To revive ailing co with Vedanta-owned Malco. Mumbai Nov. 19 Ess Dee Aluminium Ltd, a manufacturer and supplier of aluminium foils and PVC-based primary packaging products, on Wednesday announced acquisition of about 85 per cent stake in the ...
ALLIANCES & JOINT VENTURES:
Wockhardt can now take in insured US patients
Ties up with Companion Global Healthcare. If there is one domestic sector that may not have to worry about the global downturn, it could be the healthcare ...
NEW PROJECTS:
Akzo Nobel unit setting up plant near Bangalore
Chennai, Nov. 19 The Industrial Finishes division of the Rs 1,250-crore Akzo Nobel Group in India, is expanding capacity by setting up a new plant at its Hoskote premises, about 40 km from ...
OUTLOOK:
PowerGrid to spend Rs 7,031 cr on Sasan project
New Delhi, Nov. 19 Power Grid Corporation of India Ltd (PGCIL) announced on Wednesday that it plans to spend Rs 7,031 crore to build the transmission system associated with the 4,000-MW Sasan Ultra Mega Power Project (UMPP) in Madhya ...
OUTLOOK:
A-Star launch may revive Maruti volumes
Company targets export market as well. The launch of the A-Star may be just what the doctor prescribed for Maruti Suzuki in the present scenario. Placed at the upper end of the compact (A2) segment, the A-Star could well revive the ...
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