The Hindu Business Line : Friday, November 21, 2008

CORPORATE

NEW BUSINESS: ONGC, partners bag 20 blocks under NELP-VII
BHP Billiton consortium with seven blocks is second biggest winner. New Delhi, Nov. 20 Oil & Natural Gas Corporation Ltd (ONGC) and its partners have bagged 20 out of the 44 blocks that have been awarded under the seventh round of the New ...

HUMAN RESOURCES: Cos use case study to woo talent from campus
Winners get cash rewards and pre-placement offers. New Delhi, Nov. 20 Companies are hunting for fresh ideas from B-schools using case study contest as a ...

NEW PROJECTS: DHL Express opens integrated terminal at Bangalore airport
No plans to cut staff strength despite slowdown. Bangalore, Nov. 20 The slowdown in the economy, which affected DHL’s volume, would not result in the company reducing its large employee strength across the four verticals — DHL ...

IPR: Avesthagen diabetes IP worth $470 m
Avesthagen Ltd said its intellectual property portfolio for diabetes management has been valued at an average of $470 million (over Rs 2000 crore) by a leading global life sciences analyst. Dr Villoo Morawala Patell, Founder Chairman and ...

NEW PROJECTS: Parabolic spring plant opened
...

NEW PROJECTS: HAL plans aircraft, MRO facility in Bangalore
Total investment put at Rs 2,095 cr. Bangalore, Nov. 20 Hindustan Aeronautics Ltd plans to set up a new facility with a total investment of Rs 2,095 crore for aircraft and aero-engine manufacturing and MRO (maintenance, repair, overhaul) near ...

RESEARCH & DEVELOPMENT: Maruti R&D centre to develop multiple fuel options
Plans adding 1,000 engineers by 2010. Hyderabad, Nov. 20 Researchers at Maruti R&D centre in India are working on multiple fuel options for all the company cars and expect to roll them out in a phased manner, according to Mr I.V. Rao ...

NEW PROJECTS: Kemwell sets up research unit for GSK’s oral care products
Bangalore, Nov. 20 Pharmaceutical contract manufacturer Kemwell said it has set up a new R&D facility in Bangalore to cater to GSK’s global oral ...

NEW PROJECTS: Biesse plant in Bangalore to serve as supply hub
Bangalore, Nov. 20 Biesse SpA, the Italy-based manufacturer of integrated machines and systems for wood, glass and stone processing, has set up a manufacturing plant in Nelamangala, near ...

POLLUTION: Conspiracy seen behind clay unit attack
The Minister for Industries, Mr Elamaram Kareem, suspects conspiracy behind the attack on the clay factory of Ashapura Mine Chem Ltd in the Kinfra park at Menamkulam near here by a group of people alleging that it was causing ...

TRADE & LABOUR UNIONS: Dunlop Ambattur staff to negotiate final settlement
Chennai, Nov. 20 The management of Dunlop India Ltd and its workers led by the Dunlop Factory Employees Union (DFEU) have entered into a six-month agreement providing for stopping production at Ambattur and negotiating for a ...

MERGERS & ACQUISITIONS: Godrej Consumer in creeping acquisition
Promoters of Godrej Consumer Products have started exercising the creeping acquisition route, as the limits for such acquisition has been relaxed to 75 per cent. Mr Adi Godrej, Chairman of GCPL told this to Motilal Oswal Securities recently, ...

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