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NEW BUSINESS: McNally bags 2 Vedanta orders
McNally Bharat Engineering Company Ltd has informed BSE that it has received two orders from Vedanta Group for 1.5 million tonnes per annum capacity lead zinc beneficiation plant for Rampura Agucha Mines, Bhilwara (Rajasthan) and an ...

ANNOUNCEMENTS: Temporary shut down in Bosch plant
Bosch Ltd has informed the Bombay Stock Exchange that to adjust production to meet the demand for products and to avoid unnecessary inventory build-up, the company is closing down temporarily production operations at its Bangalore plant ...

MERGERS & ACQUISITIONS: HC nod for Sesa Goa merger
Sesa Goa Ltd has informed BSE that High Court of Bombay at Goa on December 18 approved the Scheme of Amalgamation of Sesa Industries Ltd with Sesa Goa Ltd with appointed date of April 1, 2005 and the certified copy of the order ...

TRADE & LABOUR UNIONS: Lock out at MRF’s Arakkonam plant
MRF Ltd has informed BSE that the management has declared lock out at its manufacturing plant in Arakkonam, Tamil Nadu from December 17 to December 19 on account of labour unrest. – ...

BUSINESS MODELS: ‘Gen next business model will emerge from India’
CII proposes TN manufacturing competitiveness council. Chennai, Dec. 18 The business model for the next generation will emerge out of India, says the author, originator and coach of Next Practices, Mr Mark ...

OUTSOURCING: GE India finalises local sourcing strategy from vendors, partners
Hyderabad, Dec. 18 As the $175-billion GE seeks to outsource more than $8 billion worth business from India and China within the next three-four years, it is in the process of finalising its local sourcing and supply strategy from its ...

RESEARCH & DEVELOPMENT: Japan’s Amada sets up research centre at IIT Madras
Chennai, Dec. 18 Japanese sheet metal machine manufacturer Amada Company Ltd has set up a research centre at the IIT Madras and donated equipment to support the research. The Managing Director and COO of Amada, Mr Toshio Takagi, told ...

CORPORATE DISPUTES: Birlas may move for criminial contempt in Priyamvada Will case
Kolkata, Dec. 18 The Birla-Lodha legal battle over grant of probate of Priyamvada Devi Birla’s Will on Thursday took a new turn in the Calcutta High Court as it seemed likely in view of the possibility that the Birlas may move ...

NEW PROJECTS: Stem cell bank Cryo-Save opens India operations
Bangalore, Dec. 18 Yet another stem cell banking player, Cryo-Save, of Europe, has launched services in the country, with an investment of around Rs 12 crore ...

OUTLOOK: Zandu Pharma may sell loss-making Zandu Chem
Kolkata, Dec. 18 Zandu Pharmaceutical Works may put its loss making subsidiary Zandu Chemicals Ltd (ZCL) up for ...

NEW PROJECTS: DLF Homes super luxury project
...

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