Business Daily from THE HINDU group of publications
Saturday, January 17, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, January 17, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
AUDITING: Satyam, an audit process failure: Pai New Delhi, Jan. 16 The Satyam fiasco should be seen more as an audit process failure and not as an accounting issue, Mr T.V. Mohandas Pai, Member of the Infosys Board and Trustee of the IASC ... ALLIANCES & JOINT VENTURES: L&T signs pact with Westinghouse of US For pressurised water nuclear reactors. Mumbai, Jan. 16 Engineering and construction conglomerate Larsen & Toubro has signed a memorandum of understanding with US-based Westinghouse Electric Company (WEC) to offer pressurised water nuclear ... OUTLOOK: Tata Motors to roll out vestibule buses soon Likely to finalise deal with German supplier Hubner today. Mumbai, Jan. 16 Tata Motors is planning to come out with vestibule buses from its joint venture with Marcopolo of Brazil. The company is in talks with Hubner, the German supplier for ... HUMAN RESOURCES: Maytas Properties to close 4 divisions Pink slips issued to scores of employees, say reports. Hyderabad, Jan. 16 With cash flows threatening to dry up and debt hard to get, Maytas Properties’ ambitions to be among the top five realty companies in India on “fast ... ALLIANCES & JOINT VENTURES: MMTC calls off SEZ deal with Maytas group Coimbatore, Jan. 16 The ongoing controversy surrounding the Maytas Group, promoted by the family of former Satyam Computers CEO Mr Ramalinga Raju, has claimed its first victim with MMTC, a Government of India enterprise, calling off a deal ... AUDITING: Vulnerabilities to tax risk The self-confessed mis-statement of accounts by the ex-chairman of Satyam Computer Services has been hogging print-space, airtime and casting shadows on India’s corporate governance record. While it may not be justifiable to generalise ... CORPORATE DISPUTES: NTPC hogs limelight, lifts power sector Hopes of positive settlement in RIL case. Mumbai, Jan. 16 Expectations of some settlement in favour of NTPC in the ongoing case between NTPC and Reliance Industries led to a sharp rise in the power stocks ... ECONOMIC OFFENCES: Does tax deter window-dressing? In the immediate aftermath of the Satyam revelations in the form of an ostensible confession as to inflation of profits through fictitious sales, some commentators have opined that the company would not have done what it has but for the ... OUTLOOK: Fiat plans low-cost car for India by 2012 Car to roll out of Ranjangaon plant. Mumbai, Jan. 16 Italian automaker Fiat is working towards producing a low-cost car for India which could debut ... NEW BUSINESS: Elecon Engg bags Rs 18.5-cr order Elecon Engineering Company Ltd, leading material handling equipments, industrial gears and transmission products manufacturer, has bagged an order worth Rs 18.5 crore from the Chennai-based Techpro Systems, the company said today. Earlier ... CORPORATE GOVERNANCE: SEBI has to wait till Monday to get a date with Raju Regulator also probing for insider trading prior to announcement. Mumbai, Jan. 16 The Securities and Exchange Board of India will now have to wait until Monday, for a ruling from a Hyderabad-based court, to find out when it can interrogate the ... CORPORATE DISPUTES: ‘Bombay High Court could revise its earlier interim order on RIL’ Mumbai, Jan 16 The division bench of the Bombay High Court, on Monday, could revise its earlier order restraining Reliance Industries from creating any third party rights in the KG basin gas supply, Mr Mohan Parasaran, Additional ... OUTLOOK: Tata Motors may shift production of new models to Ranjangaon New Delhi, Jan. 16 Tata Motors is likely to shift assembly operations of its Indigo sedan to its joint venture partner Fiat’s facility in Ranjangaon from next ... PEOPLE: Hunt for GAIL chief narrows down to two names New Delhi, Jan. 16 The hunt for the new Chairman and Managing Director of GAIL (India) Ltd seems to have narrowed down to two names from about 18 people interviewed by the Public Enterprises ... NEW PROJECTS: Intas to pump in Rs 160 cr for Gujarat facility Biotechnology company Intas Biopharmaceuticals Ltd (IBPL) will invest Rs 160 crore towards setting up a separate manufacturing facility for monoclonal antibodies (mAbs) at ... CREDIT RATING: Crisil issues credit alert on 20 entities Kolkata, Jan. 16 Crisil has issued a credit alert for the 20 market entities it ... OUTLOOK: BMW India to launch SUV, sedan model in a month New Delhi, Jan. 16 German luxury car maker BMW India will launch its sports utility vehicle X6 and a new model of its seven series sedan in a month’s time, shrugging off fears of an economic slowdown impacting luxury car sales in ... PEOPLE: Satyam Board to meet today Hyderabad, Jan. 16 The six members on the new board of Satyam Computer Services, appointed by the Union Government, would meet here on Saturday to discuss both the short-term and long-term strategies to put the crisis-ridden company back ... Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna 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 © 2009, 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