Business Daily from THE HINDU group of publications
Sunday, February 15, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Sunday, February 15, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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ALLIANCES & JOINT VENTURES: NTPC, Nuclear Power Corpn to invest Rs 15,000 cr in 8 yrs Pact signed for forming jt venture; NPCIL will hold 51% stake. Mumbai, Feb. 14 NTPC Ltd and Nuclear Power Corporation Ltd (NPCIL) would jointly invest around Rs 15,000 crore in the next eight years to set up nuclear power plants in the country. ... FIXED DEPOSITS: Corporate fixed deposits gaining popularity among investors Mumbai, Feb. 14 Wary of both equity and debt funds, retail investors are making a beeline for the fixed deposit schemes of private companies, say mutual ... DIVIDEND ANNOUNCEMENT: PSUs cough up record interim dividends Despite economic slowdown and weak results this fiscal. New Delhi, Feb. 14 A slowdown may well be in the air, but the interim dividends being forked out by the ‘navratna’ public sector undertakings (PSUs) seem oblivious to the ... CORPORATE GOVERNANCE: LIC, Exim Bank nominee directors to become more vigilant Mumbai, Feb. 14 Companies, on whose board financial institutions have a nominee director, had better watch ... OVERSEAS INVESTMENTS: Nu Tek firms up 2 overseas acquisitions New Delhi, Feb. 14 Here is another mid-sized Indian firm going after international ... ALLIANCES & JOINT VENTURES: Mahindra to roll out mine-protected vehicle Ties up with BAE; will cater to domestic, global defence sectors. Mumbai, Feb. 14 Mahindra Land Systems will launch a mine-protected vehicle in early 2010 in partnership with UK-based defence manufacturer BAE Systems. Following the FIPB ... OUTLOOK: Ashok Leyland to focus on growth of non-truck products Chennai, Feb. 14 “We also make trucks” could well be Ashok Leyland’s catch phrase in the coming years as it targets more revenues from its non-truck ... ALLIANCES & JOINT VENTURES: TAML in supply pact with Saab Tata Advanced Materials Ltd (TAML) and Swedish defence manufacturer Saab have signed a four-year business agreement for the manufacture of structural composite components for one of Saab’s commercial programmes, a TAML release has said. ... OUTLOOK: Hero Electric to launch 7 more models this year Hyderabad, Feb. 14 Hero Electric, part of the diversified Hero group, is set to launch a range of electric bikes during the year, including their first “high speed” bike range within two ... ALLIANCES & JOINT VENTURES: NMDC eyeing tie-ups for coal block acquisitions Hyderabad, Feb. 14 The public sector National Mineral Development Corporation Ltd (NMDC) is looking at forging partnerships for acquiring coal blocks within the country to feed its proposed steel, pellet and power ... ANNOUNCEMENTS: Aurobindo Pharma promoters pledge 39% of equity Hyderabad, Feb. 14 The promoters’ group of Aurobindo Pharma Ltd has pledged 39 per cent of equity of the ... MERGERS & ACQUISITIONS: Supplyco evinces interest in taking over Subhiksha outlets in Kerala Kochi, Feb. 14 Riding on the comfort of rising turnover and profits, State-owned Supplyco is considering the option of taking over the Subhiksha retail outlets ... 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 |
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