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CORPORATE
PERFORMANCE:
Global slowdown hits Rolls-Royce India sales
14 units sold in ’08; Rs 4-cr Phantom Coupe launched. Mumbai, Feb. 21 The slowdown has even hit the super luxury segment of the automobile market. Rolls-Royce, which sells cars in the range of Rs 3 crore to Rs 4 crore fell short of its ...
OUTLOOK:
Real estate market looking positive: Sobha Developers
Signs of improvement in sales seen. Bangalore, Feb. 21 With interest rates falling and market sentiments getting better, Sobha Developers claims the real estate market is looking positive with its sales now showing signs ...
NEW PROJECTS:
Ramsarup’s new wire plant
The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, on Saturday inaugurated a new single-line LRPC wire plant at Durgapur the capacity of which is 30,000 tonnes per annum, taking the overall wire capacity of Ramsarup to 300,000 tonnes ...
ANNOUNCEMENTS:
Reliance to begin trial production from KG basin next month
Awaits eGoM nod for pacts with power producers. Gadimoga village (AP), Feb. 21 Reliance Industries Ltd (RIL), which is set to invest $12 billion (about Rs 60,000 crore) in the KG basin, is awaiting a nod from the Empowered Group of Ministers ...
NEW PROJECTS:
Robotics at work for under-sea installations
Gadimoga, Feb. 21 The country’s first deepwater oil and natural gas project of Reliance Industries Ltd, in the Krishna Godavari basin region, set for commissioning shortly, has several ...
OUTLOOK:
Panasonic bets big on India, to invest $300 m
Mumbai, Feb. 21 Japanese electronic and electrical products maker Panasonic is betting big on India, drawing up plans to invest $300 million in the next three years to ramp up manufacturing capacities and expand its ...
Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
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