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CORPORATE
MERGERS & ACQUISITIONS:
Reliance moves to merge Petroleum with itself
Mumbai, Feb. 27 It was not entirely unexpected from Mr Mukesh Ambani, but its timing took the investment ...
MERGERS & ACQUISITIONS:
RPL merger inevitable and expected: Experts
RIL will get greater muscle in negotiating crude prices. Mumbai/Chennai, Feb. 27 Reliance Industries’ proposal to merge Reliance Petroleum (RPL) with itself is “a move on the expected lines”, according to top industry experts ...
OUTLOOK:
Chevron likely to exit RPL
New Delhi, Feb. 27 Chevron Corp, which holds a five per cent stake in Reliance Petroleum Ltd (RPL), is likely to exit the company, say industry ...
ALLIANCES & JOINT VENTURES:
GMR-HIAL, Malaysian co to set up MRO facility
Agreement signed for Rs 400-crore joint venture. Hyderabad, Feb. 27 The GMR group has signed an agreement with Malaysian Airlines to set up a Rs 400-crore Maintenance, Repair and Overhaul (MRO) facility at the Aerospace Park near the Rajiv ...
REGULATORY BODIES & RULINGS:
USFDA action against Ranbaxy based on false drug stability data
New Delhi, Feb. 27 The action by the US Food and Drug Administration against Ranbaxy, on Wednesday, was triggered after it was found out that the company had given incorrect data to prove drugs are stable over a certain time ...
REGULATORY BODIES & RULINGS:
Maytas Infra: CLB to appoint 4 more directors including Chairman
New Delhi, Feb. 27 The Company Law Board (CLB) will appoint four more directors including a Chairman on the board of Maytas Infra Ltd. This follows Maytas Infra accepting the CLB suggestion made at the hearing on Thursday for inducting ...
ACCOUNTING STANDARDS:
Study poser on corporate accounts
High growth in profits not matching operating cash flow. Kolkata, Feb. 27 Has India Inc been depressing adjustments such as interest payable, interest income, other expenses or income to show more profits over the past few years? A recent study ...
DIVERSIFICATION:
Emami to invest Rs 2,200 cr in Bengal paper plant
Kolkata, Feb. 27 The Rs 2,000-crore Emami Group is planning to invest Rs 2,200 crore for setting up a high-end writing and printing paper manufacturing plant at Kultikri in West Midnapore district of ...
OUTLOOK:
HMSI to position its 100 cc bike in a sporty and premium category
New Delhi, Feb. 27 Honda Motorcycles and Scooters India will position its 100 cc bike, set to debut in a years’ time, with a more sporty look targeted at premium ...
NEW PRODUCTS & SERVICES:
Disability manual for corporates launched
Bangalore, Feb. 27 Former India Test Cricket captain Anil Kumble underlined the importance of inclusiveness of all stakeholders through humanistic approach to overcome any challenges in ...
ALLIANCES & JOINT VENTURES:
MMTC, Sical sign pact for iron ore loading terminal project
New Delhi, Feb 27 MMTC Ltd has signed a formal shareholders’ agreement with Sical Logistics Ltd and L&T Infrastructure Development Projects Ltd for setting up a permanent iron ore loading terminal project at Ennore Port ...
OUTLOOK:
GMR Group looking at coastal sites for power plants
Hyderabad, Feb. 27 GMR Group, which has completed two major acquisitions of coalfields in Indonesia and South Africa recently, is on the lookout for possible sites in Gujarat, Maharashtra, Andhra Pradesh and Orissa to set up ...
OUTLOOK:
Eveready sees alternative lighting driving growth this year
Bangalore, Feb. 27 With new products in the battery segment and entry into the alternative lighting solutions segment, Eveready Industries looks at a 45 per cent year-on-year growth in the next financial year. The company expects the ...
SICK UNITS:
Malvika Steel being rebuilt
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NEW PROJECTS:
Abhishek Ind paper project
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NEW PROJECTS:
PGCIL board clears grid project
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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
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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