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CORPORATE
OUTLOOK:
Reliance, GAIL join race for city gas projects
New Delhi, March 3 Players such as Reliance Industries Group, GAIL Gas, Indian Oil Corporation and Adani are said to be in the race for city gas distribution ...
OUTLOOK:
XCD 135: Bajaj Auto’s new brand strategy pays off
It is second largest selling model after Pulsar. Mumbai, March 3 Bajaj Auto’s repositioning of the XCD has paid off in a big way and it is now the second largest selling motorcycle after the Pulsar in the ...
ALLIANCES & JOINT VENTURES:
Aurobindo Pharma, Pfizer in pact
Aurobindo Pharma Ltd has entered into licensing and supply agreements with US pharma major, Pfizer Inc, for several solid dosage and sterile products. The agreements, the details of which were not disclosed, would give the Hyderabad-based ...
ALLIANCES & JOINT VENTURES:
Voltas arm in pact with German co
The textile machinery division of Voltas has entered into an alliance with Thies of Germany to sell and service the German major’s products in India. Thies is a century-old enterprise with global leadership in dyeing equipment. The ...
STANDARDS & BENCHMARKS:
Danfoss India gets China certification
...
PEOPLE:
Changes in Tata Steel board
Tata Steel said its board of directors has approved the appointment of Mr H.M. Nerurkar, Chief Operating Officer, as an Additional Director of the company and that he would be designated as Executive Director, India and South East Asia from April ...
NEW BUSINESS:
Subhash bags Rs 69-cr order
Subhash Projects And Marketing Ltd (SPML) one of India’s leading multi-disciplinary infrastructure companies has bagged the Rs 69.37 crore order from the Karnataka Urban Water Supply and Drainage Board, Karnataka. The successful execution ...
NEW PROJECTS:
Insecticides’ expansion at Dahej
Insecticides (India) Ltd, a Delhi-based firm, will complete the expansion of the 30-acre facility at Dahej Industrial area in Gujarat by the second half of the 2010. The facility, which will have a manufacturing capacity of 20,000 tonnes a ...
PERFORMANCE:
RINL turnover rises 4%
Rashtriya Ispat Nigam Ltd (RINL) achieved sales turnover of Rs 9,202 crore till February-end, a growth of four per cent, in comparison with the last financial year, according to a press release. According to the press release, the steel ...
NEW BUSINESS:
IVRCL bags projects worth Rs 670 cr
IVRCL Infrastructures and Projects Ltd (IVRCL) has announced that the irrigation, buildings and industrial structures division (B&IS) of the company has bagged orders worth Rs 670.03 crore, including a Rs 178.33-crore civil work project ...
OUTLOOK:
ONGC Petro tying up finances for Dahej plant
In talks with strategic investors. Hyderabad, March 3 ONGC Petro-Additions Ltd (OPAL) is set to shortly achieve financial closure for its Rs 12,440-crore petrochemical plant at Dahej special economic zone (SEZ) ...
MERGERS & ACQUISITIONS:
3rd offer for Orissa Sponge
Bhushan Steel group offers Rs 330 a share. Kolkata, March 3 Orissa Sponge shareholders have been offered higher offer price in yet another competitive ...
OUTLOOK:
V-Guard eyeing UPS business via joint venture
V-Guard Industries Ltd, electrical solutions provider with major footprint in south Indian market, is planning a joint venture for its UPS (Uninterruptible Power Supply) ...
ALLIANCES & JOINT VENTURES:
Rexam to supply tin cans to UB
Mumbai, March 3 Rexam HTW, a joint venture between Rexam Plc, UK, and Hindustan Tin Works Ltd, has signed an agreement with United Breweries to supply ...
NEW BUSINESS:
Siemens VAI Metals bags €200-m order from SAIL
Mumbai, March 3 Siemens VAI Metals Technologies has received an order from Steel Authority of India Ltd (SAIL) to build an LD converter steel mill at the Bhilai Steel ...
ANNOUNCEMENTS:
Muthoot Group adds branches in Maharashtra
Pune, March 3 The Muthoot Group, A Muthoot M George Enterprise, has begun operations in Maharashtra with the opening of two branches in Pune at Pimpri ...
OUTLOOK:
Prince Jewellery to open outlet in Bangalore
Bangalore, March 3 The Chennai-based jewellery retailer Prince Jewellery is looking to consolidate itself in the South. The jewellery chain, which has three stores in Chennai and one in Thiruvananthapuram, is all set to open its fifth store ...
NEW BUSINESS:
Suzlon bags 100 MW wind turbine order from China
Mumbai, March 3 Suzlon Energy Ltd on Tuesday announced that it has won an order from China for supplying 100 MW of wind turbine capacity. The company has not disclosed the value of the order, but it is estimated to be over $100 ...
NEW PROJECTS:
Tata-Sasol, JSPL get blocks for coal-to-liquid projects
New Delhi, March 3 The Centre has awarded two separate coal blocks in Orissa to Jindal Steel & Power Ltd. (JSPL) and a joint venture between the Tata group and South Africa’s Sasol Ltd to build coal-to-liquid ...
ANNOUNCEMENTS:
Dunlop to restart work at Sahagunj plant on Friday
Kolkata, March 3 Dunlop India on Tuesday announced withdrawal of the suspension of work at its Sahagunj facility. According to a press release issued here, the plant will commence operation on March ...
ANNOUNCEMENTS:
Hind Latex changes name
Thiruvananthapuram, March 3 The public sector Hindustan Latex Ltd has been renamed HLL Lifecare ...
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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