|
|
CORPORATE
AUDITING:
ICAI President to quiz Satyam auditors
New Delhi, April 3 The two tainted partners of audit firm Price Waterhouse, who are in judicial custody at Hyderabad, will be quizzed on April 5 by the CA institute’s President, Mr Uttam Prakash ...
CORPORATE DISPUTES:
Patent to Bajaj will not affect us: TVS Motor
Mumbai, April 3 TVS Motor Company has stated that the grant of the ExhausTEC patent to Bajaj Auto does not, in any way, impact its products in ...
NEW PROJECTS:
Ambuja Cement suspends grinding unit project in Bihar
Delay in setting up NTPC power plant. Mumbai, April 3 Ambuja Cement, a Holcim Group Company, has suspended the plan to set up a one-million-tonne grinding unit at Barh in Bihar with an investment of Rs ...
PERFORMANCE:
JCB doubles capacity to serve domestic, export markets
Opens new plant near Faridabad. New Delhi, April 3 Construction equipment major, JC Bamford Excavators Ltd (JCB) has said that it does not foresee complete utilisation of capacity at its plant in north India for a year or ...
PERFORMANCE:
Ashok Leyland’s full year sales dip
Ashok Leyland closed the year ended March 2009 with sale of 54,444 vehicles against 83,307 units a year ago, dropping by about 35 per cent. Between April and September the company was selling around 5,000 units a month totalling 32,325 units. It ...
OVERSEAS INVESTMENTS:
Corus opens service centre in China
Tata Steel’s UK subsidiary Corus has opened a service centre in China to serve the growing aerospace industry there. The Aerospace Service Centre Suzhou Ltd (ASC Suzhou) is modelled on Corus’ successful aerospace supply operation in ...
AWARDS & HONOURS:
2 MRF plants bag awards
The Arkkonnam and Goa plants of MRF Ltd have received TPM (Total Productivity Maintenance) Excellence Award. The award was given at a ceremony held in Kyoto, Japan recently. A press release from the company said, the two plants introduced ...
PEOPLE:
Jayant Singh is new Henkel India MD
Mr Jayant Kumar Singh, 39, has taken over as FMCG major Henkel India’s new Managing Director. He took over on April 1 from Mr Satish Kumar, who was the company’s Managing Director since inception in the mid-nineties. Prior to taking ...
OUTLOOK:
Parle Agro finds more scope in institutional sales
In talks with players in hospitality, entertainment industries. Bangalore, April 3 Parle Agro sees good potential in high-end institutional sales from the hospitality and entertainment ...
OUTLOOK:
M&M strikes pay dirt in stationary engines
Chennai, April 3 In a year when the automotive industry was among the worse hit, Mahindra & Mahindra struck pay dirt in its “fledgling business” – stationary engines. The company expects to end the year with 35 per ...
PEOPLE:
Khorakiwala is Chairman of CoD
Hyderabad, April 3 Mr Habil F. Khorakiwala, who stepped down as Managing Director of Wockhardt Ltd, a leading Indian drug maker, to give way to his sons at the helm, has taken up a bigger role in the ...
NEW PROJECTS:
BHEL Tiruchi seeks Rs 480 cr for phase III expansion
Tiruchi, April 3 Bharat Heavy Electricals Ltd’s Tiruchi unit has asked the company’s board of directors to approve a Rs 480-crore project for further expansion of ...
OUTLOOK:
HP sees good traction for data management solutions
Bangalore, April 3 Technology major Hewlett-Packard Co expects good traction for its information management solutions, even as clients look to cut costs and hardware sales decline on the back of the global ...
NEW BUSINESS:
L&T bags orders worth Rs 2, 500 cr
Mumbai, April 3 Larsen and Toubro has been awarded two orders worth Rs 1,344 crore by the Mangalore Refinery and Petrochemicals Ltd ...
ALLIANCES & JOINT VENTURES:
GSPC seeks nod to retain Barmer-Sanchor CBM block
Kolkata, April 3 Gujarat State Petroleum Corporation (GSPC) has approached the Union Ministry of Petroleum and Natural Gas requesting its permission to retain the Barmer-Sanchor CBM (coal-bed methane) block and include an operating partner in ...
OUTLOOK:
Kramski India to supply parts for Bosch CRDi systems
Chennai, April 3 Kramski Stamping and Moulding India Private Ltd, the wholly-owned subsidiary of $50 million Kramski GmbH, will start supplying components for Bosch Ltd from ...
ALLIANCES & JOINT VENTURES:
Kemwell ties up with Canada’s Patheon
Bangalore, April 3 Pureplay contract drug manufacturer Kemwell P Ltd and Patheon Inc of Canada said they have entered into a strategic alliance to tap mutual ...
PERFORMANCE:
Singareni outperforms output targets
Hyderabad, April 3 Singareni Collieries Co Ltd announced it has outperformed the coal production target by 9.7 per cent, registering production of 44.54 million tonnes (mt) during 2008-09. The colliery had targeted output of 41.50 mt ...
PEOPLE:
Goldstone Infra MD reappointed
Goldstone Infratech has re-appointed Mr L.P. Sashikumar as Managing Director of the company for a period of one year with effect from April 1. His term expired on March 31, 2009. The Hyderabad-based company has informed the BSE that the board ...
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
|
|
RSS Feeds