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Monday, April 06, 2009
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ALLIANCES & JOINT VENTURES: Ratnagiri Gas may ink pact with RIL soon
New Delhi, April 5 Ratnagiri Gas & Power Pvt Ltd (RGPPL), the erstwhile Dabhol project, expects to firm up gas sales and purchase agreement (GSPA) with Reliance Industries ...

RIGHTS ISSUE: Issue of shares against ‘franchisee rights’ not allowed
FIPB clarifies; turns down Canada’s MD Group proposal. New Delhi, April 5 The Foreign Investment Promotion Board (FIPB) has clarified that issue of shares cannot be allowed against ‘rights’, particularly if it is an intangible ...

ANNOUNCEMENTS: Royal Enfield breaks away from traditional selling
New initiative to give buyers a feel of its cult motorcycle. Mumbai, April 5 Royal Enfield, the Chennai-based manufacturer of the Bullet, has kicked off a new marketing initiative aimed at giving buyers a true feel of its ...

AWARDS & HONOURS: O&M hits a half century at the Creative Abbys
JWT carries away 24 prizes. Panaji (Goa), April 5 It’s champagne time at Ogilvy and Mather (O&M), JWT and Leo ...

HUMAN RESOURCES: Outbound and unbound
Nothing like a wilderness break to bring a jaded team together again. It’s a hot afternoon at Adventure Zone, an outbound training camp near Madurantakam, about 90 km from Chennai. The camp’s buzzing with activity: A group from ...

OUTLOOK: Damodar Valley plans super critical power stations
Kolkata. April 5 Damodar Valley Corporation has initiated discussions with power equipment major BHEL and Coal India Ltd (CIL) to build two super critical thermal power stations as a joint ...

OUTLOOK: ‘Gaming ecosystem missing due to lack of local content, piracy’
Hyderabad, April 5 Sony Computer Entertainment Europe, which launched the first console game developed in India — Hanuman — a few days ago, has said the gaming ecosystem is largely absent in India due to lack of local content, ...

CORPORATE GOVERNANCE: Panel on corporate governance may submit report in six months
Kolkata, April 5 The core group formed by the Institute of Company Secretaries of India (ICSI) in the wake of the Satyam scam is expected to come out with its recommendations on corporate governance issues in six months, according to ...

PERFORMANCE: APMDC nets Rs 45 cr profit in 2008-09
Andhra Pradesh Mineral Development Corporation Ltd (APMDC) has recorded a turnover of Rs 150 crore with a net profit of Rs 45 crore ...


Columnists: C Gopinath Harish Bijoor Ramanujam Sridhar Radhika Chada K Srikrishna




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US Dollar (Buy/Sell)50.34/35
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