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CORPORATE
OUTLOOK:
Hindalco asks BHEL not to source components from China
Puts in rider in contract for boilers and turbine generators. Chennai, April 7 Hindalco Industries Ltd, which has placed a Rs 2,010-crore order on BHEL for the supply of boilers and turbine-generators for its 900 MW Mahan project, has put it as ...
OUTLOOK:
Fortis to expand network to 40 hospitals by 2012
Bangalore, April 7 Fortis Healthcare Ltd expects to expand its network to 40 hospitals and almost double to 6,000 beds by 2012, the economic slowdown not quite pinching it or the ...
AWARDS & HONOURS:
Intelenet in Hewitt ‘best employers’ list
Intelenet Global Services has found a place in Hewitt Associates’ assessment of top 25 Best Employers in India. The study, now in its sixth year in India, is part of Hewitt Best Employers in Asia. An Intelenet release said the study ...
PERFORMANCE:
‘APEPDCL ahead of private peers’
The Eastern Power Distribution Company of AP Limited (APEPDCL), formed 10 years ago with its headquarters here, is far ahead of private companies in the country, though its capital investment is much less, and has succeeded in reducing ...
NEW PROJECTS:
Magna Intl mulls integrated production facility in India
Chennai, April 7 Canadian auto component major Magna International Inc is mulling options to set up an integrated manufacturing facility in India for all but one of its ten business divisions — that exception being Car Top Systems. ...
CREDIT RATING:
Moody’s downgrades Tata Chemicals
Mumbai, April 7 Global rating agency Moody’s Investors Service has downgraded to Tata Chemicals’ corporate family rating to Ba1 from Baa3 with a ...
OVERSEAS INVESTMENTS:
Time to look for acquisitions abroad: Exim Bank Chairman
Madurai, April 7 The current global meltdown is an opportune time for the Indian corporate sector to go for acquisitions abroad, said Mr T.C. Venkat Subramanian, Chairman and Managing Director, Export-Import (EXIM) ...
RESEARCH & DEVELOPMENT:
BHEL to spend more on R&D
The Corporate R&D of the BHEL will invest Rs 800 crore in research and development (R&D) during fiscal 2009-10, up from Rs 650 crore ...
RESTRUCTURING:
‘More time needed for corporate debt recast package implementation’
Coimbatore, April 7 Industry insiders feel that in view of the global meltdown and the staggered effect on the Indian economy, the one-time measure of Special Regulatory Treatment in relation to standard accounts should be extended for the ...
RESTRUCTURING:
Steel unit transfer will leave GKW with little to do
Kolkata, April 7 Transfer of the Mr K K Bangur group controlled GKW’s high-speed steel manufacturing unit to Graphite India through a proposed scheme of arrangement will leave GKW with insignificant manufacturing ...
OUTLOOK:
Mahindra developing 0.5-tonne cargo vehicle
Mumbai, April 7 Mahindra & Mahindra is believed to be working on a 0.5 tonne four-wheeler, which is expected to create a new niche in the goods carrier ...
TAXATION:
Fortis faces tax issues at Mumbai hospital
Mumbai, April 7 Even as Fortis Healthcare makes no bones about its intentions to acquire Wockhardt Hospitals, it seems to be facing property tax-related trouble at its first hospital in Mumbai — the Hiranandani Fortis hospital at ...
INSIGHT:
Opportunity-risk imbalance: Implications for Corporate India
Business is a fine balance between opportunity and risk. In an ideal world the entrepreneur identifies a new opportunity, a product, a process or a service that would increase user satisfaction. Successful businesses identify opportunities ...
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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