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CORPORATE
PERFORMANCE:
ACC profit increases on higher volumes in Q1
Consolidated turnover up 14% at Rs 2,164 cr. Mumbai, April 22 Higher volume and stringent cost control initiatives have enabled cement major ACC Ltd to post increased profits for the first quarter (January-March) ...
PERFORMANCE:
Kalpataru Power fares better even in slowdown
Has orders totalling Rs 2,700 cr with more coming. Mumbai, April 22 In trying times of a slowdown, some companies such as Kalpataru Power Transmission appear to be doing better than merely weathering ...
CORPORATE DISPUTES:
NTPC case: Reliance allowed to amend ‘written statement’
Mumbai, April 22 The Bombay High Court on Wednesday permitted Reliance Industries Ltd to amend the ‘written statement’ in its ongoing suit against ...
OUTLOOK:
MMTC’s new gold refinery to begin operations soon
New Delhi, April 22 State-owned trading outfit MMTC Ltd has said its new gold refinery in Sohna, Haryana will commence operations within nine ...
OUTLOOK:
GSPC uses meltdown to cut development cost of KG field
Company re-negotiating hiring contracts for exploration. Kolkata, April 22 Thanks to the meltdown, GSPC now estimates to limit the development cost of its KG field to a “little lower than $1 ...
ALLIANCES & JOINT VENTURES:
Gas-based IPPs get into production mode
Sign up for Krishna-Godavari gas. Hyderabad, April 22 Independent power producers (IPPs) GVK Power and Infrastructure, GMR Energy and Konaseema have signed up for natural gas linkage from the Krishna-Godavari basin ...
PERFORMANCE:
Ambuja Cements net sales rise
Mumbai, April 22 Ambuja Cements production rose 5.7 per cent to five million tonnes for the first quarter ended March 31, 2009, compared with 4.7 million tonnes logged during the same period the previous ...
OUTLOOK:
Shree Cements plans to invest Rs 1,200 cr
New Delhi, April 22 Shree Cements is setting up a 50 MW waste recovery power project which will help the company save Rs 40 lakhs a day. The company will reap the benefits after it is completely operational in 2010. Under the project, ...
ALLIANCES & JOINT VENTURES:
Trivitron in tie-up with Spanish co
Bangalore, April 22 Trivitron, the largest medical technology provider in India, has announced its alliance with BioSystems, Spain, to manufacture in-vitro diagnostic (IVD) reagents. Through this tie-up, BioSystems will manufacture IVD ...
ALLIANCES & JOINT VENTURES:
Modi Revlon ties up with French firm
New Delhi, April 22 Slowdown in the organised retail business has impacted sales for Modi Revlon even though the mom-and-pop stores are generating good business for the ...
NEW PROJECTS:
Cryolor setting up plant in TN
Chennai, April 22 Cryolor SA, part of euro 12 billion Air Liquide Group of France, is setting up a manufacturing plant at an investment of Rs 45 crore at Acharapakkam, about 70 km south of Chennai to make storage tanks for liquefied ...
AUDITING:
Price Waterhouse appoints advisory board
New Delhi, April 22 Price Waterhouse India has announced the establishment of an advisory board to advise how the organisation can best meet the expectations of its external ...
ALLIANCES & JOINT VENTURES:
CCMB, Bio-Rad Lab tie up
Bio-Rad Laboratories and the Hyderabad-based Centre for Cellular and Molecular Biology have tied up for a proteomics initiative. As part of the tie-up, the Gurgoan-based Bio-Rad India, a 100 per cent subsidiary of Bio-Rad Laboratories, US, will ...
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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