Business Daily from THE HINDU group of publications
Sunday, May 03, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Sunday, May 03, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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AUDITING: Satyam scam: SFIO finds auditors guilty Terms independent directors as ‘mute spectators’. New Delhi, May 2 The Serious Fraud Investigation Office (SFIO) in its report to the Ministry for Corporate Affairs (MCA) has indicated that the auditors were guilty of falsification ... BUYBACK: DLF wraps up buyback ahead of schedule Mumbai, May 2 Real estate major DLF Ltd announced on Saturday the closure of its buyback programme, two months ahead of ... OVERSEAS INVESTMENTS: Bajaj small car eyes the world ‘Mileage, and not price, will be top priority’. It is due to debut in India only in 2011, but the Bajaj Auto-Renault-Nissan ultra-low cost (ULC) car has already set its sights ... HUMAN RESOURCES: Singapore’s strategy: Sops for cos to prevent lay-offs Employees encouraged to upgrade skills during downturn. Recently in Singapore If you can’t keep them, train them. And get an incentive for it. That’s the strategy corporates in Singapore are adopting in the face of increasing ... NEW PROJECTS: Toyota may lower investment for second plant near Bangalore Toyota Kirloskar Motor has said it may incur lower investment at its second plant near Bangalore. This will be due to the fall in raw material prices like steel whose prices were much high when the company chalked its investment plan and ... ANNOUNCEMENTS: Auro Mira Energy in talks for third-party sale Chennai, May 2 The Chennai-based independent power generating company Auro Mira Energy Company Private Ltd is in talks with five companies for ‘third-party sale of power’ generated by its two plants in ... DIVIDEND ANNOUNCEMENT: Making sense of dividends It’s that time of the year when India Inc announces its annual results and rewards its shareholders with dividends. From 100 per cent to 1000 per cent, the rates of dividend do look ... ALLIANCES & JOINT VENTURES: Punj Lloyd in talks with Areva, Westinghouse for N-plant tie-up New Delhi, May 2 Punj Lloyd Ltd is in talks with French nuclear power major Areva NP and US-based Westinghouse Electric for a tie-up to build nuclear power plants in the ... OUTLOOK: GAIL yet to tie up forward linkages for Dabhol-Bangalore line Bangalore, May 2 GAIL India is yet to tie up the forward linkages for gas transmission ... NEW PROJECTS: McNally Sayaji looks to acquire land, expand operations Kolkata, May 2 McNally Sayaji Engineering Co Ltd (MSEL), a 87.33 per cent subsidiary of McNally Bharat Engineering Co Ltd, proposes to expand its operations and is accordingly acquiring additional land in ... PERFORMANCE: Bajaj’s two-wheeler sales slip 26% Mumabi, May 2 Bajaj Auto’s two-wheeler sales slipped 26 per cent to 1.5 lakh units in April against 2.03 lakh units it sold in April ... OVERSEAS INVESTMENTS: ICVL may bid for a coal block in Mozambique Kolkata, May 2 International Coal Ventures Ltd (ICVL) — an SPV created by five PSU majors including Coal India and SAIL — may bid for a coal block in Mozambique this ... STANDARDS & BENCHMARKS: Ranbaxy recalls antibiotic drug in US market New Delhi, May 2 Ranbaxy Pharmaceuticals Inc said that it was voluntarily recalling all the lots of an antibiotic drug — Nitrofurantoin (Monohydrate/Macrocrystals) Capsules — currently available in the US ... PERFORMANCE: Low volumes of Spark hit GM sales New Delhi, May 2 General Motors’ mini car Spark, which steered its growth in India last year, has now hit low volumes. This is despite discounts on the model prevailing at last year’s ... RESEARCH & DEVELOPMENT: Hyundai's weight reduction drive ... MERGERS & ACQUISITIONS: Suzlon pays €30 m for REpower stake Mumbai, May 2 India’s largest wind turbine maker Suzlon Energy Ltd has paid €30 million to Martifer SGPS SA of Portugal on Thursday, as a partial payment for a stake in REpower of Germany, the Portuguese company said in a statement ... 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 |
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