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CORPORATE
OUTLOOK:
Maruti to expand presence in diesel segment
New Delhi, May 11 Maruti Suzuki is now looking to be an aggressive player in the diesel segment, a category which is dominated by Tata Motors. After the success of the Swift hatchback and the Dzire sedan in the diesel variant, the company ...
OUTLOOK:
Honda drafts bike strategy to steer clear of Hero Honda
Company to focus on fun biking, move away from basic commuting. Mumbai, May 11 Honda Motorcycle & Scooter India (HMSI), the 100 per cent two-wheeler arm of the Japanese parent, has drafted an aggressive strategy for motorcycles that will ...
OUTLOOK:
Maruti focuses on rural market, plans to double outlets
Mumbai, May 11 Maruti Suzuki plans to double the number of its outlets in rural India from the present 231 to around 450 in the next two years. By this time, the total number across the country will be closer to 1,000, up from the existing ...
IPR:
Lupin settles all patent litigations
Lupin has settled all ongoing patent-related litigation on Lupin’s generic version of Wyeth’s anti-depressant Effexor XR capsules. The settlement allows Lupin to commercially launch generic Effexor, or Venlafaxine extended ...
ALLIANCES & JOINT VENTURES:
EADS sees scope in electronics surveillance segment
Mumbai, May 11 European Aeronautic Defence and Space Co, which has tied up with L&T for defence electronics, is also looking at opportunities in electronics surveillance for paramilitary ...
NEW PROJECTS:
Lincoln Electric’s Chennai plant goes on stream
Chennai, May 11 Lincoln Electric Holdings, Inc., a $2.5-billion company, today began its operations at the welding consumables facility in ...
PREFERENTIAL ALLOTMENTS:
GMR Infra to issue pref shares to IDFC arm
Bangalore, May 11 GMR Infrastructure Ltd will be issuing preferential equity shares to India Development Fund, the private equity arm of IDFC ...
PERFORMANCE:
Eastern Condiments registers 41% growth
Kochi, May 11 Eastern Condiments Pvt Ltd (ECPL), the flagship company of the Eastern Group, has registered a topline growth of 41 per cent at Rs 280 crore in 2008-09 compared with the previous year, Mr Navas Meeran, Vice-Chairman, Eastern ...
OUTLOOK:
Hurdle for Tata Steel
Uncertainty over Teesside unit raises debt concerns. BL Research Bureau Tata Steel has $1.323 billion of debt maturing by end of FY-11. Of this, the company planned to pre-pay close to $450 million from the sale proceeds of the Teesside Cast ...
OUTLOOK:
$50-m loan for Gujarat NRE
Gujarat NRE Minerals Ltd (GNM), the Australian subsidiary of Gujarat NRE Coke Ltd, has secured a $50-million (about Rs 250 crore at the current exchange rate) long-term loan facility from a consortium led by Axis Bank. GNM now has full access ...
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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