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CORPORATE
CORPORATE DISPUTES:
Court directs Reliance to sell gas to RNRL at $2.34
Govt approved price is $4.2; order settles issues of quantum, tenure also. Mumbai, June 15 The Bombay High Court has asked Reliance Industries to supply 28 mmscmd (million metric standard cubic metres per day) of gas from its Krishna-Godavari ...
CORPORATE DISPUTES:
RIL-RNRL dispute: Await more twists in the tale
Chennai, June 15 Did the markets over-react to the Bombay High Court judgment in the Reliance Industries – Reliance Natural Resources (RNRL) case? It does appear so, especially in the case of the 24 per cent mark-up in the stock of ...
HUMAN RESOURCES:
Dr Reddy’s Laboratories to hire 1,300 this year
No cost-cutting measures that might affect employees. Hyderabad, June 15 Pharma major, Dr Reddy’s Laboratories Ltd will hire 1,300 employees in various categories this ...
OUTLOOK:
TVS to ride on new bikes towards double-digit growth
Scooter and three motorcycle models to be launched this fiscal. New Delhi, June 15 TVS Motor Company will introduce a scooter and a motorcycle in the executive segment to achieve a sales growth of 12-14 per cent this ...
NEW PROJECTS:
GAIL to invest Rs 5,558 cr in 2009-10
New Delhi, June 15 GAIL (India) Ltd has plans to invest Rs 5,558 crore in 2009-10. Of this, a major portion will be earmarked for the pipeline projects, the ...
DIVIDEND ANNOUNCEMENT:
Balmer Lawrie dividend
The Board of directors of Balmer Lawrie & Co Ltd has recommended a dividend of 20 per cent to its shareholders for 2008-09. Balmer Lawrie reported 17 per cent growth in net profit from Rs 87 crore to Rs 102 crore last fiscal. Compared to ...
MERGERS & ACQUISITIONS:
Suzlon says it is considering options for its stake in Hansen Transmissions
Sale of part or entire holdings aimed at reducing debt. Chennai, June 15 Suzlon Energy Ltd, a leading wind turbine manufacturer, has said it is evaluating various alternatives regarding its shareholding in Hansen Transmissions, a Belgium-based ...
ALLIANCES & JOINT VENTURES:
Teams up with GSK for drug development
Dr Reddy’s Laboratories Ltd has entered into a partnership with GlaxoSmithKline Plc (GSK) to develop and market select products in generics and differentiated formulations across emerging markets ...
PEOPLE:
SAIL gets new Director of Projects
...
OUTLOOK:
Swine flu cases in India spike to 30
Baxter in talks with Govt to bring in its vaccine. Mumbai, June 15 As companies speed up efforts to get a swine flu vaccine into the market, healthcare company Baxter International Inc expects to have its vaccine available globally by ...
CORPORATE DISPUTES:
RIL-RNRL case: Ministry awaits Court order
New Delhi, June 15 The Petroleum Ministry has said that it is awaiting a copy of the Court order on RIL-RNRL case before it makes any ...
PRIVATE PLACEMENT:
Ansal Properties QIPs to raise Rs 1,500 cr
New Delhi, June 15 After a meeting of the board of directors on Monday, Ansal Properties and Infrastructure Ltd said it plans to raise Rs 1,500 crore by way of qualified institutional placement ...
ALLIANCES & JOINT VENTURES:
Tata Motors, Bank of India tie up
Mumbai, June 15 Bank of India has entered into an understanding with Tata Motors to ensure consumer finance for Fiat cars which are available through the Tata-Fiat dealer ...
OVERSEAS INVESTMENTS:
British company opens facility
Electric Vehicle System, New Castle, Britain, launched its first unit here recently. The inauguration was done by Mr Simon Wilson, British Deputy High Commissioner. EVS is engaged in the manufacture of computerised panel board, electric ...
ANNOUNCEMENTS:
Australia’s nod for Aurobindo drug
Aurobindo Pharma Australia Pty Ltd, a wholly-owned subsidiary of Aurobindo Pharma Ltd, has received approval from Therapeutic Goods Administration (TGA), Government of Australia, for the registration of Amlodipine Besylate tablets. The tablets ...
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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