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CORPORATE
IPR:
Apex court allows TVS to sell ‘Flame’
New Delhi, Sept. 16 In a breather to two-wheeler major TVS Motor Company, the Supreme Court on Wednesday permitted it to manufacture and sell its 125-cc ‘Flame’ model motorcycles that allegedly uses the so-called ...
MERGERS & ACQUISITIONS:
Bharati Shipyard raises stake in Great Offshore to 22.48%
The takeover battle for Great Offshore Ltd intensified further with Bharati Shipyard on Wednesday acquiring another 3 per cent stake, raising its holding in the company to 22.48 ...
CORPORATE DISPUTES:
TVS to take a call on selling twin-spark Flame
Court Receiver to keep track of vehicles sold. Chennai, Sept. 16 TVS Motor Company Ltd has said that it now had the freedom to make and sell the Flame with twin-spark plug technology, but would do it at a time convenient ...
OUTLOOK:
Volkswagen Polo to drive in with petrol and diesel options
Frankfurt, Sept. 16 The Volkswagen Polo, scheduled to be launched in India early next year, will be one of the most awaited small cars in recent times. While there is much speculation about the hatch that VW hopes will it help rake in ...
OUTLOOK:
GE plans wind turbine unit in South India
Yet to decide on location, investment. Hyderabad, Sept. 16 General Electric will be setting up its first wind turbine manufacturing plant in India, as the company’s local arm gears to acquire or partner with domestic firms as well as set ...
OUTLOOK:
Yamaha aims to double exports from India
New Delhi, Sept. 16 India Yamaha Motor Ltd (IYML) announced on Wednesday that it plans to double its exports from India to 140,000 units by 2010. The company also launched its flagship muscle bike VMAX, besides limited editions of the ...
MERGERS & ACQUISITIONS:
Green Infra acquires BP Energy India
...
EXPORTS & IMPORTS:
Exports from HPCL Visakha refinery
The first-ever export of bulk bitumen by HPCL Visakha refinery here was flagged off at the Visakhapatnam port on Wednesday. The refinery exported 4,042 tonnes of 60-70 grade bulk bitumen to Thailand. Mr P.A.B. Raju, Executive Director of ...
NEW PROJECTS:
Harrisons opens unit for orthodox tea in Kerala
Kozhikode, Sept. 16 As part of its modernisation initiatives, Harrisons Malayalam Ltd has opened a new orthodox tea manufacturing facility at its Chundale factory ...
ANNOUNCEMENTS:
Nissan to source parts for $40 m from India by 2012
Mumbai, Sept. 16 Japanese automaker Nissan will source components worth $20 million in 2010 from India for its plants in Thailand, China and Japan. This will double to $40 million ...
ANNOUNCEMENTS:
Elder Pharma denies bogus sales, purchases
Mumbai, Sept. 16 Elder Pharmaceuticals has received and responded to the show-cause notice from the Serious Fraud Investigating Office (SFIO) relating to income-tax and alleged violations of the Companies Act, the company ...
COURTS/LEGAL ISSUES:
NTPC cost savings, ‘a mathematical conjecture’
New Delhi, Sept. 16 Reliance Industries Ltd (RIL) has said that NTPC should be cautious before making any comments on the ongoing case between the two ...
OVERSEAS INVESTMENTS:
BSNL bids for Lanka business of Millicom
New Delhi, Sept 16 Bharat Sanchar Nigam Ltd has put in a bid for the Sri Lankan operations of Luxembourg-based Millicom International Cellular ...
CORPORATE DISPUTES:
ADAG seeks refund of marketing margins on RIL gas sales
New Delhi, Sept. 16 Reliance Infrastructure Ltd, an Anil Dhirubhai Ambani Group (ADAG) company, has asked the Mukesh Ambani-led, Reliance Industries Ltd (RIL) to refund with interest the marketing margins levied by RIL on gas ...
COURTS/LEGAL ISSUES:
RNRL moves apex court to make NTPC a party to case with RIL
New Delhi, Sept. 16 Anil Ambani-group company Reliance Natural Resources Ltd (RNRL) has approached the Supreme Court seeking to make NTPC Ltd a party in its ongoing legal battle with Mukesh Ambani-led Reliance Industries Ltd on gas supplies ...
COURTS/LEGAL ISSUES:
‘Company director can’t be held responsible for bouncing of cheque’
Chennai, Sept. 16 The Madras High Court has held that in a case of cheque bouncing, the accused facing trial for the alleged offence under Section 138 of the Negotiable Instruments Act should be in-charge of and responsible for the ...
OUTLOOK:
WS Ind mulls shift to high-voltage transmission
Chennai, Sept. 16 Chennai-based W.S. Industries (India) Ltd is banking on the shifting trend in favour of high-voltage (800 kV) transmission, where the competition is also less, for more ...
TRADE & LABOUR UNIONS:
Tata Steel signs bonus pact with union
The Tata Steel management and Tata Workers’ Union signed the bonus agreement for 2008-09 in Jamshedpur on Wednesday, benefiting 16,500 workers , according to a company ...
REGULATORY BODIES & RULINGS:
US nod for Orchid’s drug
Chennai, Sept. 16 Orchid Chemicals and Pharmaceuticals Ltd on Wednesday announced that it has received approvals from the US Food and Drug Administration for its anti-infection drug Piperacillin-Tazobactam, in injectible ...
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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