CORPORATE
ANNOUNCEMENTS
Maxfair Drugs to set up R&D centre at Nasik
MAXFAIR Drugs and Cosmetics Private Ltd, a Nasik-based ayurvedic formulations company, has set a target of Rs 20 crore for the current fiscal. Of which, the company expects Rs 3 crore to come from the southern region. Launching the company's ...
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NEW PROJECTS
Nicholas Piramal to invest Rs 200 cr in R&D, expansion
WITH alliances and exports being focus areas on Nicholas Piramal India Ltd's radar - the company is set to pump in Rs 200 crore to beef up its research and development (R&D) capability, besides strengthening its manufacturing facilities. ...
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ALLIANCES & JOINT VENTURES
Revathi Equipment signs PPA with Rajasthan SEB — To set up windmill project
THE Coimbatore-based Revathi Equipment Ltd has invested in a windmill project in Rajasthan and entered into a long-term power purchase agreement (PPA) with the Rajasthan State Electricity Board for the sale of wind energy. The wind energy ...
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INTERVIEW
`We want to be biggest in fragrances too'
INTERNATIONAL Flavours and Fragrances India Ltd is a part of International Flavours and Fragrances (IFF), a global leader with a $1.9 billion business in flavours and fragrances. The company's Managing Director and Vice-President India Region, ...
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OUTLOOK
SAIL may have to relocate stockyards at Bhubaneswar
IN FEBRUARY this year, East Coast Railway had clamped restriction on placing rakes at the SAIL's stockyard atBhubaneswar. However, the ban has since been lifted and the movement has resumed again. But, then, as informed ...
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PERFORMANCE
IMFA Group's ferro chrome production higher
THE IMFA Group, the country's largest producer of ferro alloys, produced a record 102,539 tonnes of ferro chrome in 2003-04. This was more than the 100,368 tonnes of ferro chrome produced by the group in 2002-03. Of the total amount of ferro ...
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PEOPLE
Zacks India chief set to head ICRA's BPO unit
MR Joydeep Bhattacharya, in charge of the Indian operations of Zacks, the US-based securities research house, is set to join ICRA as the head of its new BPO unit. The rating agency proposes to offer BPO services in a big way, starting first ...
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New ED for BHEL (Hyderabad)
HYDERABAD: Mr Bollepalli Ramachandra Rao has been appointed Executive Director of Bharat Heavy Electricals Ltd (BHEL - Hyderabad). He succeeds Mr A.N. Jagadeeswaran. Mr Rao, who joined the unit in 1968 as a junior engineer, worked in ...
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New Group GM for HMT unit
HYDERABAD: Mr A.H. Rao has assumed charge as the Group General Manager of HMT Machine Tools Ltd (Hyderabad). Mr Rao worked in different capacities at HMT units in Delhi, Bangalore and Hyderabad. Prior to his new assignment, Mr Rao was ...
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