CORPORATE
ANNOUNCEMENTS
Bajaj plans new bike close to entry level segment
BAJAJ Auto, which plans to launch a new bike next month in the executive segment, codenamed Super 100, intends to price it close to the entry-level segment. It is expected to be priced more than Rs 30,000 and below Rs 35,000 ex-showroom. Mr ...
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CORPORATE BONDS
Tata Motors' convertible notes get 'BB' from S&P
STANDARD & Poor's (S&P) on Thursday assigned its `BB' rating to Tata Motors Ltd's $-400 million senior unsecured convertible notes. "Tata Motors' financial profile should remain adequate and consistent with its `BB' rating, following the ...
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MERGERS & ACQUISITIONS
Gujarat Ambuja to look at own territories for acquisitions
GUJARAT Ambuja Cements will be scouring its own territories in the North and West regions of the country for acquisitions. "Our penetration is deep in Gujarat, Maharashtra, Punjab and Rajasthan. These are some of the wealthiest states of ...
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CCL increases stake in Associated Coffee to 74.9 per cent
CCL Products (India) Ltd, formerly Continental Coffee Ltd, has increased its stake in Associated Coffee Merchants (International) Ltd (ACMIL) of UK from 49 per cent to 74.9 per cent. Following this, ACMIL, a holding company engaged in coffee ...
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NEW PROJECTS
Dabur plans third facility in UAE
DABUR is planning to set up a third manufacturing unit in the UAE and a joint venture production facility in Pakistan as part of an aggressive plan to target international markets and double its export turnover in two years. Dabur, which has ...
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BONUS ANNOUNCEMENTS
Gravity shareholders' nod for 2:1 bonus
OUTLOOK
Casio India pegs 20 pc growth
AIDED by increasing sales of digital cameras, Casio India is optimistic about growing in its turnover by 20-25 per cent this year, up from Rs 45 crore last year. ``Though digital cameras currently contribute 15 per cent to our total turnover, ...
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