CORPORATE
NEW BUSINESS
BEML bags Rs 42-cr orders
Bharat Earth Movers Ltd (BEML) said it has bagged orders worth Rs 42 crore from Tunisia and Syria for the supply of mining equipment and spares. BEML won the orders in international competitive bids. The Rs 2200-crore defence PSU ...
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IPR
Poly Medicure applies for 8 new patents
Poly Medicure Ltd, manufacturers of medical devices and disposables under the brand, POLYMED, on Wednesday announced its application for 8 new patents and two USFDA (Food and Drug Administration) approvals for its new range of safety syringes and ...
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MERGERS & ACQUISITIONS
UB Group may buy S. African wine cos
Mallya rules out separate fund for global acquisition
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NEW PROJECTS
Arcelor-Mittal project: Orissa forms joint working team
The Orissa Government has constituted a joint working group to facilitate setting up of the proposed 12-million-tonne capacity steel plant by L.N. Mittal-owned Arcelor-Mittal in the State. The working group will be headed by the State Chief ...
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Oushadhi to set up new unit in Kannur
The state-owned Pharmaceutical Corporation (Indian Medicines) Kerala Ltd (Oushadhi) is setting up a modern factory at Pariyaram in Kannur district. The State Government has allocated Rs 50 lakh in this year's budget for the proposed factory, ...
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Dhampur Sugars undertakes expansion
Dhampur Sugar Mills Group is implementing expansion projects with an investment of Rs 863 crore. The first phase involving Rs 530 crore is already under implementation and would be completed before March 31 next year, according to a company ...
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ALLIANCES & JOINT VENTURES
Autoprint ties up with Spanish company
Gearing up to enter market in 12-18 months
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Cryobanks to set up 7 cord blood stem cell units in India
Cryobanks International India Pvt Ltd, a joint venture between the R J Corp and Cryobanks International Inc, will invest about Rs 100 crore in setting up seven cord blood stem cell banks in India in the next 18 months. The company has started ...
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Tata Motors scouts for UK distributor to promote vehicles
Looks at steps to further penetrate European market
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MAPE ties up with ADM Investor
Plans to invest Rs 50 cr for new business
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SOCIETY & DEVELOPMENT
Gujarat Inc told to work towards improving social infrastructure
`Create region-specific committees for export promotion'
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SICK UNITS
Maharashtra Polybutenes poised to change hands
Stock jumps 9 per cent with higher volumes
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OUTLOOK
DaimlerChrysler to launch high-end E-class
Receives orders for 30 units
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Tata Motors to launch new Tatamobile in 2007
Tata Motors has plans to introduce a new Tatamobile in 2007. It will be based on a new platform with CRDi engine technology as a possible option in the pipeline. TheTatamobile is a pick-up vehicle forming part of the light commercial vehicle ...
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PEOPLE
New VP-Marketing for Ford India
Mr Scott McCormack has taken over as the Vice-President - Marketing, Sales and Service at Ford India. He succeeds Mr V. Sivaramakrishnan who resigned from the company in April 2006. According to a Ford India press release, Mr ...
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