CORPORATE
RESEARCH & DEVELOPMENT
AVRA Lab to invest Rs 20 cr in new facilities
To set up Active Pharmaceutical Ingredients unit in Vizag
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ANNOUNCEMENTS
GE Shipping arm to buy 2 vessels
Greatship (India) Ltd, a wholly-owned subsidiary of GE Shipping, has signed a contract for buying two new-building anchor handling tug-cum supply vessels. The 80-tonne vessels, which have been ordered with Colombo Dockyard Ltd, are scheduled to ...
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DIVIDEND ANNOUNCEMENT
OIL to pay 80 pc final dividend
Oil India Ltd, which finalised its annual accounts for 2005-06, said on Monday that the company decided to pay a final dividend of 80 per cent, making the total dividend for 2005-06 to 265 per cent against the total dividend of ...
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NEW BUSINESS
GMR consortium achieves financial closure for road project in AP
The Jadcharla-Farukhnagar road project in Andhra Pradesh, awarded to the GMR consortium comprising GMR Infrastructure Ltd and GMR Energy Ltd, achieved financial closure on Friday. The capital cost of the project, totalling Rs 471 crore, was ...
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Punj Lloyd bags Rs 1,348-cr order from Libyan co
Engineering and construction company Punj Lloyd Ltd (PLL) has bagged an order worth over Rs 1,348 crore ($ 290 million) from Libya's Sirte Oil Company for pipeline projects. The order, the single largest ever contract bid won by PLL, is to be ...
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INSIGHT
PERSPECTIVE
Rationale of management
The 20th century triggered some of the most significant innovations, the kind of which the world had not seen before. Antibiotics and vaccines have more than doubled the human life span. Automobiles and airplanes have redefined the concept of ...
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COURTS/LEGAL ISSUES
Govt set for face-off with Sterlite on Balco stake sale
Law Minister sees the issue headed for arbitration
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Lodha case: Counsel seeks search, seizure of documents
In the case against Mr R.S. Lodha, counsel for Mr R.P. Pansari resumed his argument on Monday before the Chief Judicial Magistrate, Alipur, seeking a search and seizure order of certain documents, connected with the alleged Will of Priyamvada ...
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HUMAN RESOURCES
`HR should be at the core of companies'
CII may tie up with B-schools for certified courses in HR
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RESTRUCTURING
Deutsche Bank, ADM Capital, WL Ross offer funds to SPIC
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MERGERS & ACQUISITIONS
Jindal Stainless scouting for buys in Asia, Europe
Greenfield Orissa unit to go on stream by 2008
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Spentex raises Rs 46.6 cr; buys Uzbek company
Spentex Industries Ltd said on Monday it has raised Rs 46.59 crore through the issue of 7.5 million shares at Rs 62.13 per share to qualified institutional buyers. The money would be used for expansion and acquisitions, the textile company said ...
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Acquisition rumours set Asian Electronics rolling
Stock shoots up by 78 per cent month-on-month
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Karnataka HC approves UB amalgamation
The Karnataka High Court has sanctioned the composite scheme of arrangement of amalgamation of Mangalore Breweries & Distilleries Ltd with United Breweries Ltd. In a BSE notification today, UB Ltd said the company would allot 42,180 equity shares
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NEW PROJECTS
M&M expands overseas business
Mahindra & Mahindra (M&M) has entered into a contract with the Government of Gambia to supply tractors along with matching implements. To offer sales and after sales service, the company is going to set up a satellite plant that will assembl
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GM plans foray into used car biz
Loyalty package for customers for exchanging co's models
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OVERSEAS INVESTMENTS
OVL announces gas resources in Myanmar
ONGC Videsh Ltd (OVL), along with other consortium partners of blocks A-1 and A-3 in Myanmar Offshore, have announced the original gas in-place and contingent gas resources (recoverable reserves) of the Shwe, Shwe Phyu and Mya fields based on an ...
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ALLIANCES & JOINT VENTURES
Dilip Chhabria Design ties up with ETA's Eximstar
New co DCStar to customise cars to suit customers' needs
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Radico forms 50:50 jt venture with Diageo
International liquor major Diageo and Radico Khaitan Ltd on Monday announced that the two companies have reached an agreement to form a 50:50 joint venture to exploit the large and developing Indian made foreign liquor segment. This is subject ...
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SOCIETY & DEVELOPMENT
AIDS: Wockhardt initiative rustles up care-givers, students
To fill up gap in capacity-building, training among technical staff
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SICK UNITS
Kerala to offer funds for revival of sick PSUs
Meeting bank officials, CEOs on Aug 30 to work out modalities
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OUTLOOK
Sugal & Damani bids for UK National Lottery
Eyes opportunities in Africa, Asia
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CEBBCO eyeing joint ventures with global cos
To export 150 trailers a month to Thailand; plans investment in additional facility at Jamshedpur
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Malaysian automaker Naza eyeing India
Cut on excise duty on small cars has boosted the segment
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CEAT to exploit 3-wheeler segment
CEAT Ltd, the automobile tyre manufacturer of the RPG group, plans to exploit the growth in three-wheeler vehicles to increase its presence in this segment. According to Rajiv Kumar Jain, General Manager - Marketing, CEAT caters to the ...
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