CORPORATE
ANNOUNCEMENTS
Ranbaxy launches Storvas in Malaysia
Ranbaxy Laboratories Ltd (RLL) on Wednesday announced that the company's wholly-owned subsidiary, Ranbaxy Malaysia Sdn Bhd. (RMSB), has launched the first generic Atorvastatin under the brand name, `Storvas', in Malaysia. The product will be made ...
More
Stovekraft opens new outlet
Stovekraft Pvt Ltd, part of the Bangalore-based Vardhaman Group of Companies, has expanded its product range and opened a new outlet in Hyderabad. The Gilma range of kitchen products, that include chimneys, hobs, microwave ovens ...
More
OVERSEAS BORROWINGS
Gulf Oil plans $100-m overseas issue
The shareholders of Gulf Oil Corporation Ltd at the annual general meeting on Wednesday have approved the proposal to raise funds of $100 million by issue of global depository receipts (GDR) or American depository receipts (ADR) ...
More
DIVIDEND ANNOUNCEMENT
Nalco net up at Rs 1,562 cr; to pay 50 pc dividend
Achieves record sales of Rs 5,324.16 crore
More
NEW BUSINESS
NCC bags Rs 200-cr orders
Nagarjuna Construction Company Ltd (NCC) has announced that it has secured new orders aggregating Rs 200 crore from various clients. In a press release here on Thursday, the company said these include an order from Central Public ...
More
MANAGEMENT
Meet for budding managers
The Department of Management Studies at the Nesamony Memorial Christian College, Marthandam, in neighbouring Kanya Kumari district, is conducting GLEAMS, a national-level management meet on Saturday. GLEAMS intends to provide an ...
More
CORPORATE BONDS
IOC liquidates Rs 1,450-cr bonds
Indian Oil Corporation Ltd (IndianOil) has liquidated Rs 1,450-crore worth of oil bonds of six years and nine years maturities in the secondary market trade. In a statement issued here, the company said that the liquidation of ...
More
MERGERS & ACQUISITIONS
ICI Paints to create Rs 1,500-cr corpus for acquisition
Plans to rapidly increase market share
More
M&M to acquire 67.9% stake in German co Jeco Holding
Deal worth around Rs 830 cr; Jeco focused on truck, bus, trailer market
More
NEW PROJECTS
MetroCorp, Jurong tie up for township project in Coimbatore
At an estimated investment of Rs 500 cr over 3-4 years
More
Omax Autos plans to set up plant in Uttaranchal
According to sources, the company is seriously considering a proposal to set up a plant in the State, which would primarily cater to Hero Honda's upcoming unit in Uttaranchal. The investment for the project is estimated to be in the vicinity of ...
More
Metro Tyres increases capacity
Metro Tyres has increased production of its Metro-Continental motorcycle tyres from 25,000 units to 50,000 a month. It plans to increase the production to one lakh within 12 months at an investment of Rs 10 crore. The company ...
More
OVERSEAS INVESTMENTS
Sical Logistics buys Bergen Offshore for $96.9 m
`First step towards achieving global presence in offshore logistics'
More
ALLIANCES & JOINT VENTURES
BHEL looking at equity option in power projects
To bid with NTPC for Sasan ultra mega project
More
Shell offers business model on profit-sharing to ONGC
ONGC considering Shell proposal
More
Diagnostic centre in tie-up with Wellspring
Doctors Diagnostic and Research Centre, one of the largest diagnostic networks in the State, has entered into a strategic alliance with Wellspring, a fully owned subsidiary of Nicholas Piramal Ltd, to provide super speciality investigations. ...
More
E-GOVERNANCE
Good response to e-filing by companies
The e-governance project of Ministry of Company Affairs that envisages electronic filing for company transactions, appears to have got off to a good start. Till Tuesday, while about 3.66 lakh e-filings of various forms have been made, 16,761 ...
More
SOCIETY & DEVELOPMENT
Pepsico India to start seaweed cultivation in coastal Gujarat
To set up jelly plant in Gujarat
More
OUTLOOK
Khaitan Electricals aims at Rs 1,000-cr topline by 2009
Targets 60 pc sales from non-fan streams
More
Shetron targets Rs 500-cr turnover
To cash in on packaged food cans sector's potential
More
Hyundai to focus more on domestic market
To launch diesel version of Getz next year
More
PERFORMANCE
HPCL making marginal profit on sale of petrol
`Q2 crude sales subsidies likely to be around Rs 5,100 cr'
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds