CORPORATE
OVERSEAS BORROWINGS
NTPC to raise $500 m from US market
Shrugs off funding concerns for future projects
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MERGERS & ACQUISITIONS
`Tata Steel must soon top CSN counter bid for Corus'
`Rival may wrap up debt finance plan on Monday'
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Ratan Tata came to know of it at The Times, London
Ratan Tata in the newspaper's office at the time of counter offer for Corus
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NEW PROJECTS
Volkswagen to set up facility in Maharashtra
Rs 1,350-cr manufacturing unit to come up near Pune
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TCL to unveil investment plans next week
Company team accompanying Chinese president to India
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Jindal Steel facing water hurdle in Bengal
The plant requires 30 million gallons in the initial stages
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Haworth research base in Pune
To add more product lines
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Hightemp Furnaces opens new unit
Bangalore-based Hightemp Furnaces Ltd has set up a manufacturing facility measuring over 30,000 sq. ft. in Nelamangala near Bangalore. The new facility will augment the company's furnace manufacturing capability to meet its ...
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ALLIANCES & JOINT VENTURES
Renault-M&M: The rational romance
The Renault-M&M JV will turn out to be a very workable and advantageous alliance for both the partners. While Renault will be able to keep its procurement and manufacturing costs low, M&M can tap the technological leadership that Renault has n, prototyping and manufacturing processes.
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BONUS ANNOUNCEMENTS
ONGC allots 1:2 bonus
ONGC has allotted bonus shares in the ratio 1:2 to its shareholders. In a statement issued here, the company said: "with the issuance of 71,29,57,510 shares as bonus shares, the number of shares has gone up to 213.89 crore. The ...
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OUTLOOK
Panoramic Universal to focus on budget hotels
To acquire 20 properties over the next 3 years at a total investment of Rs 1,000 crore.
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Uma Precision to expand presence in US, Australia
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