CORPORATE
OVERSEAS BORROWINGS
Country Club to raise funds
Country Club India Ltd has informed Bombay Stock Exchange that the board of directors of the company on December 9 approved move to raise $ 70 million by way of FCCBs or other convertible ...
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NEW BUSINESS
L&T wins Rs 5,400-cr Delhi airport modernisation deal
L&T has won the Rs 5,400-crore Delhi airport modernisation contract. The company said that the order, secured against international competitive bidding, involves design and construction of a passenger terminal and a 4.43-km runway, which would be
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AWARDS & HONOURS
Lanco bags PRSI awards
Lanco has announced it has bagged three national awards from Public Relations Society of India (PRSI). These categories include In-house Journal, Corporate Brochure and Corporate TV Commercial. In a statement, Lanco said that the ...
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CNBC award for ICICI's Kamath
Business news channel CNBC-TV18 gave away a slew of awards last week in Mumbai. The India Business Leader Awards, given to businessmen in several categories, recognised Mr K.V. Kamath, MD and CEO, ICICI Bank Ltd, as the ...
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Kinetic Blaze wins Top Gear award
Kinetic Motors's Kinetic Blaze has won the `Best Design Automobile' award for 2006 in two-wheelers by an Indian automotive magazine, Top Gear. The award is the only one for two-wheelers and Kinetic won it amidst six ...
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Ion Exchange bags Water Digest awards
Ion Exchange (India) Ltd is the recipient of several awards at the recently concluded `Water Digest Awards 2006-07' function in Delhi, said to be the country's first ever awards in recognition of outstanding efforts and excellence by individuals, ...
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MANAGEMENT
`Management principles key to raise production'
Principles of management coupled with labour, capital and technology help to raise both production and productivity, according to Mr C. Brindavan, Director, Gunamalai Packaging Industries Pvt Ltd, Virudhunagar. Addressing a Business ...
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HUMAN RESOURCES
Jack of all trades and master of many
The new age HR manager will need to be a multi-hat — trainer, linguist, explorer, historian and anthropologist
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MERGERS & ACQUISITIONS
Tata Steel, CSN battle it out for Corus control
CSN unveils 515 pence bid, tops Tatas' revised price of 500 pence
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Tata Steel shares tumble 6 pc, hit intra-day low of Rs 438
On concerns over price war with CSN for Corus
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UB Group nearing Whyte & Mackay deal
The deal could happen towards the end of January next year
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Swiss Re to foray into health insurance
To buy 26 pc stake of India Value Funds in TTK Healthcare
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NEW PROJECTS
Up in arms
PROTEST RALLIES: Trinamool Congress supporters waving party flags during a protest rally in Kolkata on Monday on the acquisition of farmland at Singur, West Bengal, for the proposed car project of Tata Motors . The city observed three rallies on ...
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REGULATORY BODIES & RULINGS
Aurobindo gets Dutch nod for drug
Aurobindo Pharma Ltd has announced it has received marketing authorisation from Medicines Evaluation Board (MEB), the Netherlands, for Simvastatin 5,10,20,40 and 80 mg tablets. This approval means this is their third formulation ...
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ALLIANCES & JOINT VENTURES
Relisys Medical in pact with German co for stents
Likely to begin human clinical trials by early Jan
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DIVERSIFICATION
Rajesh Exports to enter realty
Rajesh Exports Ltd is set to foray into real estate and infrastructure development. A 100 per cent subsidiary - Bangalore Infrastructure Ltd - has been formed for this purpose. It will develop properties that Rajesh Exports has acquired ...
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BONUS ANNOUNCEMENTS
Gupta Synthetics to issue 2:1 bonus
Gupta Synthetics Ltd is to issue two bonus (free) shares of Rs 10 each for every one share held. July 8, 2007 is the record date for the offer. The bonus issue follows the company's diversification into Nylon Filament Yarn (NFY) ...
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SICK UNITS
Surana board to consider units sale
Surana Strips Ltd has informed the BSE that a meeting of the Board of Directors will be held on December 18 to consider the sale of its closed and loss-making manufacturing units, including land and building, plant and machinery, ...
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OUTLOOK
Pyramid Saimira plans entertainment centres
Pyramid Saimira Theatre Ltd has proposed to start about 40 whole entertainment centres, including multiplexes, malls and single-screen theatres, in Kerala by March 2007. Discussions are on with theatre owners in the State to take theatres on ...
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ONGC's KG basin projects may be delayed
`Company facing a slew of problems'
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Will Nissan revive its alliance with Suzuki?
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Bike makers line up 60 new models for launch next year
`Market will continue to see double-digit growth momentum'
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Midhani upbeat on growth
Rs 160-cr modernisation plan under way
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PERFORMANCE
Fertiliser subsidy dues top Rs 10,000 crore
K.K. Birla cos among those hit; fiscal arrears seen at Rs 12,000 cr
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PEOPLE
Atul Sobti new Ranbaxy COO
Ranbaxy Laboratories Ltd announced that Mr Atul Sobti would be taking up responsibilities as Chief Operating Officer of the company from next year. He will be overseeing global business operations, manufacturing and generic ...
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