Business Daily from THE HINDU group of publications
Saturday, August 30, 2008
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REGULATORY BODIES & RULINGS: Regulators get leeway on number of independent directors
Cos Bill sets minimum limit at 33%. New Delhi, Aug. 29 Regulators such as SEBI and RBI can continue to prescribe the limit for independent director requirement of companies. ...
NEW PROJECTS: Work at Tatas’ Singur plant hits a roadblock
Company asks employees to keep away from work. Kolkata/Pune, Aug 29 Work at the Tata Motors’ small car project at Singur, about 35 km from Kolkata, came to a standstill on Fridaywith the company deciding not to send any of its ...
DIVERSIFICATION: PSL diversifying into SEZ development
Gets approval for energy SEZ in Pipavav, Gujarat. Mumbai, Aug. 29 Steel-pipe maker PSL Ltd is all set to diversify into development of Special Economic Zones (SEZ), with the company getting the stage-1 approval from the Centre to set up an ...
NEW PROJECTS: Industry captains back Tatas
Kolkata/New Delhi/Chennai, Aug 29 Industry leaders are rallying behind Tata Motors calling for an early end to the impasse at its Singur project site in West Bengal, where the company plans to produce its low-cost small car Nano. ...
NEW PRODUCTS & SERVICES: SCI to deploy new box ships in India-Europe sector
New Delhi, Aug. 29 Shipping Corporation of India has decided to deploy its new container vessels in the India-Europe sector. ...
OUTLOOK: IOC, Oil India looking for partners to bid for assets in Australia
Kolkata, Aug. 29 Indian Oil and Oil India Ltd combine is looking for partners to participate in the next bidding round for oil and gas exploratory assets in Australia. ...
NEW PROJECTS: Minda setting up plastic unit
Automotive switches and batteries maker Minda Industries Ltd (MIL) on Friday announced setting up of a manufacturing facility at Bidadi, Bangalore to produce blow moulding parts at an investment of Rs 25 crore. The facility with an annual ...
AWARDS & HONOURS: Lanco Infratech gets PRSI award
Lanco Infratech Ltd has been conferred with the PRSI Golden Jubilee award for the ‘Most impressive public relations initiatives.” The Public Relations Society of India (PRSI), which celebrated its Golden Jubilee at the Mauritius and ...
OUTLOOK: Fiat may delay launch of Linea, Grante Punto
Mumbai, Aug. 29 Fiat’s midsize sedan Linea, scheduled to be launched in September, may come in a month later, according to company sources. ...
L&T betting big on power, railway biz unit
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