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Saturday, February 06, 2010
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ALLIANCES & JOINT VENTURES: GE-Hitachi eyes Gujarat site for n-plant
GE-Hitachi Nuclear is keen on a site on the west coast for building its ...

NEW PROJECTS: Ford India's new engine plant inaugurated
Company ready to enter small car race with Figo. Ford today formally inaugurated its facility at its Chennai plant that is meant to be turned into ‘Ford's global low displacement engines' hub. The facility will produce both petrol and ...

AWARDS & HONOURS: Award for Answara Offset
The Kochi-based Anaswara Offset Printers has bagged the National Awards for Printing Excellence by winning 17 awards in various categories. The company was also declared as the highest award winner in the medium-size printer category. As at ...

RESTRUCTURING: Dalmia Cement to finalise revamp plan by March-end
Dalmia Cement expects to finalise a restructuring plan during the current quarter to emerge a pure play ...

ANNOUNCEMENTS: Tanishq aspires to make diamond affordable with low-cost jewellery
Jewellery retailer Tanishq is looking to make diamonds an affordable affair. It is launching a diamond jewellery collection priced at Rs 999-1,500, targeting primarily ...

HUMAN RESOURCES: Higher wages for Brahmaputra Valley tea workers
Nearly eight lakh daily workers – half of them permanent and the other half casual – employed in more than 800 organised tea gardens in the Brahmaputra Valley in Assam will get higher wages from ...

OUTLOOK: Mazars India keen to expand presence
Mazars India, a member of the Mazars Worldwide that specialises in audit, tax and advisory services, has decided to expand its geographical presence ...

MERGERS & ACQUISITIONS: Eveready to expand FMCG business
Eveready Industries India Ltd, the FMCG company of the B.M. Khaitan Group, has planked its growth strategy on outsourcing ...

NEW PROJECTS: Spicer India plans new gear plant
Spicer India Ltd, a joint venture company of Dana Holding Corporation, US, and Anand Automotive Systems, is setting up a plant to manufacture hypoid gears and a testing centre at its facility at Chakan near Pune. The greenfield plant, which ...

OUTLOOK: Toshniwal to cater to telecom sector
Testing and measurement solutions provider Toshniwal Enterprises Controls Pvt Ltd is poised to cater to the country's growing telecom sector by offering sophisticated high-capacity equipment ensuring accuracy, according to a company release. ...

REGULATORY BODIES & RULINGS: Dishman Pharma unit gets US nod
Contract and research manufacturing (CRM) major Dishman Pharmaceuticals Ltd has received the approval of the US Food and Drug Administration (USFDA) for manufacturing Active Pharmaceutical Ingredients (API) at the Naroda (Ahmedabad) plant, ...

CORPORATE DISPUTES: RIL asks NTPC to place gas deal papers before Court
Reliance Industries has asked NTPC to place documents relating to the gas supply negotiations between the two companies before the Bombay High Court, in the case between the two companies concerning ...

VENTURE CAPITAL: Ybrant may go for fresh PE funding
Ybrant Digital, a digital marketing solutions company, may go for a fresh round of private equity investment before reviving its plan to go public. “We had filed for the listing a few years but called off the idea keeping in view ...

OUTLOOK: Amway aims for Rs 2,500 cr turnover by 2012
Amway India is targeting a turnover of Rs 2,500 crore by 2012 and an annual growth rate of 25 per cent for the next two years.The direct-selling firm posted a turnover of Rs 1,407 crore for 2009, a 25 per cent growth over last fiscal's Rs ...

NEW PROJECTS: ArcelorMittal's Bellary plant: Karnataka notifies 4,800 acres for acquisition
The Karnataka Government has issued a preliminary notification to acquire 4,800 acres in Kuduthini in Bellary district for the six million tonne steel plant of ArcelorMittal group, proposed at an investment of Rs ...

Columnists: C Gopinath Harish Bijoor Ramanujam Sridhar Radhika Chada K Srikrishna

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Markets (Feb 5)
Nifty (close)4,718.65(-126.7)
US Dollar (Buy/Sell)46.73/74
Brent crude (a bbl) Rs3,283
Gold (a gram) Rs1,510
Silver (a kg) Rs24,960

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