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Wednesday, January 26, 2011
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PERFORMANCE: HUL takes cut in margins to persist with ad spend
Offered the choice of cutting back on its advertising spends to deal with rising input costs, Hindustan Unilever (HUL) seems to have decided to sacrifice its profit margins instead. The company's net profits for the quarter ended December ...

OUTLOOK: Sesa Goa expects reprieve from iron ore export ban
Apex Court directs Karnataka govt to form new policy; hearing coming up in February. Sesa Goa expects the impasse over ban on iron ore exports from Karnataka to end in the first half ...

OUTLOOK: Tatas hope to sell 2.75 lakh two-tonners this fiscal
Launch ‘Venture' multipurpose vehicle in Maharashtra. Tata Motors said on Tuesday it expects to sell around 2.75 lakh units of light commercial vehicles in the two-tonne category ...

OVERSEAS INVESTMENTS: Adani Enterprises to build rail, port project in Indonesia
Signs pact for 250-km rail link at a cost of $1.65 billion. Adani Enterprises will build a 250 km rail link and port infrastructure in Indonesia at an estimated cost of $1.65 billion. The link will be used to transport coal from a coal mining ...

ALLIANCES & JOINT VENTURES: JB Chem promoters partner for Rs 1,160-cr pharma SEZ
A Rs 1,160-crore pharma Special Economic Zone (SEZ), jointly partnered by the JB Mody family, (promoters of drug-maker JB Chemicals), is being set up at ...

NEW PROJECTS: Saint-Gobain plans Rs 400-cr plant for solar PV modules' glass base
Saint-Gobain Glass India plans to invest Rs 400 crore to set up a facility to manufacture base glass for solar photo voltaic modules. At present, the company imports glass from its parent company's plants located overseas to cater to the ...

NEW PROJECTS: Dubai co Trimex plans titanium plants in India
Trimex Sands Pvt Ltd, part of the Dubai-based Trimex Group, proposes to set up titanium plants in India and Indonesia over the next ...

NEW PROJECTS: Bharat Fritz Werner to invest Rs 350 cr on expansion
Machine tools company Bharat Fritz Werner (BFW), will invest Rs 350 crore over a period of five years to expand its operations which includes setting up a new plant and restructuring its ...

ALLIANCES & JOINT VENTURES: Apollo ties up with Eisai, HelpAge India
In a public-private partnership, Apollo Hospitals has signed an agreement with Eisai Pharmaceuticals, Japan, and HelpAge India to provide better access to medicines to the underprivileged elderly patients suffering from dementia ...

NEW BUSINESS: GVK Power bags 2 airport projects in Indonesia
In its first overseas foray into airport development, GVK Power and Infrastructure Ltd (GVKPIL) will be developing two greenfield international airports ...

ALLIANCES & JOINT VENTURES: L&T, Kobe Steel tie-up eyes rubber sector
Larsen & Toubro and Kobe Steel of Japan have entered into a joint venture to make internal mixers and twin screw roller-head extruders for the tyre and rubber industry both here ...

RESTRUCTURING: L&T keen on listing arms first
All requisite approvals are in place for the listing of L&T Finance and “we are waiting for the right opportunity,” said Mr J.P. Nayak, President and Board Member, Larsen & Toubro, at a press meet here and asked when ...

OVERSEAS INVESTMENTS: SAIL to explore mineral deposits in Indonesia
Steel Authority of India Ltd (SAIL) has signed an agreement with the Indonesian government for development of mineral deposits and setting up of a ...

NEW BUSINESS: SEW Infra arm wins road project in Indonesia
SEW Infrastructure Ltd, through its overseas subsidiary, signed an MoU with Surya Kapenjen, a company based in Indonesia, on Tuesday for development of a ...

COURTS/LEGAL ISSUES: Stay on Sterlite unit closure extended to Feb 25
The Supreme Court on Monday extended to February 25 the interim stay granted by it on the closure of the Vedanta Resources Group's Sterlite Industries' copper smelter at Tuticorin in ...

ECONOMIC OFFENCES: Minister seeks CBI probe into Emaar Properties
The Andhra Pradesh Minister for Handlooms and Textiles, Dr P. Shanker Rao, said that a thorough probe into various issues relating to Emaar Properties, change of its equity structure and involvement and misuse of power by Mr Y.S. Jagan ...

COURTS/LEGAL ISSUES: Kraft suit: High Court gives Britannia one month to reply
The Delhi High Court on Tuesday asked Britannia Industries Ltd to reply within a month on a petition filed by the US-based Kraft Food Global Brands LLC, alleging copyright and trademark violations regarding its Oreo cookies. The court has ...


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




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In Focus
Ban on iron ore exports

Who is hiring?

More

Other Top Stories
Sesa Goa expects reprieve from iron ore export ban

India, Indonesia sign 16 business pacts worth $15.1 b

Telephone user base reaches 764 million

Refiners process 8.3% more crude oil in Dec

Spices exports up 16% during April-Dec

Idea Cellular's key metrics stabilise in December quarter

Inflation tremors, the key message

Looking back
Jan. 16-Jan. 22
Renault working on global, low-cost car for India

Glenmark suffers setback in patent case against Abbott

Have enough coking coal stock, say steel makers

Essar Energy issues $675-m bonds

Private equity investments double to $8 b in 2010

Ministry order more about jurisdiction than environment: Lavasa

Ray of hope for Lavasa's stakeholders

John Deere to set up second tractor facility in India

‘Rural prosperity will provide another market for growth'

Refining, petrochem drive RIL results

ITC reports 21.4% growth in Q3 profits




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