The Hindu Business Line : Friday, February 04, 2005

Sona Koyo to make steering columns for commercial vehicles — Tech transfer from Fuji Autotech Sweden on cards
LEADING auto components manufacturer Sona Koyo Steering Systems Ltd has decided to diversify into manufacturing components for the commercial vehicles segment and as a first step has zeroed in on making steering columns for commercial vehicles. ... More

ONGC projects in East Godavari dist. get NOC
THE development projects of the Oil and Natural Gas Corporation (ONGC) in East Godavari district, G1 and GS-15, have got the `No Objection Certificate', from the District Collector, Dr Jawahar Reddy, following a public hearing. The ONGC team ... More

Audi to open dealer facility in Bangalore
THE German luxury carmaker Audi is planning to open a dealer facility in Bangalore soon. The city would be the first centre to market the luxury car in the southern region. Audi would also be opening dealerships in Mumbai and Delhi, which ... More

NTPC may expand generation capacity at Farakka plant
National Thermal Power Corporation (NTPC) is considering afresh plans to expand the generation capacity of its Farakka super thermal power plant from 1,600 MW to 2,100 MW. Indicating this, an NTPC source said that Farakka's expansion was ... More

CORPORATE DISPUTES

BPL case: CLB dismisses Nambiar's plea for want of jurisdiction
IN a setback of sorts to Mr T. P. G. Nambiar (the patriarch of the BPL Group) and others, the Company Law Board (CLB) on Thursday dismissed the petition filed by them against BPL Communications Ltd, Mr Rajeev Chandrashekar and others for want of ... More

HUMAN RESOURCES

REMI to train power sector representatives

NEW PROJECTS

Pioneer Embroideries to invest Rs 5 cr in 100 pc arm Hakoba
PIONEER Embroideries Ltd has informed the Bombay Stock Exchange that the company's board, at its meeting on January 29, has decided to invest Rs 5 crore in its wholly-owned subsidiary, Hakoba Lifestyle Ltd. The board also decided to finalise ... More

Frito-Lay's new Bengal plant goes on stream
FRITO-LAY India, an associate company of the $27-billion Pepsico Group, has begun making snack foods from its newly built plant at the Sankrail Food Park in Howrah district of West Bengal. The Rs 80-crore plant with two lines — Lays and ... More

Bombay Dyeing to set up Rs 350-cr polyester unit
BOMBAY Dyeing and Manufacturing Company Ltd has decided to set up a polyester staple fibre unit at its Patalganga facility at an investment of Rs 350 crore. According to sources, the company plans to fund the expansion through internal ... More

TRADE & LABOUR UNIONS

Strike delays Mangalam Timber revival
THE revival process of the Orissa-based Mangalam Timber Products Ltd, which is hoping to wipe out its accumulated losses in the next two-three years, has been hampered by a strike called by workers. According to Mr G.S. Gupta, Managing ... More

SOCIETY & DEVELOPMENT

Guiding corporate angels
Here's an organisation that helps corporates chart their philanthropic strategies. More

OUTLOOK

Mico hopes to sell 40,000 diesel systems next year
MICO-BOSCH has drawn up a game plan for its common rail diesel systems where the first year sales are expected to be 40,000 and the payback period expected to be between five and six years. According to industry sources, once Mico starts ... More

ABB set to achieve $1-b earnings soon
ABB India, which has been playing a significant role in ABB's global business, is to join the select band of companies to hit the $1-billion earnings soon. This is expected to become a reality soon, said Mr Dinesh Paliwal, Chairman, ABB ... More

Dr Reddy's releases sustainability report
DR Reddy's Laboratories Ltd announced here on Wednesday that it hasreleased its first `Sustainability Report' for the financial year 2003-04, which details the economic, environmental and social dimension of the company. In a press release, ... More

PERFORMANCE

Simplex Concrete eyeing BOT projects
SIMPLEX Concrete Piles (India) Ltd, one of the largest infrastructure solution providers, is now looking at BOT (build, operate and transfer) projects. Already, it has bid for a few such projects, including those on offer from the National ... More

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Accenture doubles manpower in India

BPL case: CLB dismisses Nambiar's plea for want of jurisdiction

Pepper prices turn cold as sellers press panic button

Centre may take Rs 26,000-cr hit on finance panel proposals

GSPC goes all out to strike gas in third KG well

Govt sees Rs 9 lakh cr investments in power sector by 2012

Paint cos may pass on input cost hikes to consumers

In Focus

BHEL Disinvestment