CORPORATE
CORPORATE DISPUTES
`Motorola, ZTE disqualified on technical grounds'
They don't have enough experience in deploying 3G networks: BSNL
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NEW BUSINESS
BHEL bags Rs 950-cr order in M.P.
Bharat Heavy Electricals Ltd (BHEL) has bagged a Rs 950-crore order to set up a 99-MW captive power plant for Bharat Oman Refinery Ltd (BORL) in Madhya Pradesh. The project, which would be executed on a turnkey basis, is the ...
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RESTRUCTURING
Sujana Metal shines on revamp, plans merger of unlisted entity
De-merger to reflect 1:1 capital division with Sujana Towers
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MERGERS & ACQUISITIONS
IFC picks up stake in Suguna Poultry for $11 m
Looking at medium-sized high growth companies
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RCF carrying out due diligence at Madras Fertilizers
Efforts to revive Madras Fertilizers Ltd (MFL) continue with the option to merge it with a cooperative or public sector fertiliser unit under study. According to information provided by the company to the stock exchange, Rashtriya Chemicals and ...
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NEW PROJECTS
MSPL Gases installs new plant
MSPL Gases Ltd on Wednesday installed 50 tonnes per day "Air Separation Plant" on build-own-operate (BOO) basis for Visvesaraya Iron and Steel Plant (VISP) at Bhdaravati. VISP is a Steel Authority of India Ltd's unit. MSPL Gases, part of Baldota ...
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OVERSEAS INVESTMENTS
Jaipuria to invest in Nepal, Lanka realty projects
Jaipuria Sunrise, the real estate arm of RJ Corp, said that it would invest about Rs 350 crore to develop residential complexes in Sri Lanka and Nepal in the next 2-3 years, on the sidelines of an announcement about its tie-up with the Walt ...
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ALLIANCES & JOINT VENTURES
BHEL, Russian co to jointly upgrade UP power station
Tie-up involves supply of parts, components
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GAIL, HPCL plan to float joint ventures
For city gas projects in Gujarat, Rajasthan
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Pact to create co for AP rly project
Rail Vikas Nigam Ltd, Government of Andhra Pradesh, Krishnapatnam Port Company and National Mineral Development Corporation plan to enter into an agreement to create a company for implementing Rs 588 crore Obulavaripalle-Krishnapatnam railway ...
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DIVERSIFICATION
Beta Group to expand, diversify biz
Plans more factories; in talks for setting up desalination plants
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OUTLOOK
Cairn IPO may raise $2 b
Parent company to divest 30.5 per cent equity stake
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ONGC's Jharia project running behind schedule
Delay in awarding of contracts
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Ford to stay away from entering small car market
`Priority would be to utilise full capacity of the plant'
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GSPC plans LNG terminal in Gujarat
Gujarat State Petroleum Corporation (GSPC) plans to set up a five-million-tonne liquefied natural gas (LNG) import terminal in Gujarat by 2010-11, Mr D. J. Pandian, Managing Director, GSPC said. While declining to give the investment figures, ...
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PEOPLE
Subir Raha elected AIMA President
Mr Subir Raha has been elected President of the All India Management Association (AIMA) for the 2006-07 term. He takes over from Mr Sudhir Jalan. Mr Kewal Handa, Managing Director, Pfizer Ltd, and Mr Srinivasan K. Swamy, Chief ...
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