CORPORATE
ANNOUNCEMENTS
IOC non-fuel retail initiatives gather pace
Seeks to leverage Indane dealership
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Israeli firm Palram Ind enters India
Israeli company Palram Industries Ltd, a manufacturer of polycarbonate, PVC and acrylic sheets, has announced its entry into India with its range of products. The company has appointed Suparna Polycab as its maiden distributor in the country, ...
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Wockhardt to bring in anti-wrinkle products
Wockhardt Ltd is set to bring anti-wrinkle products into the domestic market through its in-licensing deal with Milan-based Syrio Pharma SPA to market its B-Lift range of dermatology products. The B-Lift range of products are based on a ...
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Bhagyanagar buys 50 acres in SEZ
Bhagyanagar India Ltd has informed the BSE that the company has acquired a 50-acre land in a multi-product special economic zone (SEZ) near Chennai, which has received an in-principle approval from the Government. ...
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Tata Ace launched in Nepal
Tata Motors has launched the Tata Ace in Nepal. It is the second international market after Sri Lanka, where Tata Motors has introduced this vehicle. Since its launch, the Tata Ace has sold close to 96,000 units in India and Sri Lanka. The ...
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NEW BUSINESS
Kale bags Swedish order
Kale Consultants has bagged a deal from Sweden-based SAS Cargo to implement its CSP-AMBER cargo revenue accounting solution. The solution enables cargo airlines to reduce costs, increase cash flow, maintain tighter financial control, enhance ...
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INFORMATION TECHNOLOGY
Godfrey Phillips picks Oracle, TCS
Tobacco major Godfrey Phillips India has automated and integrated its internal business processes with Oracle BPEL Process Manager to improve employee efficiency and productivity and Oracle E-Business Suite 11i to streamline ...
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CONSUMER FINANCE
Santro finance scheme extended
Hyundai Motors India Ltd on Monday said that it would extend its financing scheme for all Santro models till the end of this month. The company had earlier announced that it would offer interest rates at 8.99 per cent per annum for a loan amount ...
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MERGERS & ACQUISITIONS
Matsushita buys 80% stake in Anchor Electricals
Rs 2,000-crore deal is the largest overseas buyout for Japan co
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PFC transfers Mundra project SPV to Tata Power
Gets performance bank guarantee of Rs 300 cr
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Louis Vuitton picking up 20% stake in Hidesign
Officials visiting Indian co to conduct an audit
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NEW PROJECTS
Public hearing on Jindal project in Vizianagaram likely in June
APMDC to undertake bauxite mining from Araku
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OVERSEAS INVESTMENTS
Caribbean: A place in the sun for Indian business
Indian companies have, over the last decade or so, invested $3 billion in the Caribbean region, and Trinidad and Tobago, in particular. The region, rich in natural gas and oil, as well as in mineral reserves, apart from its focus on sugarcane and eth anol, has immense opportunities for Indian business.
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TRADE & LABOUR UNIONS
HM trade unions seek Buddhadeb's intervention
To break the impasse at Uttarapara factory
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ALLIANCES & JOINT VENTURES
Aditya Auto plans joint venture with US co
Will set up joint venture to produce auto parts for Asian market
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PEOPLE
V&S Broadcasting's new COO
V&S Broadcasting, a subsidiary of UTV Broadcasting Ltd, on Monday announced the appointment of Mr Dilshad Master as Chief Operating Officer, for three of its channels to be launched under the variety and specialty genre. These .
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Star India gets new COO
Mr Shankar is currently CEO of Media Content and Communications Services, a 74-26 joint venture between the Ananda Bazar Patrika Group and the Star Group, which runs Star News and the Bengali Star Ananda and is to soon launch a Marathi channel. ...
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Promotions at BHEL units
Mr G.V. Rami Reddy, Group General Manager, BHEL Ramachandrapuram Unit, has been elevated to the post of Executive Director. The Unit, which posted an all-time high turnover of Rs 2,860 crore during 2006-07, has targeted a ...
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