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Friday, January 28, 2011
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DIVERSIFIED: Goenka: Going on 50
On the eve of his 50th birthday, Sanjiv Goenka reminisces on three decades of ‘a great, ongoing learning experience' in business.. As he completes 50 years tomorrow, Sanjiv Goenka, Vice-Chairman of RPG Enterprise, reflects on the past ...

OUTLOOK: Hindujas see big potential in India growth story
Unfazed by perceived ‘governance paralysis', eco norms uncertainties. Unfazed by the perceived ‘governance paralysis', political corruption and uncertainties over environmental regulations, the Hindujas are “very bullish” ...

FINANCIAL PERFORMANCE: Execution pick-up buoys IRB Infra's revenues
Strong execution in its construction segment drove IRB Infrastructure Developers' revenue and earnings for the quarter-ended ...

MERGERS & ACQUISITIONS: Sterlite mulls next move on Balco call option
Responding to the arbitration panel's ruling that struck down Sterlite Industries' call option to acquire the remaining 49 per cent stake in Bharat Aluminium Company (Balco), the Vedanta Group company said: “it is considering the ...

NEW PRODUCTS & SERVICES: M&M launches Xylo CRDe in Kerala
Mahindra & Mahindra Ltd has launched in the Kerala market the Xylo D2 mDI CRDe variant in Diamond White colour. Priced at Rs 6.89 lakh for the BS III variant and Rs 7.01 lakh for the BS IV variant (ex-showroom Kerala), the vehicle also ...

HUMAN RESOURCES: Taj employees' courage becomes a case study for Harvard B-school
26/11 ATTACKS. After being universally applauded for their exemplary courage, Taj Mahal Palace's employees “bravery and resourcefulness” during the November 26, 2008 attacks has now become a subject of case study undertaken by ...

ANNOUNCEMENTS: GM unveils ‘Made-for-India' engine
General Motors today unveiled a new ‘Made-for-India' 1.2-litre petrol engine that was developed by the automaker's Bangalore-based technical centre. The engine will be initially used in the existing small car model – Chevrolet ...

AUDITING: SAT adjourns Price Waterhouse case on Satyam to Feb 10
SEBI's proceedings against Price Waterhouse (PW) in the Satyam fraud case took a new turn with the audit firm appealing to Securities Appellate Tribunal (SAT) against the market regulator's ...

RESTRUCTURING: Cummins India exits exhaust business
Cummins India Ltd will divest its entire holding of 20 lakh shares of Rs 10 each in Cummins Exhaust India Ltd, a 50:50 joint venture between the company and Cummins Filtration ...

OUTLOOK: M&M to roll out compact SUV by June
Mahindra & Mahindra plans to launch a compact sport-utility vehicle on the Xylo platform in the first half of ...

ALLIANCES & JOINT VENTURES: NTPC-NPCIL joint venture incorporated
A joint venture firm between NTPC Ltd and Nuclear Power Corporation of India Ltd has been incorporated on Thursday under ‘Anushakti Vidhyut Nigam Ltd'. The venture is slated to commence operations with the execution of a 700-MWe ...

PEOPLE: CFO exit pulls down Ranbaxy share price by 4%
Ranbaxy Laboratories Ltd said its President and Chief Financial Officer, Mr Omesh Sethi, has resigned with effect from January 25. This is the third high profile executive to exit the pharmaceutical company after Japanese drug firm Daiichi ...

NEW PROJECTS: Nod for revised cost of Tripura power project
The Government has approved the revised cost estimate of a 100-MW gas-based power project being set up in Tripura by North Eastern Electric Power Corporation Ltd (NEEPCO) amounting to Rs 623.44 crore. This includes interest amount of Rs ...

NEW PROJECTS: Lavasa seeks 6 weeks' adjournment
Lavasa Corporation has requested the Mumbai High Court to adjourn its case against the Environment Ministry for six weeks as the company had submitted all documents requested by the Environment Ministry in its final order dated January 17, ...

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

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Markets (Jan 27)
Nifty (at close)5,604.30(-83.10)
US Dollar(Buy/Sell)45.57/58
Brent crude (a bbl) Rs4,458
Gold (a gram) Rs1,869
Silver (a kg) Rs42,585

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Other Top Stories
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Fund heads fairly bullish on Indian equity: Survey

IMF voices concern over weaker fiscal consolidation by emerging economies

Hindujas see big potential in India growth story

Not enough to quell price rise

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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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