 | Business Line - Business |
| |
Current Headlines | Most Read | Archives |
|
| |
 |
Corporates swamp the bond market (21 November 12:00) |
| Mumbai, Nov. 19 At least 10 companies, including public sector undertakings, are expected to tap the corporate bond market over the next two months to take advantage of the lower interest ra... |
| |
|
GM India will not cede ground in Chinese alliance (21 November 12:00) |
| Mumbai, Nov. 20 Mr Karl Slym, President and Managing Director of General Motors India, is categorical that the proposed alliance with SAIC Motor Corporation of China for light trucks will in... |
| |
|
Tata Steel to switch 56 of securities into convertible bonds (21 November 12:00) |
| Mumbai, Nov. 20 Tata Steel said it will issue convertible bonds totalling $546.9 million in exchange for $493 million worth of securities it received on |
| |
|
Bharat Hotels to invest Rs 2300 cr in new properties (21 November 12:00) |
| Mumbai, Nov. 20 Bharat Hotels, the holding company of The Lalit Suri Hospitality Group, will invest nearly Rs 2,300 crore in hotel properties in the next four years. This will include its fo... |
| |
|
Snag in Vizag steel blast furnace (21 November 12:00) |
| A problem developed late on Thursday night (in the early hours of Friday) in one of the two blast furnaces in the Visakhapatnam steel plant and as a result the system had to be shut down and... |
| |
|
TCS promoters shed stake (21 November 12:00) |
|
| |
|
Fiat plans to export from India (21 November 12:00) |
| Bangalore, Nov. 20 Fiat expects to export about 7,000 cars from its Indian plant even as the car maker has ruled out any plans to phase out its Palio model in spite of a rapid decline in |
| |
|
Honeywell to showcase micro-air vehicles strengths (21 November 12:00) |
| Bangalore, Nov. 20 Honeywell International expects to be shortly demonstrating its micro-air vehicle to security agencies as an option for monitoring sensitive and terror-prone areas, said s... |
| |
|
NFC to give LT tubes for steam generators in reactors (21 November 12:00) |
| Hyderabad, Nov. 20 Nuclear Fuel Complex (NFC), the lone supplier of fabricated fuel to nuclear power plants in India, is firming up a memorandum of understanding with L&T for supply of indi... |
| |
|
Srei-led consortium bids the highest for majority stake in DPSC (21 November 12:00) |
| Kolkata, Nov. 20Infrastructure company Srei and its joint venture, India Power Corporation Ltd, have emerged the highest bidder for acquiring a 57 per cent stake in the power generation and ... |
| |
|
Network18 to merge back-end operations of business channels (21 November 12:00) |
| New Delhi, Nov. 20 Media conglomerate Network18 announced on Friday that it is going to merge the logistics, back-end and broadcast operations of its two business news channels, CNBC TV18 an... |
| |
|
3M to enter car-care aftermarket biz by 2011 (21 November 12:00) |
| New Delhi, Nov. 20 3M India said on Friday that it would enter the organised car-care aftermarket retail business by 2011, with its car care division planning to launch its own branded outle... |
| |
|
Police protection to industrial unit not a matter of right Court (21 November 12:00) |
| An industrial unit cannot claim, as a matter of right, any police protection unless the law permits, the Madras High Court has held. |
| |
|
Rebuilding IOCs Jaipur depot to cost Rs 160 cr says Deora (21 November 12:00) |
| New Delhi, Nov. 20 To rebuild Indian Oil Corporation Ltd’s (IOC) depot in Jaipur, which was destroyed by fire, over Rs 160 crore is needed. |
| |
|
Suzlon raises Rs 1735 cr through Hansen stake sale (20 November 12:00) |
| Mumbai, Nov. 19 Wind turbine manufacturer Suzlon Energy, which is reeling under nearly Rs 14,000- crore of debt, on Thursday raised about Rs 1,735 crore (pound 224 million) by selling a 35 ... |
| |
|
JSW in pact with Japanese co for auto-grade steel (20 November 12:00) |
| Mumbai, Nov. 19 JSW Steel has entered into a technical pact with JFE Steel Corporation of Japan to produce auto-grade steel at its Vijayanagar plant in Karanataka. |
| |
|
Visa Steel applies for mining leases in Orissa Chattisgarh (20 November 12:00) |
| Steel prices may be falling but that of primary raw materials such as pig iron, coke and coking coal continue to remain stable, said Mr Vishambhar Saran, Chairman, Visa Steel. |
| |
|
Setco Automotive eyes buys in Europe US (20 November 12:00) |
| Kalol (Gujarat), Nov. 19 Setco Automotive, which makes auto clutches, is exploring the option of overseas acquisitions as part of its vision to touch the Rs 1,000-crore turnover mark in the... |
| |
|
NTPC to sign long-term coal deals from 2010-11 (20 November 12:00) |
| New Delhi, Nov. 19 NTPC Ltd will look at signing long-term contracts with coal producers to import the fuel from the next fiscal. |
| |
|
PFC venture with power PSUs (20 November 12:00) |
| Power Finance Corporation (PFC) said on Thursday it has signed a pact with NTPC Ltd, Power Grid Corporation of India Ltd and Rural Electrification Corp Ltd to set up a joint venture company ... |
| |
|
NMDC to produce iron ore from hematite rocks (20 November 12:00) |
| Hyderabad, Nov. 19 National Mineral Development Corporation (NMDC) is all set to break new grounds in iron ore |
| |
|
Film co-production will happen if ideas are genuine (20 November 12:00) |
| Chennai, Nov. 19 Film production houses from the UK, France, Germany and Canada are open to joint ventures with Indian film-makers provided the co-production idea is genuine and not just wit... |
| |
|
NDTV Group sells stake in lifestyle subsidiary (20 November 12:00) |
| New Delhi, Nov. 19 NDTV Group announced on Thursday that it has entered into a strategic alliance with US-based lifestyle media group, Scripps Networks Interactive. |
| |
|
Asoka Buildcon eyes power distribution (20 November 12:00) |
| Mumbai, Nov. 19 Nashik-based Asoka Buildcon, which operates road toll-based projects, plans to turn into a full-fledged player in power distribution as |
| |
|
Shell Lubricant sees India as key growth driver (20 November 12:00) |
| New Delhi, Nov. 19 Shell Lubricants has said that India would be a key driver of its growth strategy in 2010. |
| |
|
Honda Motorcycle may set up another greenfield unit (20 November 12:00) |
| Kolkata, Nov. 19 Honda Motorcycle and Scooters India Ltd (HMSI) may have to set up a second greenfield two-wheeler manufacturing facility in India as the company’s existing facility is exp... |
| |
|
JSW Steel trips after tie-up news (20 November 12:00) |
| The stock of JSW Steel closed almost flat on Thursday after spiking up 6 per cent in early trade. Reports of Japanese Steel company JFE Holdings picking up a stake in the company drove stock... |
| |
|
IndianOil climbs onto the nuclear power bandwagon (19 November 12:00) |
| Indian Oil Corporation Ltd (IOC) is looking to invest up to Rs 1,500 crore in its maiden nuclear venture in partnership with Nuclear Power Corporation of India Ltd (NPCIL). |
| |
|
Global PE funds back in the hunt for Indian firms (19 November 12:00) |
| New Delhi, Nov. 18 With broad indications pointing to an uptick in the global economy, big-ticket private equity funds are back chasing investments in Indian |
| |
|
Low-cost car For Ghosn doing it right not delays is key (19 November 12:00) |
| Mumbai, Nov. 18 Mr Carlos Ghosn, Chairman and Chief Executive Officer of Renault-Nissan, is not too worried about the delay in the launch of the ultra-low cost car planned with Bajaj Auto. |
| |
|
Strong local demand to drive commercial vehicle sales (19 November 12:00) |
| Industry expects the strong growth momentum posted by the commercial vehicle (CV) segment in October to improve over the next half of the |
| |
|
Tox Pressotechnik opens new plant (19 November 12:00) |
| Pnemohydraulic cylinder, press manufacturing company Tox Pressotechnik has set up its seventh manufacturing plant at Pirangut. The new facility was recently inaugurated by the company’s Pr... |
| |
|
Hyundai looks to Indian arm to drive up profits (19 November 12:00) |
| New Delhi, Nov. 18 Hyundai Motor India Ltd (HMIL) said on Wednesday that it aims to increase its share of profits in Hyundai Motor’s global operations and become the largest contributor by... |
| |
|
Exide falls on equity dilution fears (19 November 12:00) |
| Kolkata, Nov. 18 Exide Industries is planning to raise funds through private placement of fresh issue of equity shares or other equity derivatives to tap future investment opportunities in t... |
| |
|
Consolidated Const building growth on infrastructure projects (19 November 12:00) |
| Chennai, Nov. 18 Public sector investments in infrastructure, including power, water treatment and airports, contribute increasingly to Consolidated Construction Consortium’s order book as... |
| |
|
Gulf Oil consolidates biz portfolio exits pharma (19 November 12:00) |
| Hyderabad, Nov. 18 After divesting its pharma business last quarter, Gulf Oil Corporation Ltd, a Hinduja Group company, has embarked on a process to consolidate its business covering explos... |
| |
|
German co FEIN opens subsidiary in India (19 November 12:00) |
| Chennai, Nov. 18 FEIN, a German manufacturer of power tools, has launched its Indian subsidiary, FEIN Power Tools India Pvt Ltd, to tap the growing domestic |
| |
|
It could pay to do good (19 November 12:00) |
| If the Minister for Corporate Affairs, Mr Salman Khurshid, has his way, India could become the first country to adapt innovatively the carbon credit system so that companies are enabled to ... |
| |
|
ONGC-GAIL venture plans public issue (19 November 12:00) |
| Mumbai, Nov. 18 ONGC Petro-additions (OPaL), the petrochemicals special purpose vehicle of the Oil and Natural Gas Corporation, is exploring the option of a public issue to part-finance its ... |
| |
|
SAIL re-tenders Tasra coal mine project (19 November 12:00) |
| Kolkata, Nov. 18 Steel Authority of India Ltd has re-tendered the four-million-tonne Tasra open-cast coking coal mine redevelopment project in |
| |
|
Bharathi Cement ties up funds for second phase (19 November 12:00) |
| Hyderabad, Nov. 18 Bharathi Cement Corporation Ltd has completed the financial closure for the phase II expansion of its plant at Nallalingayapalli village in Kadapa district of Andhra |
| |
|
Honeywell to invest $34 m in new tech centre (19 November 12:00) |
| Honeywell has announced that it will invest $ 34 million in a new technology centre in India, to expand its global research capabilities in refining, petrochemical and other |
| |
|
Lodha Group unveils phase II of luxury project (19 November 12:00) |
| Hyderabad, Nov. 18 Lodha Bellezza, a ‘By Invitation Only’ project of the Mumbai-based Lodha group, has announced the launch of the second phase of this super luxury project, consisting... |
| |
|
Investments into Indian companies likely to pick up (19 November 12:00) |
| Mumbai, Nov. 18 Investments into Indian companies, particularly in the infrastructure, insurance, and consumer goods sectors, will accelerate over the next six months on the back of valuatio... |
| |
|
Shareholders board should decide on managerial pay (19 November 12:00) |
| New Delhi, Nov. 18 The Government has that the ultimate decision on whether or not to cap managerial pay in the private sector should be left with the shareholders and the board of a |
| |
|
AP Genco bags India Power award (19 November 12:00) |
|
| |
|
Reliance plans big push for gas oil exploration (18 November 12:00) |
| Mumbai, Nov. 17 Reliance Industries’ gas production will increase substantially with the development of nine more discoveries in the Krishna-Godavari D6 block. |
| |
|
Cos may soon earn credit for doing good (18 November 12:00) |
| New Delhi, Nov. 17 Companies may soon be able to trade in Corporate Social Responsibility (CSR) credits, akin to trading in Certified Emission Reductions (CERs or carbon credits, in common ... |
| |
|
Hyundai too joins compact car race (18 November 12:00) |
| Chennai, Nov. 17 Hyundai Motor India has said that it will continue to be aggressive with its product launches to protect and grow its market share, in the face of increasing launches in the... |
| |
|
Jharkhand agrees to renew Chiria mine lease says SAIL (18 November 12:00) |
| Kolkata, Nov. 17 In a written communication to Steel Authority of India Ltd (SAIL), the Jharkhand Government has agreed to renew the lease for 1,000 million tonnes (mt) of iron ore deposit ... |
|
