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Mahindra opens Rs 5000-cr green Chakan facility (14 March 12:00) |
| Twenty-two months after work on it began, Mahindra Chakan, a greenfield facility set up by automaker Mahindra and Mahindra Ltd (M&M) at Chakan, was inaugurated today by the Maharashtra Chief... |
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MM bets big on truck business with Navistar (14 March 12:00) |
| Mahindra & Mahindra is betting big on its commercial vehicle business with Navistar of the US. In the process, the company has also drafted a business plan where trucks in the 0.5-tonne to 3... |
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Companies Bill includes 2 of 10 suggestions by co secretary body (14 March 12:00) |
| The Institute of Company Secretaries of India (ICSI) has said that two of its secretarial standards recommendations have been incorporated in the new Companies Bill and it expects more to be... |
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Bosch lifts lockout at Naganathapura plant (14 March 12:00) |
| A press statement from the company said the decision was taken at a conciliatory meeting chaired by the Additional Labour Commissioner, who advised the management to consider lifting the loc... |
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Godrej Consumer buys Nigerian personal products brand Tura (14 March 12:00) |
| Godrej Consumer Products Ltd (GCPL) has acquired worldwide rights of Tura from the Tura Group of Nigeria for an undisclosed |
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Parikh Packaging in talks with FMCG cos (14 March 12:00) |
| The Ahmedabad-based Parikh Packaging Pvt Ltd is in talks with Hindustan Unilever and other FMCG companies to supply Baggiz, a worldwide patented side zipper pouch launched for the first time... |
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ONGC gets 6th CDM project registered (14 March 12:00) |
| Oil and Natural Gas Corporation's 51 MW wind power project in Bhuj, Gujarat, has been registered with the United Nations Framework Convention on Climate Change (UNFCCC) with effect from Marc... |
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Maruti signs MoU with ABT Ltd (14 March 12:00) |
| Maruti Suzuki India Ltd (MSIL) has signed an MoU with the Coimbatore-based ABT Ltd for conducting Maruti certified courses in automobile servicing at the ABT Technical Institute in the city.... |
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Fortis looking at more global acquisitions (13 March 12:00) |
| Fortis Healthcare Ltd‘s Chairman Mr Malvinder Mohan Singh on Friday said that the acquisition of Singapore-based Parkway Holdings was a beginning to his global ambitions even as other inte... |
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Thermax working with NPCIL on N-power biz (13 March 12:00) |
| The Pune-based Thermax and Nuclear Power Corporation of India are working on new packages such as balance of plant (BOP) and allied work relating to secondary portion of nuclear power |
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Landmark Group to expand India footprint (13 March 12:00) |
| Retail major Landmark Group's brands in India including Lifestyle International, Home Centre, Spar and Max stores, which contribute about 10 per cent to the company's global revenues at pres... |
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VA Tech Wabag sees huge potential for growth in India (13 March 12:00) |
| VA Tech Wabag, the multinational water treatment company, sees India as the largest potential market, growing at more than 20 per cent |
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Dabur CavinKare see growth bubbling in shampoos (13 March 12:00) |
| The Rs 2,200-crore market for shampoos is losing foam, but smaller players in the market such as Dabur India and CavinKare have still registered sizzling growth |
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Bosch to lift lock-out at Naganathapura plant (13 March 12:00) |
| Auto parts' maker Bosch has decided to lift lock-out at its Naganathapura plant from Saturday and will withdraw its lock-out notice to workers at Bangalore |
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Asia Motor to offer value-for-money trucks (13 March 12:00) |
| Asia Motor Works, an emerging truck-maker in the medium and heavy commercial vehicle space, plans to enter the mass market haulage segment with value-for-money |
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Make NACIL a holding company with 2 separate wings House panel (13 March 12:00) |
| The National Aviation Company of India Ltd (NACIL) should be made into a holding company with two separate wings – NACIL (Indian Airlines) with its headquarters in Delhi and NACIL (Air Ind... |
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Global Green to get $10-m funding (13 March 12:00) |
| Rabo Equity Advisors, investment advisors for India Agri Business Fund (the Fund), announced on Friday that it will invest $10 million into Mr Gautam Thapar's Avantha Group's “The Global G... |
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Apex court declines to intervene with HCs ruling on telecom licence (13 March 12:00) |
| In a decision that could open the doors for 20 companies, including AT&T and Hindujas to enter India's booming telecom market, the Supreme Court on Friday declined to interfere with the Delh... |
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Corporates to file CSR on portal (13 March 12:00) |
| Corporates would soon file their Corporate Social Responsibility (CSR) report on the portal of the Ministry of Corporate |
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Samsung aims to double AC sales to a million units (13 March 12:00) |
| Samsung Electronics is looking to double its air conditioner sales in India to a million units this year by tapping the growing demand as the summer heat builds |
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In 10 years print medium sees six-fold jump in advertisers (13 March 12:00) |
| During the last decade beginning from the year 2000 to 2009 the advertising in print medium has seen a sea |
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Cost accounting standards to come into effect from April 1 (13 March 12:00) |
| Ten cost accounting standards have been formulated, six of them are mandatory, which will come into effect from April 1 and three more are likely to be added, according to Mr K. Narasimha Mu... |
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Triveni Engg announces demerger of steam turbine business (13 March 12:00) |
| Sugar maker Triveni Engineering & Industries Ltd (TEIL) has formally announced the demerger scheme of its steam turbine |
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MM to revisit TN tractor project (13 March 12:00) |
| Mahindra & Mahindra plans to revisit its plans of setting up a tractor facility in Tamil Nadu. The project was put on hold following the global economic slowdown in 2008. The new plant could... |
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Gayatri Energy close to tying up funds for Krishnapatnam coastal project (13 March 12:00) |
| Gayatri Energy Ventures, part of Gayatri Projects Ltd, is close to achieving financial closure for the Rs 6,800-crore 1,320 MW coal-fired coastal power plant proposed near Krishnapatnam in A... |
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Crisil upgrades Tata Motors (13 March 12:00) |
| Rating agency Crisil has upgraded its ratings on Tata Motors' bank facilities and short-term debt programme to ‘A+/Stable/P1+' from ‘A/Stable/P1'. “The upgrade reflects Crisil's belief... |
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New Central Coalfields Director (13 March 12:00) |
| Mr Abhijit Chatterjee has joined Central Coalfields Ltd as Director (Finance), according to a CCL release. Earlier, Mr Chatterjee was Executive Director (Finance) of Bharath Earth Movers Ltd... |
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PFC loan for NTPC-Rlys venture (13 March 12:00) |
| State-owned Power Finance Corporation said on Thursday it has sanctioned a loan of Rs 2,248 crore to Bhartiya Rail Bjilee Company for establishment of 1,000 MW Nabinagar Thermal Power Projec... |
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Fortis buys 239 stake in Singapores Parkway (12 March 12:00) |
| Fortis Healthcare Ltd on Thursday announced the acquisition of a 23.9 per cent strategic stake in Singapore-based healthcare service provider, Parkway Holdings Ltd. The deal size is estimate... |
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Hero Honda to decide on site for new plant by Sept (12 March 12:00) |
| The country's largest two-wheeler maker, Hero Honda, said, on Thursday that by around September this year it would finalise the location to set up its fourth manufacturing |
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British MP appeals to Ratan Tata on Corus (12 March 12:00) |
| Mr Kirby Adams, Chief Executive of Tata Steel Europe, received a bit of a tongue-lashing from a British politician, albeit |
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Kisan Mouldings plant on stream (12 March 12:00) |
| Kisan Mouldings, manufacturer of plastic products for various applications including agricultural, pipes and plumbing products, has commissioned a manufacturing unit in Himachal Pradesh. The... |
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Honda unveils Accord 35l V6 (12 March 12:00) |
| Honda Siel Cars India unveiled on Thursday the most powerful saloon in its product line-up - a new variant of the Accord, powered by a 3.5 litre V6 engine. The top-end variant of the existin... |
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AstraZeneca in licensing deal for Torrent drugs (12 March 12:00) |
| In a continuing saga of generic drug licensing deals being struck between Big Pharma and domestic drug companies, Anglo-Swedish major AstraZeneca on Thursday said it had tied up with Torrent... |
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Game-changer in healthcare (12 March 12:00) |
| With three mega hospital acquisitions in five years, the Singh brothers most certainly seem to be men in a hurry. The over Rs 3,000-crore deal with Singapore's Parkway Holdings marks the gro... |
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IVR Prime raises Rs 150 cr (12 March 12:00) |
| IVR Prime Urban Developers Ltd issued 1,500 secured redeemable Non-Convertibe Debentures (NCDs) of Rs 10 lakh each for cash at par aggregating Rs 150 crore on private placement. The debentur... |
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Bosch may declare lock-out at Bangalore plant too (12 March 12:00) |
| The world's largest auto parts company, Bosch, is expected to declare a lockout at its flagship plant in Bangalore on March |
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Audi small car to hit India roads next year (12 March 12:00) |
| Luxury carmaker Audi's small car A1 is likely to hit the Indian roads by |
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Indian companies aim for LSE listing to raise capital (12 March 12:00) |
| Indian corporates are increasingly looking towards London Stock Exchange (LSE) for raising various forms of capital, according to Mr Ibukun Adebayo, Head of Business Development for India at... |
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India Cements QIP will not dilute earnings (12 March 12:00) |
| India Cements, the southern cement major, has been in the news for the last few days over its proposed qualified institutional placement (QIP) |
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Ashok Leyland plans to import radial tyres (12 March 12:00) |
| Plagued by a continuing shortage of truck and bus radials, the second biggest domestic commercial vehicle (CV) maker, Ashok Leyland, now plans to import the tyres and has sought a licence fr... |
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India Cements to raise Rs 295 cr via QIB issue (12 March 12:00) |
| India Cements Ltd plans to raise Rs 295.62 crore through the issue of 245.94 lakh shares to Qualified Institutional |
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Maruti to export 35000 A-Stars to Nissan (12 March 12:00) |
| Maruti Suzuki said on Thursday that it would export at least 35,000 units of the A-Star compact car to Nissan in Europe in 2010-11. This is after the company recently recalled more than one ... |
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Areva TD gets Rs 400-cr UP contract (12 March 12:00) |
| Transmission and distribution utility Areva T&D India said on Thursday it has bagged a contract worth Rs 400 crore from Uttar Pradesh Power Transmission Corporation Ltd for building a substa... |
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Pennar commissions new line at Isnapur unit (12 March 12:00) |
| Engineering company Pennar Industries has commissioned a new rotary compressor housing manufacturing line at its plant at Isnapur near |
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ICSA India bags PowerGrid orders (12 March 12:00) |
| ICSA India Limited has received work orders worth Rs 130 crore from Powergrid Corporation of India, taking the total order book size to Rs 2,134 |
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Tata Steel hit by Orissa Govts blanket mining ban order (11 March 12:00) |
| The Orissa Government's order banning what it feels “illegal” mining by private companies in the State's iron ore-rich Banspani / Jarauli areas has proved too much for Tata |
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Thermax Babcock Wilcox ink deal for boiler venture (11 March 12:00) |
| Energy and environment solution provider Thermax and US-based Babcock & Wilcox (B&W) have inked a joint venture agreement to manufacture super-critical boilers for the power sector, with an ... |
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Dhanam Businessman of the Year award (11 March 12:00) |
| Mr M.E. Meeran, Chairman of the Kerala-based Eastern group and architect of the nationally and internationally known “Eastern” brand, has been selected for Dhanam Businessman of the Year... |
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Bharti Airtel integrates all telecom satellite infrastructure (11 March 12:00) |
| In a bid to achieve operational and cost efficiency on the network side, Bharti Airtel has decided to integrate all of its telecom and satellite infrastructure under a single unit to be call... |
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