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Adanis will supply Mundra power to Gujarat, Haryana (25 July 12:00) |
| Sale through long-term PPAs and on merchant basis. Ahmedabad, July 24 Adani Power Ltd, which plans to invest Rs 43,139 crore to build 9,900 MW of electricity generation capacity, has tied u... |
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Tata Motors developing electric car, host of green cars (25 July 12:00) |
| Tata Motors is developing an electric car, besides a host of eco-friendly, hybrid, bio-fuel and compressed-air run cars, said the Chairman, Mr Ratan Tata, at the annual general meeting on Th... |
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Milestone ties up with Ecofirst (25 July 12:00) |
| Specialised consultancy services for eco-friendly development. Mumbai, July 24 Milestone Capital Advisors, a real estate fund house, on Thursday announced the launch of its Milestone Ecofirs... |
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Piramal Healthcare to make narcotic input for cough syrup (25 July 12:00) |
| Mumbai, July 24 Cough-syrup producers are set to face less hiccups in making this product, with the Centre roping in one more private player, Piramal Healthcare to make codeine - a narcotic ... |
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Phillips Carbon Black for expansion at Kochi unit (25 July 12:00) |
| Phillips Carbon Black Ltd, part of the $3.5 billion RPG Group of companies, is planning to expand the capacity of its Kochi plant from the present 40,000 tonnes to 90,000 tonnes. ... |
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‘Sharing gas from K-G would cost Reliance $1 b a year’ (25 July 12:00) |
| Mumbai, July 24 The formula suggested by Reliance Natural Resources Ltd for sharing the gas from the Krishna-Godavari fields with Reliance Industries Ltd would amount to giving subsidy to t... |
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Ramco Systems plans Rs 173-cr rights issue (25 July 12:00) |
| Chennai, July 24 Ramco Systems Ltd plans to raise Rs 173 crore through a right issue by offering 2.3 crore shares of Rs 10 face value. The funds are to be raised to reduce the borrowings and... |
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Strong show by enterprise carrier division (25 July 12:00) |
| Mobile services continue to propel Bharti Airtel’s growth, but it is also being helped by robust improvement in its Enterprise Carrier division’s performance. ... |
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Sobha Developers net rises (25 July 12:00) |
| Sobha Developers has posted a 24 per cent growth in net profit at Rs 50.5 crore for the quarter ended June 30, 2008, compared to Rs 40.8 crore for the corresponding quarter last year. Total ... |
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Softpro announces 10% dividend (25 July 12:00) |
| The Board of Softpro Systems has recommended 10 per cent dividend for 2007-08. The Chief Managing Director of the Hyderabad-based Softpro, Mr G. Bala Reddy, in a statement said "SoftPro in t... |
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Ziemann plant at Pune to make brewery equipment (24 July 12:00) |
| Its fourth overseas plant after Brazil, France and China. Pune, July 23 German brewery equipment maker A Ziemann GmbH is setting up a greenfield plant at Kondhapuri near Pune to manufacture ... |
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Lupin leaps on robust numbers (24 July 12:00) |
| Strong in both local and overseas businesses. Lupin’s June-quarter consolidated net profit doubled to Rs 112 crore boosted by a strong performance in both its local and international busin... |
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Skeletons in M&A cupboards (24 July 12:00) |
| The Foreign Corrupt Practices Act (FCPA) is a US federal law mostly known for clamping down on bribery of foreign officials. If one would review FCPA enforcements over the last five 5 years,... |
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Maytas consortium emerges lowest bidder for Hyderabad Metro project (24 July 12:00) |
| Special purpose vehicle formed by State Government. Hyderabad, July 23 Maytas Infra Ltd-led consortium has emerged the lowest bidder for the Rs 11,814-crore Hyderabad Metro Rail Project that... |
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Travancore Chemicals performs well on better caustic soda price (24 July 12:00) |
| Challenges from salt stock shortages remain. Kochi, July 23 State-owned Travancore Cochin Chemicals (TCC) Ltd at nearby Eloor, despite substantial increase in raw material costs, claims to h... |
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Strides suffers Rs 56-cr net loss (24 July 12:00) |
| Bangalore, July 23 Strides Arcolab suffered second-quarter loss of nearly Rs 56 crore year-on-year on a standalone basis largely due to currency fluctuations and the MTM (mark to market) imp... |
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Strides-Aspen in supply pact with GlaxoSmithKline (24 July 12:00) |
| Bangalore, July 23 Strides Arcolab Ltd’s joint venture with South Africa’s Aspen Pharmacare has struck a global licensing and supply agreement with ... |
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Ranbaxy launches hypertension drug in Japan (24 July 12:00) |
| Mumbai, July 23 Ranbaxy Laboratories Ltd has launched in the Japanese market its generic version of hypertension drug Amlodipine tablets in different strengths. ... |
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Dalmia Cement to expand footprint through subsidiary (24 July 12:00) |
| Chennai, July 23 Dalmia Cement (Bharat) Ltd has floated a subsidiary which will invest over Rs 4,000 crore in the next three years to expand cement ... |
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‘Changes in Cos Act needed for IFRS adoption’ (24 July 12:00) |
| New Delhi, July 23 With only 600 days to go before listed and other public interest entities start preparing their first financial information under International Financial Reporting Stand... |
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Family settlements (24 July 12:00) |
| Sibling rivalries are common in family-controlled companies. The family settlement between the feuding Ambani brothers, Mukesh and Anil, hammered out in 2005 far from fully addressing their ... |
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Cochin Shipyard to get Mini Ratna status (24 July 12:00) |
| The profit before tax for the year was Rs 149 crore, which is higher by 74 per cent from ... |
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Hyundai begins exports to Sudan (24 July 12:00) |
| Hyundai Motor India Ltd would be exporting cars as disassembled knocked down units to Sudan due to the tax incentives offered by its Government. The company has received an order for more th... |
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J. Kumar Infra gets order (24 July 12:00) |
| J. Kumar Infraprojects Ltd has secured an order for Rs 20 crore from Mumbai Metropolitan Region Development Authority for construction of sky-walk. It has also secured order for Rs 33 crore ... |
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Sadbhav to consider stock split (24 July 12:00) |
| Sadbhav Engineering Ltd’s board of directors will meet on July 29 to consider the sub division of equity shares of company. —Our ... |
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Price fixing: Ranbaxy UK arm cleared (23 July 12:00) |
| New Delhi, July 22 The English Crown Court has quashed the six-year long and expensive prosecution against Ranbaxy’s UK subsidiary by the UK Serious Fraud Office ... |
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Maruti: Pressure on margins may remain (23 July 12:00) |
| Nano launch could add to competition. The 20 per cent growth in net sales in the June quarter for Maruti Suzuki has been backed by a volume growth of about 12 per cent during the period, sug... |
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Bilcare, MeadWestvaco acquire US pharma firm (23 July 12:00) |
| To help in packaging and streamlining supply chain. Pune, July 22 Bilcare Ltd and US-based MeadWestvaco Corp (MWV) have jointly acquired pharmaceutical packaging company International Labs o... |
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Chinese biz: Bharat Forge takes a cautious approach (23 July 12:00) |
| Discussions with manufacturers initiated. Chennai, July 22 Bharat Forge Ltd has said that it will continue to address business opportunities in China but will be cautious in committing capac... |
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RIL gas case adjourned (23 July 12:00) |
| The division bench of the Bombay High Court on Tuesday adjourned the case between Mr Mukesh Ambani promoted Reliance Industries Ltd and Mr Anil Ambani led Reliance Natural Resources Ltd till... |
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Precision Automation bags Chrysler order (23 July 12:00) |
| Pune, July 22 The Marysville Axle Plant, Chrysler’s new plant in North America, would be utilising the services of the Pune-based Precision Automotation and Robotics India Ltd (PARI) for t... |
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Calcutta Compressions to sell part of converted gas in local market (23 July 12:00) |
| Kolkata. July 22 After having entered into a firm agreement to buy coal bed methane (CBM) from ONGC’s Jharia field, Calcutta Compressions and Liquefaction Engineering Pvt Ltd (CC&L), which... |
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‘Dr Reddy’s Lab not open for sale’ (23 July 12:00) |
| Hyderabad, July 22 Pharma major Dr Reddy’s Laboratories Ltd is not open for sale, according to Dr K. Anji Reddy, its ... |
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Reliance Petro Jamnagar refinery ahead of schedule (23 July 12:00) |
| Mumbai, July 22 For the June quarter Reliance Petroleum Ltd has overshot its budget by Rs 1,390 crore for setting up the greenfield refinery at Jamnagar. ... |
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Tata Power to develop hydel project in Bhutan (23 July 12:00) |
| Mumbai, July 22 Tata Power Company Ltd has announced its partnership with the Government of Bhutan to develop the 114 MW run-of-the-river hydroelectric power project over River Dagachhu in ... |
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Salzer Electronics merger meet (23 July 12:00) |
| Salzer Electronics Ltd has said that the meeting of the sub-committee of the board of directors on merger is scheduled to be held on July 29 to discuss and transact the proposal of merger of... |
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Era Infra bags contract (23 July 12:00) |
| Era Infra Engineering Ltd has bagged a contract for construction of buildings and associated works at Manesar by National Automotive Testing and R&D Infrastructure Project (NATRIP) valued at... |
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Petronet LNG hopes to finalise long-term contract (22 July 12:00) |
| 2% dip in first quarter net at Rs 106 cr. New Delhi, July 21 Petronet LNG Ltd (PLL) hopes to close a long-term LNG contract soon following its board’s in-principle nod. ... |
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Max Healthcare adds oncology to expansion plan (22 July 12:00) |
| Plans 4 more hospitals by 2010; extending geography. Mumbai, July 21 Max Healthcare is set to add four more hospitals to its network by 2010, including one with an exclusive focus on oncolog... |
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New Holland plans to widen product portfolio (22 July 12:00) |
| New Delhi, July 21 Fiat Group’s agriculture machinery division, New Holland Tractors India said that it was seeking to double its turnover from the domestic operations over the next three ... |
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HDIL to rehabilitate Mumbai slum dwellers occupying airport land (22 July 12:00) |
| Resettlement of 20,000 families to cost Rs 2,750 cr. Mumbai, July 21 Mumbai-based developer Housing Development and Infrastructure Ltd (HDIL) will rehabilitate and resettle 20,000 slum-dwell... |
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Jotun shifting powder wing to Pune (22 July 12:00) |
| Pune, July 21 Doubling its turnover, shifting out of the Daman premises and ramping up the outlet count in the country are some of the initiatives being taken by Jotun Group, a player in the... |
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Bosch to begin supply of components to Tata Motors engines (22 July 12:00) |
| Bangalore, July 21 Bosch would soon be supplying components to Tata Motors for the Euro IV compliant engines that it would be sourcing from Fiat for its passenger cars, Indica and Indigo. ..... |
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GJR's mining venture (22 July 12:00) |
| GJR Group, a mining and steel conglomerate and a business entity of Karnataka's Minister for Tourism and Infrastructure, Mr G. Janardhana Reddy, on Monday announced its global footprint with... |
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Shiva Cement despatches up (22 July 12:00) |
| Shiva Cement Ltd has informed that the despatch of cement during Q1 (April 2008-June 2008) is up by 24.1 per cent against Q1 of 2007. However, clinker despatch was low during the period in v... |
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Kohinoor Foods plans own unit (22 July 12:00) |
| Kohinoor Foods Ltd is planning to put up its own spices manufacturing unit, synergetic to its operational Indian food domain and intends to augment its current manufacturing facility by brin... |
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Petronet steps up efforts to procure more LNG (21 July 12:00) |
| Board to discuss revised deal on supply from Exxon Mobil. New Delhi, July 20 The board of Petronet LNG Ltd on Monday is likely to consider the revised deal for liquefied natural gas (LNG) fr... |
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IGL’s legality issue to be resolved soon: Deora (21 July 12:00) |
| New Delhi, July 20 CNG retailer Indraprastha Gas Ltd (IGL) may soon overcome a regulatory hitch on its operations front. The Petroleum Minister, Mr Murli Deora, on Sunday said that he had s... |
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‘Some cos, sectors may face rating revision due to downturn’ (21 July 12:00) |
| High interest rates, rising fuel prices, credit squeeze may impact rating. Mumbai, July 20 With corporate India facing pressure on profitability this fiscal, certain companies and sectors ma... |
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Patent opponents to get replies of applicants (21 July 12:00) |
| New Delhi, July 20 To allow companies make optimum use of the pre-grant patent opposition provision, the Patent Office has now issued a notification to its respective branch offices pointing... |
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