|
Bharti, Net2Phone near deal
New Delhi: The Bharti groups broadband subsidiary - Bharti Broadband
Network - is close to finalising a partnership with Net2Phone for Net
telephony services.
Back to
News Review index page
Gujarat Ambuja plans merging ailing ARCL with itself
Mumbai: Gujarat Ambuja Cements has convened a board meeting on Monday to
consider the merger of its ailing subsidiary Ambuja Cement Rajasthan with
itself.
Back to
News Review index page
Reliance signs $250-mn term-loan facility to buy back bonds
Mumbai: Reliance Industries has signed a $250 million cross-border
syndicated term loan facility to buy back bonds with residual maturities of
3-25 years.
Back to
News Review index page
Disprin based on Aspirin relaunched
Mumbai: Reckitt Benckiser on Friday announced the reintroduction of its
Aspirin-based OTC analgesic brand Disprin.
Back to
News Review index page
Sony in talks with news, music channels for distribution
Mumbai: Sony Entertainment Television said on Thursday it is in talks with
some news and music channels to forge distribution alliances with them.
Back to
News Review index page
Escorts sells stakes in JVs to Bamford, Claas
Mumbai: Escorts Limited on Friday announced the disinvestment of its equity
in Escorts JCB Limited and Escorts Claas Limited in favour of its joint
venture partners, J C Bamford (UK) and Claas (Germany) respectively.
Back to
News Review index page
Italian ice-cream major Chimayo to debut in India
Mumbai: After coffee, it's time for some ice-cream. Chimayo
Chains, which set up the Qwiky's brand of speciality coffee chain across India, is now set
to launch the 'Eisenova' brand of super premium ice-cream chain.
Back to
News Review index page
Aptech says IT education reviving
Mumbai: India's once-booming information technology education business, hit
by an industry slowdown and the decline of Internet startups, is slowly
picking up momentum again, a senior official of Aptech Training said.
Back to
News Review index page
MTNL staff to strike work on July 16
Mumbai: Mahanagar Telephone Nigam Staff Union on Friday called for a token
strike on July 16 to press for payment of pension from government fund and
threatened an indefinite strike from July 23 if its demands were not met.
Back to
News Review index page
Flexi-pricing of cinema tickets, courtesy Adlabs and Sringar Films
Mumbai: The Manmohan Shetty-promoted Adlabs and Sringar Films joint venture
multiplex 'Fame' has for the first time introduced flexi-pricing of cinema
tickets.
Back to
News Review index page
German lender backs RSP periphery development
Mumbai: Periphery development around Rourkela Steel Plant which was being
held up on account of the plant's cash crunch, is now getting a new lease of
life with KfW, the German lending agency ploughing back a part of its
interest earnings on the loan
Back to
News Review index page
Lasik facility at CDR hospital
Hyderabad: CDR, the Hyderabad-based corporate hospital, has introduced the
laser eyesight correction facility called Lasik, which uses ultraviolet
radiation. The Rs 2 crore-equipment has been imported from Schwind of
Germany
Back to
News Review index page
CESC told to revise tariff only with SC approval
Kolkata: The RPG-controlled power utility, CESC Ltd, has been told to effect
any future revision of tariff only with the permission of the Supreme Court.
CESC, which had won a tariff review petition against the West Bengal
Electricity Regulatory
Back to
News Review index page
Dunlop allowed to remove papers
Kolkata: A division Bench of the Calcutta High Court, comprising Mr Justice
Ganguly and Mr Justice H.Banerjee, permitted Dunlop India Ltd (DIL) to
remove certain documents, which are required for compliance of statutory
purposes.
Back to
News Review index page
Coromandel Fert closes down ammonia unit Writes off Rs 25 cr
Mumbai: Coromandel Fertilisers has decided to close down its "unviable"
ammonia unit. Since "it was considered no longer viable to operate the
plant", the company wrote off Rs 25.42 crore from the profits of last year.
Back to
News Review index page
Ispat defers decision on package
Mumbai: Ispat Industries Ltd, which defaulted on the repayment of its
$125-million convertible bonds at maturity in April 2001, has informed an ad
hoc committee of bondholders that consideration by the board of the
financial restructuring terms agreed.
Back to
News Review index page
HC takes up Jessop case hearing
Kolkata: Justice K.J. Sengupta of the Calcutta High Court on
Friday took up the matter of Jessop & Co. Ltd (JCL) for hearing.
Back to
News Review index page
Neuland Labs to cash in on USFDA approvals
Mumbai: The USFDA authorities had inspected the company for
Latonoprost, an innovative drug for glaucoma, for which Neuland is a contract manufacturer.
Back to
News Review index page
SET hopes to make profits this year
Mumbai: Sony Entertainment Television, India is hoping to break even and
make profits this financial year.
Back to
News Review index page
IOC only Indian Fortune 500 co
Mumbai: Indian Oil Corporation has slipped to 226 from 209 last year, on the
list of 500 top global companies compiled by the Fortune Magazine. The lower
ranking was because of fall in the value of Indian rupee against the US
dollar.
Back to
News Review index page
BIFR spikes Binny debt repayment plan
Chennai: The Board of Industrial and Financial Reconstruction has spiked the
plan of the promoters of Chennai-based Binny Ltd to link joint promotion and
sale of real estate assets of the company to repayment of debt to the
tune of Rs 90 crore to secured creditors.
Back to
News Review index page
Pentasoft to transfer training unit into subsidiary
Chennai: Chennai-based Pentasoft Technology Ltd will transfer its education
and training division to a wholly-owned subsidiary named Tekis Education
Ltd.
Back to
News Review index page
Gujarat Adani port weighs foreign collaborator or Mundra port
Ahmedabad: The Mundra-based Gujarat Adani Port Limited, a joint venture
between the Rs 4,000 crore Adani group and the Gujarat government, is
exploring the options of roping in a foreign collaborator for the Mundra
port.
Back to
News Review index page
Synaptic to grant non-exclusive licence to Ranbaxy
Mumbai: Ranbaxy Laboratories and Synaptic Pharmaceutical Corporation of US,
a leading developer of next-generation GPCR-based pharmaceuticals has
announced the granting of a non-exclusive licence by Synaptic to
Ranbaxy.
Back to
News Review index page
Henkel SPIC to allot Rs 40-crore preference shares to parent
Mumbai: Henkel SPIC India will issue cumulative redeemable preference shares
up to Rs 40 crore to its parent company Henkel KGaA.
Back to
News Review index page
International calls may still stay pricey
Mumbai: Videsh Sanchar Nigam Ltd (VSNL) proposes to hike bandwidth prices
for voice carriage by close to 300 per cent.
Back to
News Review index page
|
