|
GE
Shipping puts SCI buyout plans on hold
Mumbai: Great Eastern Shipping has decided against
pursuing the acquisition of SCI for the time being, in
light of the continued uncertainty on the timing of the
sale process.
Back
to News Review index page
Kumar
Birla stresses on quality of CG standards
Mumbai: Aditya Vikram Birla Group chairman Kumar
Mangalam Birla on Wednesday said quality of corporate
governance is at the apex of the quality pyramid and organisations
cannot prosper for long, or even continue to exist, if
their governance standards fall short.
Back
to News Review index page
JSL
Plans steel output hike, targets global top 10 club
New Delhi: Jindal Strips is doubling its annual
stainless steel production to five lakh tonnes which will
put it in the club of the top 10 producers in the world.
Back
to News Review index page
Adani
port chugs on track less trodden
Ahmedabad: Adani Port Limited, a joint venture
between the Rs 4,000 crore Adani group and the Gujarat
government is all set to make major forays into the development
of the railway network in the state.
Back
to News Review index page
Sigma
launches global rbands in Indian market
New Delhi: Dubai-based Sigma Enterprises has introduced
products of the Sweden-based European Furniture Group
and New Zealand-based McIntosh Timber Laminates into the
Indian market.
Back
to News Review index page
HK
court to decide Shaw Wallace ownership
New Delhi: A decade-long dispute between Vijay
Mallya and the Chhabria group over the ownership of Shaw
Wallace & Co, the number two spirit and beer company
in India after Mallya's United Breweries, is going to
be decided soon in a Hong Kong court.
Back
to News Review index page
Telco
lines up four new launches
Mumbai: The last quarter of the current fiscal
promises to be loaded with launches as far as Tata Engineering
goes.
Back
to News Review index page
CDMA's
low tariffs drawing users
Mumbai: Attractive tariff of CDMA (code division
multiple access)-based wireless service, which promises
low-cost limited mobility, has caught the fancy of many
existing and potential users of cellular services.
Back
to News Review index page
No
excise duty for life-saving drugs
New Delhi: The Finance and Company Affairs Ministry
has exempted all 126 life-saving medicines currently under
the zero customs duty regime from payment of excise duty.
Back
to News Review index page
Mercedes
not to launch its volume cars in India
New Delhi: Mercedes will stay focused on the top
end cars in India and not venture into the volume driven
compact vehicle business with its A-class cars.
Back
to News Review index page
E-Serve
to focus on Citigroup service for now
Mumbai: E-serve, Citigroup's Business Process Outsourcing
(BPO) company plans to restrict itself to Citigroup -
its single largest customer and equity holder - for the
next couple of years and does not foresee any change in
its customer base immediately.
Back
to News Review index page
Qualcomm
bets big on CDMA technology
New Delhi: The Supreme Court is yet to crown it
king, but San Diego-based Qualcomm Inc believes CDMA-based
telecom technologies will deliver true bang for the buck
in India.
Back
to News Review index page
Iffco
keeps options open
Mumbai: Fertiliser major Iffco (Indian Farmers'
Fertiliser Co-operative) is keeping its options open on
the proposal to acquire 10% stake in Petronet LNG, in
the wake of Reliance's find of huge gas reserves off the
Andhra Pradesh coast, in the Krishna-Godavari (KG) basin.
Back
to News Review index page
The
Larsen & Toubro graph oscillates between peaks and
troughs
Mumbai: In recent years, Larsen & Tubro Ltd
(L&T) has had a roller-coaster ride as far as its
financial performance is concerned.
Back
to News Review index page
Canon
in digital photo foray
Bangalore: Canon India on Wednesday announced its
entry into the fast growing digital photography segment
in India.
Back
to News Review index page
Shriram
group to open showroom for reconditioned trucks
Mumbai: Shriram Recon will buy commercial vehicles
of all ages, recondition for re-sale only vehicles up
to six years of age and scrap commercial vehicles over
10 years old.
Back
to News Review index page
HCI
to park sales proceeds in capital gains bonds
Mumbai: Air India subsidiary Hotel Corporation
of India (HCI) has decided to invest a substantial part
of the amount realised from the sale of its two properties,
including Mumbai, aggregating Rs 115 crore, in capital
gains bonds.
Back
to News Review index page
Zydus
Cadila to be sourcing hub for anti-rabies vaccines
Ahmedabad: Zydus Cadila is looking to become a
global sourcing-hub for anti-rabies vaccines, `Vaxirab'.
Zydus has a technology-transfer arrangement with Swiss-based
Berna Biotech and the vaccine was launched in India only
recently.
Back
to News Review index page
L&T
received investment proposals for
cement division
Mumbai: Larsen & Toubro recently received investment
proposals for the cement entity that might be created
by the demerger of its cement division into a separate
listed entity, the company told the Stock Exchange, Mumbai.
Back
to News Review index page
Birlas
may have got control of L&T in 2001
Mumbai: The Securities and Exchange Board of India
(SEBI) on Thursday told the Securities Appellate Tribunal
(SAT) that several "material facts" have emerged
that suggest the Birlas may have gained management control
of L&T when they bought 10.6 per cent shares of the
company.
Back
to News Review index page
Jubilant
Organosys pact to acquire Max India facility
New Delhi: The speciality chemicals company, Jubilant
Organosys Ltd, has signed up the business transfer agreement
to acquire the active pharmaceuticals ingredients (API)
facility of Max India, located at Najangud in Karnataka
for a total consideration of 63 crore.
Back
to News Review index page
Dunlop
pays out resumption wages
Kolkata: The management of Dunlop India Ltd started
disbursing resumption wages on Thursday to workers at
its Ambattur factory here, thus bringing back on track
the recommencement operations at the facility, union sources
have said.
Back
to News Review index page
Ind-Swift
signs research pact with Niper
New Delhi: Ind - Swift Laboratories Ltd has entered
into a collaborative research pact with National Institute
of Pharmaceutical Education and Research (Niper), an autonomous
institute under the Ministry of Chemicals and Fertilisers.
Back
to News Review index page
Ford
suppliers undergoing quality certification
Chennai: Ford India's suppliers are going through
a process of independent quality audit and certification.
This worldwide certification, called Q1, entitles the
component supplier to automatically become eligible to
supply to Ford Motor Company's worldwide operations, according
to David E. Friedman, Managing Director and President,
Ford India Ltd
Back
to News Review index page
|
