The Hindu Business Line : Saturday, July 05, 2008

ANNOUNCEMENTS
DuPont launches two herbicides
Chennai, July 4 E.I. DuPont India Pvt Ltd has launched two herbicides for rice and sugarcane crops. These will be followed up with the launch of a range of crop protection chemicals including Rynaxypyr, a broad spectrum insecticide that ... More

Danfoss to set up purchase office here
Chennai, July 4 The Danish company, Danfoss, will shortly set up international purchase office in India. The President (Refrigeration and A/C division) of Danfoss AS, Mr Kjeld Staerk, told Business Line that the ... More

NEW BUSINESS
Assam Govt order for Unity Infraprojects
Mumbai, July 4 The Mumbai-based Unity Infraprojects Ltd, in consortium with Brahmaputra Group, has secured a Rs 135.7-crore order from the Assam Government to construct a building for the Tezpur Medical College at Bihoguri. Unity ... More

AWARDS & HONOURS
Hindustan Zinc bags FIMI award
Hindustan Zinc’s Rampura Agucha mine has been selected for “FIMI Excellence Awareness - Bala Gulshan Tandon award” for 2007-08. Instituted in 2004-05, the award recognises the contribution by holistic approach on the overall ... More

TAXATION
Corporate houses served notices for alleged customs evasion
Alleging customs duty evasion on aircraft import, the customs department has issued show cause notices to high profile corporate houses such as the Reliance Group and the Oberoi’s-controlled East India Hotels.Separately, for a ... More

RESTRUCTURING
Cadila Healthcare to recast consumer business
Creating a single listed entity by 2009 More

CORPORATE GOVERNANCE
Amnesty proposed for ‘whistle blowers’ in a cartel
Company can e-mail information to commission More

NEW PROJECTS
Havells India embarks on Rs 200-cr capex
Kolkata, July 4 Havells India Ltd has planned a capital expenditure of Rs 200 crore on greenfield and brownfield projects in the current fiscal. While an amount of Rs 40 crore will be invested in a new miniature circuit breaker (MCB) factory ... More

OVERSEAS INVESTMENTS
Sterlite has support for US copper co Asarco
More

OVL short-listed to bid as operator for deepwater blocks in Angola
New Delhi, July 4 ONGC Videsh Ltd (OVL) has been short-listed to qualify as an operator for deepwater blocks by Angolan authorities. This was announced at a meeting between Mr Murli Deora, Minister of Petroleum and Natural Gas, and Mr ... More

EVENTS
Lean Management meet to be held in Mumbai, Chennai
Dr Jim Womack, Chairman and Founder, Lean Enterprise Institute and Vice-Chairman, Lean Global Network, would address Indian business leaders at the first-ever Lean Management Summit 2008 to be held in Mumbai on August 4, and in Chennai on ... More

SOCIETY & DEVELOPMENT
GMR opens centre for livelihood
Hyderabad, July 4 Mr Ashok Chawla, Secretary in the Civil Aviation Ministry, today inaugurated the Centre for Empowerment and Livelihoods, an initiative of the GMR Varalakshmi Foundation.The foundation was set up by the GMR group to ... More

DIVERSIFICATION
Tata Chemicals bullish on Okhai venture
Ahmedabad, July 4 Tata Chemicals Society for Rural Development targets sales of Rs 50 lakh from the first year of its retail venture Okhai, a women’s wear and home furnishings outlet of 350 sq ft. Tata Group started it as a handicrafts ... More

OUTLOOK
Mini cement plants focusing on expansion
They have everything going for them - limestone, demand, easy funds More

‘Dr Reddy’s will clock 25% growth this year’
Hyderabad, July 4 Pharma major Dr Reddy’s Laboratories is upbeat on its performance this year in view of the revenues from upsides and possible higher profits from its German arm, Betapharm. In the third quarter of 2008-09, the ... More