CORPORATE
ANNOUNCEMENTS
Bosch to supply CRDi systems for Rs 1-lakh car
Tata Motors plans four more manufacturing plants
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Honda Siel Power to relocate Rudrapur facility
Honda Siel Power Products (HSPP) said on Thursday that it had decided to relocate its manufacturing facilities from Rudrapur to Greater Noida, along with the entire workforce of around 200 people. The company said it was making this ...
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Bajaj rolls out new Pulsar in Vizag
Bajaj Auto launched the new Pulsar DTS-Fi here on Wednesday. Mr N. Venugopala Rao, Manager (Sales), said the new Pulsar had raised the bar in the motorcycle industry with superior technology and features such as engine cooler, digital console and ...
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OPEN OFFERS
UB open offer in Air Deccan: SEBI clears the air
Questions merchant banker on financial arrangements
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NEW BUSINESS
Punj Lloyd bags Rs 666-cr order
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Zensar bags $7-m deal
Zensar Technologies, IT and business process outsourcing services provider, has announced the win of a $7-million deal with a large South African insurance company. This is expected to consolidate the launch of the insurance vertical since it ...
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HUMAN RESOURCES
Coal crisis: Nalco may lay off employees
Shutdown of 2 power units
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MERGERS & ACQUISITIONS
Punj Lloyd picking 25% stake in Pipavav Shipyard
To pay Rs 403 cr; move to boost offshore biz growth
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CORPORATE GOVERNANCE
30,000 cos default on annual filing
Come under Ministry scanner
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NEW PROJECTS
DSM Engg greenfield unit near Pune to be ready by mid-2008
Pune, Aug 2 DSM Engineering Plastics, a player in the high performance thermoplastics, will roll out products from its new facility at Ranjangaon near Pune by mid-July 2008.Talking to presspersons Mr Jos Goessens, President, DSM ...
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OVERSEAS INVESTMENTS
M&As: Indian cos spent more than foreign firms in Q1
New Delhi, Aug 2 While Indian companies acquired companies abroad with a war chest of $11.37 billion, foreign firms invested only $2.06 billion in buying out Indian firms in the first quarter of the current fiscal, according to Associated ...
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ALLIANCES & JOINT VENTURES
Great Eastern Energy, IOC plan joint venture
Gas distribution in Bengal
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Birla Cotsyn forms joint venture with PB Bhardwaj group
Mumbai, Aug. 2 Birla Cotsyn Ltd of the Yash Birla group, is to launch its own range of garments and home furnishing textiles through retail outlets by 2008-09, said Mr Yash Birla, Chairman. “An outlay of Rs 30 crore has been set ...
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BONUS ANNOUNCEMENTS
Northgate announces 1:1 bonus
Hyderabad, Aug. 2 Northgate Technologies Ltd on Thursday rewarded its shareholders approving a 1:1 bonus issue and a dividend of 40 per cent, while simultaneously securing shareholders nod to raise up to Rs 450 crore.The company at its ...
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OUTLOOK
SEBI against companies giving quarterly guidance
‘National Institute of Securities Market to be set up near Mumbai in a month’
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Bosch hopes to sell 1.3 m units by 2010
Bosch expects to sell 1.3 million complete units of its marquee product, the common rail injection systems in India by 2010.The Mico-Bosch Managing Director, Dr Albert Hieronimus, told newspersons on the occasion of the roll out of the ...
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PERFORMANCE
Cement cos report higher July output, dispatches
Mumbai, Aug. 2 Cement companies continued their robust growth in production and dispatches in July and for the quarter ended July 31, 2007. Cement major ACC has reported a 10 per cent rise in production to 1.63 million tonnes (mt) in July ...
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M&M July sales zoom 46%
Mumbai, Aug 2 M&M’s automotive division clocked sales of 19,163 units in July, a growth of 46 per cent over the corresponding previous period.Domestic sales increased to 18,536 units (12,481 units), growing over 49 per ...
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PEOPLE
Two new directors at IndianOil
Indian Oil Corporation (IOC) has got two new directors. While Mr P.K. Chakraborti took over as Director (Pipelines), Mr Anand Kumar is new Director (Research & Development). According to a company statement, prior to his elevation to the ...
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