CORPORATE
ANNOUNCEMENTS
PY-3 resumes production; development plan approved
Chennai, Dec. 31 ONGC, which has a 40 per cent interest in the PY-3 oilfield in the Bay of Bengal, last week gave its approval for a $90-million development plan. Now that this long-awaited approval has come, the operator of the field, the ...
More
Pfizer board okays sale of 4 brands to J&J
Mumbai, Dec. 31 Pfizer Ltd has got the approval of its board of directors to transfer four of its consumer health brands— mouth-wash Listerine, cough-syrup Benadryl, skin-cream Caladryl and cough-suppressant Benylin — to Johnson ...
More
USFDA nod for Ranbaxy drug
More
OVERSEAS BORROWINGS
SPARC converts FCCBs
More
RESTRUCTURING
LGB hives forging unit
More
MERGERS & ACQUISITIONS
JSW merger with Southern Steel
More
NEW PROJECTS
Tata Steel Jamshedpur expansion: ‘Promises will be delivered’
Kolkata, Dec. 31 Tata Steel today performed the groundbreaking ceremony for expansion to 10 mtpa capacity of the Jamshedpur works. Speaking on the occasion, Mr B. Muthuraman, Managing Director, said, “Though there are many ...
More
Singareni Collieries plans Rs 3,600-cr capex
Funds for opening 27 new mines; may hike coal prices
More
OVERSEAS INVESTMENTS
IOC hopeful of finalising consortium in Turkey project
Partners yet to approve demand for management control
More
ALLIANCES & JOINT VENTURES
Shreyas ties up with German Luvomax
Shreyas Intermediates Ltd, which manufactures CPC crude and other pigments used in dye and dye intermediates, has tied up with German Luvomax to add value to the latter’s rubber master batches by injecting blue colour into them. ...
More
Neolite venture with Austrian company
New Delhi, Dec. 31 The New Delhi-based automotive lighting company Neolite Industries on Monday announced a joint venture agreement with Austrian company Zizala Lichtsysteme GmbH. The Austrian company that supplies to customers such as BMW, ...
More
INTERVIEW
We hope issues relating to 3G are settled soon
New Delhi, Dec. 31 If there is one company that which has leveraged on the telecom success story to the hilt it is Bharti Airtel. Business Line caught up with Mr Akhil Gupta, Joint Managing Director, Bharti Airtel Ltd to ...
More
Fundamentals strong, we’ll recover: Leyland
Chennai, Dec. 31 How do you rate the year that went by for Ashok Leyland?It was a remarkable one for Ashok Leyland for more than one reason. The company is buoyant with a host of activities: new product launches, ...
More
DIVERSIFICATION
Videocon, Jindal Photo, NBCC, Indo Rama plan power foray
Improving payment record of SEBs
More
OUTLOOK
Hyundai launching LPG Santro, Getz, Accent
New Delhi, Dec. 31 Hyundai Motor India Ltd is set to launch the LPG variant for three of its models by March. “We will be showcasing the LPG variant of Santro, Getz and Accent during the Auto Expo, with their commercial launch ...
More
Comfortable profit outlook for IndianOil
Kolkata, Dec. 31 But for a huge marketing loss, especially in December, the third quarter might have ended well for IndianOil. According to sources, the gross refining margin stands at approximately $9.5 a barrel during October-December ...
More
Bagalkot Udyog capital reduction
Bagalkot Udyog Ltd has informed the BSE that in order to comply with the order dated October 12, 2007 of the BIFR, a meeting of board of directors of the company is scheduled to be held on December 31, 2007 to fix a record date for reduction of ...
More
Benz expands CV footprint
Mercedes-Benz Commercial Vehicles has expanded its footprint to cover eastern India, as Actros 4840K, heavy duty truck would be operational in the mines of Dhanbad and Asansol by early 2008. To offer service, spare parts and after-sales support ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds