CORPORATE
ANNOUNCEMENTS
JSW Steel to hold prices
JSW Steel has said it has decided to maintain the current price levels for two to three months. The input cost for steel making has seen an unprecedented increase in the last few months. Added to this is the fact that there is a restricted ...
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OPEN OFFERS
Fresenius makes open offer for Dabur Pharma shares
New Delhi, April 23 Germany-based Fresenius Kabi, the new owners of Dabur Pharma, has announced an open offer to acquire 20 per cent additional stake in the Indian company. In an announcement made today, Fresenius Kabi said that it ...
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CREDIT RATING
S&P downgrades Tata Steel’s corporate credit rating
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NEW PROJECTS
Suryachakra creates EPC division
Suryachakra Power Corporation Ltd informed BSE that its board on Tuesday approved the opening of an EPC, Consultancy and Contracts division. It is setting up projects through subsidiaries — Lahari Power and Steels Ltd (2x35MW), a coal-based ...
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OVERSEAS INVESTMENTS
Printing company IPP scouting for buys in UK, US
To invest Rs 100 cr in green-field, brown-field expansions
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ALLIANCES & JOINT VENTURES
DLF enters into pact with TIDCO for Chennai project
DLF Ltd and the Tamil Nadu Industrial Development Corporation (TIDCO) have entered into a joint venture agreement for a Rs 1,500-crore Information technology Special Economic Zone (SEZ) here.According to an official press release, the ...
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EVENTS
Experts call for efficient use of knowledge base
New Delhi, April 23 The status of an organisation in competitive situations depends on the how effectively it can utilise the available knowledge base. Indian business houses should develop business strategies suitable to the prevailing ...
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OUTLOOK
Eastern enterprise
The Kolkata-based Emami group is now looking to expand through acquisitions.
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IOC may consider liquidating bonds, cross-holdings
Losing Rs 238 cr a day due to under-recoveries
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First ‘test’ Nanos roll out from Uttarakhand
Commercial production may begin earlier than in Singur
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PERFORMANCE
Strong show by UltraTech Cement
New capacities to help diversification, volumes
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PEOPLE
Kudremukh Iron Ore appointment
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