Business Daily from THE HINDU group of publications
Wednesday, March 11, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, March 11, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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OVERSEAS INVESTMENTS: Partner for overseas assets: Wait to get longer for Essar Oil New Delhi, March 10 Essar Oil may have to wait for some time before it gets a suitable partner for its three overseas exploratory assets. With the fall in crude oil prices and global cash crunch, most exploration companies are looking ... CORPORATE DISPUTES: NSE software to challenge ODIN of Financial Tech NOW is free for member-brokers. Mumbai, March 10 The country’s premier stock exchange, the National Stock Exchange of India Ltd (NSE), has stepped up its efforts to break the monopoly of Financial Technologies (India) Ltd in the area of ... SOCIETY & DEVELOPMENT: Pfizer joins Govt’s anti-tobacco efforts KICK THE BUTT. Mumbai, March 10 Smokers trying to snuff out their habit will increasingly find more support, with 1,200 more tobacco-cessation centres set to come up in the ... OVERSEAS INVESTMENTS: Binani Group plans in Mauritius taking shape Gets nod for setting up cement grinding unit; to invest $30 m. Mumbai, March 10 The Binani Group has been allotted four hectares near Port Louis by the Mauritius Port Authority for setting a 0.5 million tonnes cement grinding unit along with a ... OUTLOOK: Corus' savings `on track' ... OVERSEAS INVESTMENTS: Motherson buys Visiocorp at euro25 m ... MERGERS & ACQUISITIONS: Satyam CEO spells out do’s and don’ts to staff Associates, leaders told to conform to publicity guidelines. Hyderabad, March 10 As it begins the bidding process, Satyam Computer Services has strictly warned its associates in general and leaders in particular to think twice before they speak ... MANAGEMENT: ONGC plans 10-member team to manage Imperial biz ‘To select team from its own stable’. Kolkata, March 10 The state-run ONGC is planning to appoint a 10-member team, including a new CEO, to manage the recently acquired Imperial Energy Plc ... OUTLOOK: Audi hopes to sell about 1,500 units in India this year Looks to boost sales with rollout of Q5 by June. Ingolstadt, March 10 German luxury car manufacturer Audi AG is targeting sales of about 1,500 units in the Indian market during the current calendar year, representing a growth of over 40 per cent ... NEW BUSINESS: Blue Star bags airport order ... OUTLOOK: Volvo Buses expects annual sales to grow 25% To launch consultancy service for state road transport corporations. Bangalore, March 10 Volvo Buses on Tuesday said it expects sales this year to grow about 25 per cent compared with a growth of about 120 per cent during the ... OVERSEAS BORROWINGS: GACL raises $40 m via ECB route to fund expansion Vadodara, March 10 Beating the global economic recession blues, State-promoted Gujarat Alkalies and Chemicals Ltd (GACL) is forging ahead with its product diversification projects involving investments of Rs 2,500 crore by 2011, and has ... NEW BUSINESS: Wheels India expects air suspension systems biz to grow Chennai, March 10 Wheels India Ltd sees itself as one of the beneficiaries of the Union Government’s Rs 4,800-crore plan to fund the purchase of 15,000 buses under the Jawaharlal Nehru National Urban Renewal ... DIVERSIFICATION: Jyothy Labs enters laundry segment Bangalore, March 10 Jyothy Laboratories has expanded from fabric care to fabric care services segment with Fabric Spa, under its subsidiary Jyothy Fabricare Services Ltd, with an investment of Rs 40 ... MODERNISATION: BPCL-Kochi Refinery expansion progressing well Kochi, March 10 BPCL-Kochi Refinery is in the final stages of implementing the second phase of the capacity expansion-cum-modernisation ... AUDITING: ‘Internal auditor cannot be tax auditor for the same company’ Come April 1, an internal auditor of an organisation cannot take up tax audit of the same ... PEOPLE: INX Media CEO, executive chief step down New Delhi, March 10 INX Media has announced that its founder and CEO, Ms Indrani Mukerjea, and Executive Chairman, Mr Peter Mukerjea, have stepped down from their current management ... Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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