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Wednesday, November 04, 2009
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NEW BUSINESS: L&T bags Rs 6,900-cr order
EPC contractor for 1,980 MW Mahagenco project. Mumbai, Nov. 3 L&T has bagged a Rs 6,897-crore EPC (engineering, procurement and construction) contract from the Maharashtra State Power Generation Co (Mahagenco) for three supercritical boiler ...

OVERSEAS INVESTMENTS: Dhunseri Tea brewing overseas acquisition plans
Eyes opportunities in Africa, South-East Asia. Kolkata, Nov.3 Dhunseri Tea & Industries Ltd is looking for suitable opportunities outside the country to acquire tea ...

HUMAN RESOURCES: Govt begins sector-wise review on managerial pay cap
New Delhi, Nov. 3 The Corporate Affairs Ministry has for the first time begun a sector-wise assessment on the cap on managerial pay. This comes in response to representations on the ...

OUTLOOK: Asia-Pacific has high bearing for SKF
The Asia-Pacific is a high growth region for Swedish bearings maker SKF, which has appointed Mr Rakesh Makhija, at present Managing Director, SKF India, to oversee business opportunities in the geographic area. He will be based ...

PERFORMANCE: Suzlon loses wind after reporting higher losses
Hansen stake sale, debt moratorium worry marketmen. Kolkata, Nov. 3 Suzlon Energy, which could not meet market expectations with its quarterly results, on Tuesday declined by around 13 per ...

ANNOUNCEMENTS: Omaxe prepays debt to Indiabulls
Real estate company Omaxe Ltd on Tuesday said it has prepaid debt of Rs 300 crore to Indiabulls Financial Services Ltd, ahead of schedule. “Omaxe Ltd made a pre payment of the outstanding amount and cleared the entire debt more than a ...

FINANCIAL PERFORMANCE: Zenith Birla net at Rs 4.5 cr
Zenith Birla’s net profit more than doubled to Rs 4.48 crore in the quarter ended September 30, 2009 against Rs 1.54 crore logged in the same period last year. Sales were down to Rs 131 crore (Rs 166 crore) in the quarter under review. ...

NEW PROJECTS: Adani Power to expand capacity at Tiroda to 3,300 MW
Ahmedabad, Nov. 3 Adani Power Ltd (APL) announced that it would expand capacity at the under-construction thermal power project in Tiroda, Maharashtra, to ...

HUMAN RESOURCES: Hyundai Motor India eyes global talent
Chennai, Nov.3 Hyundai Motor India is all set to recruit people from abroad. This is the first time that it is doing so, according to a company ...

FINANCIAL PERFORMANCE: Elgi Equipments Q2 net rises on higher sales
Coimbatore, Nov. 3 Containing cost seems to have paid good dividend to the Coimbatore-based air compressor and automotive equipment manufacturer Elgi Equipments Ltd (EEL) which has seen a jump in profit after tax, though sales grew by ...

ANNOUNCEMENTS: Air Work’s repair facility gets European certification
New Delhi, Nov. 3 Air Work’s Hosur-based Maintenance, Repair and Overhaul (MRO) facility has become the first Indian company to get European Aviation Safety Agency (EASA) ...

PERFORMANCE: Power portfolio may boost L&T’s profit margins
Gains unlikely in the near term. Larsen & Toubro’s increasingly power-heavy portfolio is likely to change its pattern of revenue flows and profit ...

COURTS/LEGAL ISSUES: Stay order on Finlay mills land sale
...

PEOPLE: Fellowship for FACT chief
Dr George Sleeba, Chairman and Managing Director of FACT, has been conferred the Fellow Membership of the Kolkata-based National Institute of Personnel Management. The fellowship is in recognition of the outstanding achievements and contributions ...

Columnists: C Gopinath Harish Bijoor Ramanujam Sridhar Radhika Chada K Srikrishna




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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Export dip abates in Sept, but import decline intensifies

Apparel exports down 7.3% in first half

Dhunseri Tea brewing overseas acquisition plans

Banks may park excess funds in short-term debt instruments

Monetary policy and fiscal consolidation

Excess supply mirrors glass industry’s woes

TCS bags £150-m deal from UK Govt body

Looking back
Oct. 25-Oct. 31
Actis develops tools for early detection of breast cancer

Steel prices unlikely to go up in November: SAIL chief

Companies ease up on sales targets

Emerging markets growth helps Ranbaxy return to black

Solvent extractors want Govt aid to buy farmland abroad

Zee News giving up the best channels in demerger

Motherson Sumi arm bags Rs 1,400-cr order from European cos

‘Taxing’ arguments

Mahindra launches half-tonne pickup

15 properties of SPIC put on auction

Is not public interest involved in gas row, asks Apex Court

Stocks hammered due to weak results




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