Monday, June 9, 2008

NEWS

Emami forces Zandu to drop preferential issue

EMCO plans to cross border to have its first international manufacturing base of transformer; mulls expansion into switchgear space.

Great Offshore to bid for buying rig overseas

United Bank of India has launched its agriculture debt waiver and debt relief scheme in the north eastern states.

Spencer`s Retail to tie up with international brands with Woolworths Plc UK for Chad Valley Toys


Adani Logistics plans to develop 14 inland container depots (ICDs) across the country by 2010 with an investment of over Rs 10 billion


RCom, MTN to finalize share swap ratio (It is learnt that the ADAG chief wants the ratio to be 0.66:1 that is 66 MTN shares for 100 RCOM shares while the MTN management is asking for 0.51:1.)


Reliance Petroleum (RPL) chairman Mukesh Ambani said his team is set to create a world record by constructing the new refinery at Jamnagar in less than 36 months


Delhi-based Phoenix Lamps will soon be manufacturing high-end luminaire lines and has tied-up two Italian companies for the foray


Bharat Heavy Electricals (BHEL) bagged boiler-turbine-generator (BTG) contracts worth Rs 35 billion from NTPC and its JV subsidiary


Indian Overseas Bank is looking at mobilizing Rs 23 billion nationally during June-July this year,


Maruti Suzuki has emerged as the fourth most reputed auto companies in the world, even ahead of its parent Suzuki Motor of Japan. the list of which is headed by Toyota.





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