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| • Hindalco unveils major investment plans |
| Hindalco Industries, an Aditya Birla group company, has drawn up a capital expenditure plan of Rs 10,000 crore this fiscal, going up to Rs 11,000 crore in |
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| • M&M draws up 5-point plan to revive SsangYong |
| Mahindra & Mahindra has drawn up a five-point turnaround formula for SsaangYong Motor which will ensure that the Korean automaker is back on track once the acquisition formalities are |
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| • e-tailing to give small businesses big boost |
| Navrathan Jewellers, an old-time jeweller on Bangalore's most famous M.G. Road, has been slogging it out for over 20 years now. But it doesn't want to be the “shop around the corner” being swallowed by the swanky mega stores and |
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| • Successor will be announced this year: Tata |
| Persuaded to speak to a set of journalists from all over the world invited to South Africa for the formal opening of Taj Cape Town, Mr Ratan Tata faced the inevitable question: Who would take over from him at the helm of the Tata |
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| • Tata Motors to launch half-tonne truck in Jan |
| Tata Motors is set to launch 0.5 tonne truck, another variant in the Ace family of small commercial vehicles, in the fourth quarter of the fiscal. The launch is most likely in |
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| • Mandhana Industries plans retail foray |
| Textiles company Mandhana Industries plans to enter retail in early 2011. It plans to spend Rs 150 crore for the venture and have 50-60 retail stores by end of financial year |
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| • SunBorne Energy to invest Rs 1,500 cr on power projects |
| SunBorne Energy plans to invest Rs 1,500 crore in the domestic solar energy sector to set up 100 MW of power |
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| • Alok Industries investing Rs 900 cr in capacity addition |
| Textiles company Alok Industries will be investing Rs 900 crore over the next two years to increase capacity across its product portfolio. The amount would be spread equally for the two-year period with an investment of Rs 450 crore being made |
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| • Unitron Connect hearing aids to be launched in India |
| Canadian hearing aid company Unitron Connect is bringing digital hearing aids with wireless capability to India. Available from Rs 29,000 onwards, the aids can communicate to cell phones, MP3 players and television sets through |
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| • Vizag Steel Plant output up 9% in Aug |
| The Visakhapatnam Steel Plant produced 2.52 lakh tonnes of saleable steel during August, recording a growth of 9 per cent over August, 2009. During the five months of April-August, 2010, the plant produced 12.23 lakh tonnes of saleable steel, |
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| • SV Sugars set to change hands |
| The Chennai-based SV Sugars is set to change hands with the Prabhat Group of Tirunelveli acquiring the sugar mills, according to reliable |
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| • Tide Water Oil future ‘unclear' |
| The lack of clarity, it appears, marks the future of Tide Water Oil |
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| • Cipla to decide on investing in South African co next month |
| Drug-maker Cipla will take a call on investing in South-African company Cipla Medpro's manufacturing unit, at its forthcoming board meet in October. The proposal is for Cipla to provide the technology for 25 per cent equity in Cipla Medpro's |
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| • Harsh Vardhan Lodha challenges Court order |
| Mr Harsh Vardhan Lodha, son of late Rajendra Singh Lodha, erstwhile executor of Late Priyamvada Birla's estate, on Friday filed an appeal challenging an order of August 27 by Mr Justice K.J. Sengupta of Calcutta High court appointing three |
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| • Outotec to team with L&T for SAIL's sinter plant |
| Steel Authority of India Ltd has selected Outotec for design and delivery of an iron ore sinter plant for its Bhilai Steel Plant. Outotec is to implement the project on turnkey basis in partnership with Larsen &Toubro. The job involves |
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| Updated: 365 minutes ago |
