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Vibrant M&A activity in cement industry
MUMBAI, JAN. 26.Multinational cement companies have successfully entered the Indian cement industry over the last few years and the recent mega deal being Holcim teaming with Gujarat Ambuja Cements to stake a claim in ACC. India's annual per ...
Survey sees slowdown in FII inflow
NEW DELHI, JAN. 26. With dollar regaining strength against major currencies and the U.S. interest rates hardening, the crucial foreign institutional investor investment in the Indian stock market will slow down in the initial months of the ...
India facing new challenges in BPO business
NEW YORK, JAN. 26.Though business-process outsourcing contributes substantially to India's revenue and drives 30 per cent of growth in its IT exports, sustaining it would be a challenge as other English-speaking countries are starting to erode ...
Sesa Goa shareholders approve bonus issue
CHENNAI: The shareholders of Sesa Goa have approved the issue of bonus shares in the ratio of one share for every equity share at the Extra-ordinary General Meeting held on January 25. The directors have fixed February 17 as record date for issue ...
Booklet on service tax released
COIMBATORE: Booklets on service tax (in English and Tamil) were released by the Chief Commissioner of Central Excise, Coimbatore Zone, J.M.K. Sekhar, here recently. An official release said that these provided clarifications about complying with ...
Drawback rate revision welcomed
COIMBATORE: The Coimbatore District Exporters' and Importers' Association has welcomed the amendments in the duty drawback rates for textiles. In a release it said that this would discourage the raw material export and would generate more ...
IVRCL Infrastructure bags new orders
HYDERABAD: IVRCL Infrastructure and Projects Limited (IVRCL) has bagged new orders valued at Rs. 440 crores from November till date. E. Sudhir Reddy, Vice-Chairman and Managing Director said in a press release here that water related projects ...
Phillips Carbon gets accreditation
KOCHI: Phillips Carbon Black, Kochi unit, has received the ISO 14001-1996 environmental management system standard accreditation. The Karimugal unit is also certified under the quality management system standards, says D. Banerjee, chief of ...
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