Online edition of India's National Newspaper
Tuesday, April 24, 2007
BIS licence for 11 overseas cement cos.
NEW DELHI: Domestic cement producers are expected to come under greater pressure from imports as the Bureau of Indian Standards (BIS) has certified 11 manufacturers from the UAE, Bangladesh and Bhutan to sell the product in ...
Matsushita buys 80 p.c. in Anchor
MUMBAI: Japanese company Matsushita Electric Works, owner of the National and Panasonic brands, has bought 80 per cent stake in Anchor Electricals for Rs. 2,000 crore. ...
Arcelor finalises Sicartsa acquisition
LONDON: Arcelor Mittal has received approval from the U.S. and Mexican competition authorities to acquire Sicartsa from Grupo Villacero for an enterprise value of $1.43 billion (about Rs. 6,006 ...
FIPB defers decision on Hutch deal
NEW DELHI: For the third time in a row, the Foreign Investment Promotion Board on Monday deferred a decision on Vodafone's deal to buy controlling stake in Hutch-Essar in view of lack of clarity over the foreign shareholding in the company. ...
Bank of India pays 15 p.c. final
MUMBAI: Bank of India has recommended a final dividend of 15 per cent for the financial year 2006-07, taking the total to 35 per cent including an interim dividend of 20 per cent. ...
PIX Transmissions acquires U.K. firm
CHENNAI: : PIX Transmissions Ltd., a manufacturer and exporter of belts and hoses with plants at Nagpur, Maharashtra, has announced the acquisition of Flexequip Hydaulics of the U. K. by its European subsidiary PIX Europe Ltd. Flexequip is a ...
MIAL's wi-fi service at Chhatrapati airport
MUMBAI: : Mumbai International Airport Pvt. Ltd. (MIAL) is now the first international airport in India to launch a free wireless network, providing enterprise-class wi-fi (wireless fidelity) service throughout the domestic (IA & IB) and ...
Tata `Ace' launched in Nepal
CHENNAI: : Tata Motors has launched its popular mini truck, Tata `Ace', in Nepal. According to a release, the vehicle is specially configured to negotiate hilly terrains and meets all safety norms-including frontal crash, roof crush and rear wall ...
John Crane opens gas seal service facility
BANGALORE: : John Crane, the U.K. headquartered designer, manufacturer and supplier of engineered sealing solutions, has opened a gas seal service and repair facility at the John Crane Centre located in Peenya Industrial Area, Bangalore. The ...
Dura Automotive's pact with Aditya Auto
BANGALORE: The U.S.-based Dura Automotive Systems on Monday signed a technology sharing agreement with Aditya Auto Products and Engineering Pvt. Ltd, Bangalore, a supplier of components to most OEMs in the automobile industry here. Exports of ...
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