| Engineering expo aims Rs 100 cr biz for SMEs |
21-NOV-09 |
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Vadodara's small scale engineering units can expect to get a boost from the upcoming Machtech 2010, an industrial exhibition that is expected to get over 250 small scale units to interact with the big guns in the business. |
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| NDTV: Doing biz in style |
21-NOV-09 |
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Monetising the lifestyle piece is a good idea, as is the buyback of bonds at a discount. |
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| Nestle India posts robust growth in Jan-Sept |
21-NOV-09 |
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Despite the economic slowdown, Nestle India, the food and beverages major, registered net sales of Rs 3,780 crore for January-September 2009, a 17 per cent jump as compared to the same period a year earlier. |
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| Lalit Suri Group to spend Rs 2,300 cr on new hotels |
21-NOV-09 |
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Delhi-based Bharat Hotels, the company owning The Lalit Suri Hospitality Group, will invest Rs 2,300 crore in setting up luxury and mid-market hotels across popular leisure and business locations in India and abroad. |
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| Network18 lays off 200 staffers |
21-NOV-09 |
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Network18 is laying off 12 per cent of its permanent staffers (about 200 people) as part of a major restructuring exercise, which will see the broadcast operations of the company’s Hindi and English business news channels getting merged. |
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| Indowind Energy uses Rs 36 cr loan |
21-NOV-09 |
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Indowind Energy Ltd on Friday said it had availed of Rs 36 crore term loan of the Rs 76 crore sanctioned by Indian Renewable Energy Development Agency Ltd in October 2008 for completing the existing 18 Mw operational projects. |
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| VW backs Porsche contracts, paves way for merger |
21-NOV-09 |
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Volkswagen AG’s supervisory board signed off on contracts for its takeover of Porsche SE in stages, clearing the way for Europe’s largest automaker to add the 911 sports car to its model line up. |
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| Sahara Prime holds talks to raise $214 mn |
21-NOV-09 |
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Sahara Prime City Ltd, the company planning India’s second-largest real estate initial public offering in more than two years, is in talks to raise as much as Rs 1,000 crore ($214 million) from private equity investors. |
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| British structural steel co inks second Indian JV |
21-NOV-09 |
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British structural steel major Severfield-Rowen has announced the signing of its second joint venture in India, to establish structural metal decking units in Mumbai and Bellary (Karnataka). |
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| India Power combine wins bid for control of DPSC |
21-NOV-09 |
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In an all-cash deal, a consortium of India Power Corporation Ltd (IPCL) and Srei Infrastructure Finance Ltd has won the bid for a controlling stake of 57.17 per cent in DPSC Ltd (formerly Dishergarh Power Supply Company), which was previously held by public sector units Andrew Yule, Life Insurance Corp and United India Insurance. |
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