Corus gets rebranded as Tata Steel
Corus, the steel group owned by the Tatas, has from Monday adopted the name Tata Steel as it new identity. Corus has been renamed Tata Steel Europe. The Tata group had acquired Corus, the Anglo-Dutch
Centre eyes 20% rise in revenues
The government expects an over 20 per cent increase in its overall revenue collection in Q3 of the current fiscal, a senior Central Board of Direct Taxes (CBDT) official said. “I am hoping that in Q3,
Reliance Brand eyes aquisition
Reliance Brands, a subsidiary of Mukesh Ambani-led Reliance Retail, is scouting for acquisition in the domestic market, besides launching its own luxury label in the next 18 months. The company, which
L&T allocates `1,500 cr for Kadipully
Larsen and Toubro (L&T)’s shipping arm, L&T Shipbuilding has earmarked around `1,500 crore to develop around 800 acres at Kadipully near Ennore in Chennai for expanding its vessel building capacity, a
Dabur to expand its retail venture
Consumer goods firm, Dabur India Ltd will start adopting the franchise route for its retail stores “Newu” and explore smaller format stores in order to expedite expansion. The company’s subsidiary, H&
Gammon in power deal with KVK
Gammon India group companies Ansaldo Caldaie Boiler and Franco Tosi on Tuesday said they have received an order to supply power equipment for the 300 MW Nagapattnam project of KVK Energy. The scope of
CIL files for mega IPO on Sept. 25
State-run Coal India is likely to file the red herring prospectus for its initial public issue, through which the government is expecting to raise about `15,000 crore, on Sept-ember 25. Capital market
Satyam results on Sept. 29
For the first time since its founder admitted to falsifying the company’s accounts, Satyam Computer will come out with its financials for fiscal years 2008-09 and 2009-10 on September 29. The board of
SAIL FPO by year end on
Enthused by buoyant market conditions, the government on Tuesday said it may advance SAIL share sale and launch the FPO by December 2010, instead of earlier planned January-February 2011. SAIL’s Follo
WBIDC to sell off bad assets
The West Bengal Industrial Development Corporation —- the nodal agency for promotion of industry in the state — is in negotiations with Asset Reconstruction Company India Ltd to hive off some of its d