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Dunlop India open offer soon

The Pawan Ruia-led management of Dunlop India Ltd will soon come out a with an open offer
to meet the Securities and Exchange Board India conditions of takeover in 2005. “We will come out with an ope

Pfizer sales lag, hurt by weak dollar

Pharmaceutical giant Pfizer Inc. said on Tuesday that revenue in the third quarter jumped 39 per cent due to its acquisition of fellow drugmaker Wyeth, but hefty charges related to that $68 billion pu

ONGC to develop finds in K-G basin

State-owned Oil and Natural Gas Corporation (ONGC) plans to invest over $10 billion in bringing to production gas
discoveries off the east coast, its director (exploration), Mr D. K. Pande said on T

Tata Nano to get dearer by ` 9,000

Tata Motors on Friday said it will increase the prices of its small car Nano, dubbed as the `1-lakh wonder, by about `9,000 with effect from November 1 to offset
rising input costs. This is the seco

Tata Housing forays into Chennai

Aiming at a pan-India presence, real estate developer Tata Housing Devel-opment Company, a division of the $70.8 billion Tata Group, on Tuesday announced its foray into this southern metropolis with a

EU antivirus major bets big on city

European data security major Trustport has tied up with Hyderabad-based Zoom Technologies to set up a knowledge centre in Hyderabad. The centre would have a seating capacity of 25 and would be set up

TechM Q2 net profit dips 10.8%

IT firm Tech Mahindra on Tuesday said its profit for the second quarter this fiscal fell by 10.83 per cent to `150.67 crore due to a charge of `36.70 crore it incurred in relation to its shareholding

ArcelorMittal, UGL in steel plant pact

Global steel major ArcelorMittal on Tuesday said it is in discussions with its India partner Uttam Galva for jointly setting up a steel plant in West India. “We are working with our partner (Uttam Gal

The Union finance minister Pranab Mukherjee

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The Union finance minister Pranab Mukherjee greets the gathering during the Economic Editor’s Conference-2010 in New Delhi on Tuesday. Photo: Asian Age

IVRCL bets big on foreign buys

IVRCL Infrastru-ctures & Projects Ltd is bullish on getting foreign projects and is aiming to build an order book of 20 to 25 per cent from overseas market. The company has bagged has three projects w

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.