http://feeds.business-standard.comThe latest news from India's most respected business daily.enBusiness Standard LimitedSun, 15 Nov 2009 02:30:03 GMTNewspapersBS RSS Generator10http://feeds.business-standard.com/images/logo_small.gifhttp://feeds.business-standard.com14428Business Standardhttp://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/Vj5XSMuEFdU/storypage_c.phpWithin one-and-a-half-months of Grasim's decision to demerge its cement business, the second phase of consolidation is likely to begin tomorrow.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376506Sat, 14 Nov 2009 19:16:46 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376506http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/hdKr4gaZJ48/storypage_c.phpPrivate entities may enter into nuclear power generation, but only as a minor partner of state-owned Nuclear Power Corporation of India Ltd (NPCIL), a top government official said.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376486Sat, 14 Nov 2009 19:00:27 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376486http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/XljHiAULeBg/storypage_c.phpPump manufacturer Kirloskar Brothers today said it has acquired controlling stakes in four companies.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376491Sat, 14 Nov 2009 18:59:17 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376491http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/c47r5AXK-m8/storypage_c.phpFashion and lifestyle retail chain Shoppers Stop today said its board of directors has approved raising funds by allotting 40 lakh shares to qualified institutional buyers.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376490Sat, 14 Nov 2009 18:58:32 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376490http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/XqX9ALcdN_A/storypage_c.phpTata Steel would start work on its Kalinganar plant in Orissa from December. The company had 3,200 acres in possession but could not start work as 20 per cent of the project-affected persons were yet to be relocated, according to Managing Director H M Nerurkar.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376489Sat, 14 Nov 2009 18:57:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376489http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/4cDo4GfA6nc/storypage_c.phpMay manufacture insulin in the country for the sub-continent. Denmark-based Novo Nordisk, a world leader in diabetes care, is looking at India as a hub for manufacturing insulin for the entire sub-continent. The company today inaugurated a dedicated facility with a capacity of 26 million vials per annum in partnership with Ahmedabad-based Torrent Pharmaceuticals Ltd.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376487Sat, 14 Nov 2009 18:55:40 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376487http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/f7CSjQwdSmc/storypage_c.phpThe Dahej SEZ is a 50:50 joint venture between the Gujarat Industrial Development Corporation (GIDC) and ONGC. Already, 28 companies have finalised their plans for setting up manufacturing units in the area. We will invest around Rs 350 crore in the Dahej SEZ and have started work on land development there. The acquisition process is complete. The facility will take around three to three-and-a-half years to become operational, Chief Operating Officer Sanjay Dalal said.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376479Sat, 14 Nov 2009 18:40:52 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376479http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/JFdouanncFs/storypage_c.phpSanjay Dalmia-owned Gujarat Heavy Chemicals (GHCL), a major producer of soda ash, has postponed its board meeting scheduled for today.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376478Sat, 14 Nov 2009 18:35:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376478http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/Seter-RuzGU/storypage_c.phpLow-base effect to kick in, but higher raw material prices could spoil the show.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376477Sat, 14 Nov 2009 18:33:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376477http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/980xI3EjP98/storypage_c.phpThe Supreme Court has stayed for now all hearings in the High Court here on the revival or winding up of Subhiksha Trading Services, the cash-strapped retail chain.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376445Fri, 13 Nov 2009 19:39:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376445http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/_r4sXc3j0g8/storypage_c.phpTVS Motor today said it had re-launched the Twin Spark Plug Flame motorcycle after getting all necessary clearances in accordance with law. It may be recalled that the countrys third-largest motor cycle company, in terms of sales, got into legal trouble with Bajaj Auto for using this technology, which the latter said was its patented one.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376454Fri, 13 Nov 2009 19:37:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376454http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/XbbfXDvlXXQ/storypage_c.phpTata Housing Development Company today said it has received proposals from Governments of Sri Lanka, the Maldives and Nepal to build integrated cities with affordable housing.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376452Fri, 13 Nov 2009 19:34:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376452http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/5hvpUPRusPs/storypage_c.phpThe Securities and Exchange Board of India (Sebi) today directed Chennai-based Sterling Holiday Resorts (India) Ltd to dematerialise 299,800 shares of the company registered in the name of Gujarat Industrial Investment Corporation Ltd (GIIC), failing which it said it would act against the company and its directors.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376449Fri, 13 Nov 2009 19:31:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376449http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/UWdzUuIrAQ4/storypage_c.phpForeign airlines can now use larger aircraft and operate additional flights to India during the peak tourist season under the fresh guidelines issued by the government.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376450Fri, 13 Nov 2009 19:30:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376450http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/MldaRU6bdoU/storypage_c.phpThe government today asked the Serious Fraud Investigation Office (SFIO) to initiate prosecution proceedings against persons involved in the Satyam accounting fraud and partners of Price Waterhouse, the auditors of the IT company.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376448Fri, 13 Nov 2009 19:29:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376448http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/WK3vq5DcSZM/storypage_c.phpLarsen & Toubro (L&T) has sold a third of its holding in Mahindra Satyam, or 27.24 million shares, for Rs 306.54 crore, taking the software companys share price down by 6.6 per cent, the biggest fall in five months.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376447Fri, 13 Nov 2009 19:27:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376447http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/K2yLSCccMmA/storypage_c.phpWhen Pramod Jain, a minority shareholder in the Sanjay Dalmia-controlled cigarette-maker Golden Tobacco Ltd (GTL), made a hostile bid to acquire another 25 per cent equity in the company at Rs 101 a share, the stock markets took notice. The GTL stock surged 5 per cent on the Bombay Stock Exchange, the maximum permissible rise in a single day, for two successive days to close at Rs 114.85 today.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376446Fri, 13 Nov 2009 19:26:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376446http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/Rd9qYoe8MmY/storypage_c.phpThe ongoing rail line construction of Bhusan Steel Ltd (BSL) at Meramandali in Dhenkanal district was stopped and machineries were seized after the company was found violating the local sub-collectors order not to carry out any construction on the canal land. The company was constructing the rail line to connect its plant to the mainline at Meramandali.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376399Fri, 13 Nov 2009 19:21:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376399http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/UjSV9r7tBCk/storypage_c.phpPrice may be raised to Rs 4,250 per mBtu.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376437Fri, 13 Nov 2009 19:13:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376437http://feedproxy.google.com/~r/Business-Standard-Companies-Industry-All/~3/8go7AI0qP2I/storypage_c.phpThe fate of the 1,320 megawatt (Mw) thermal power plant at Rajpura (Punjab) will be decided by next week. According to sources, the financial bids (related to power tariff) for the proposed project would be opened next week and sent to the Punjab State Electricity Board (PSEB) for approval.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=376393Fri, 13 Nov 2009 19:11:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=376393