Kishore in bid to kayo Mallya at Herbertsons
Kishore Chhabria has served a notice on Herbertsons Ltd seeking removal of Vijay Mallya and all his men from the company's board. In doing so, Chhabria has swung the equivalent of what could be a knockout punch in his ongoing battle with Mallya for control over Herbertsons.

Indian Oil ropes in Price Waterhouse for infotech re-engineering exercise
The Indian Oil Corporation has hired Price Waterhouse (now Price Waterhouse Cooper) to undertake an exercise on information technology re-engineering. Styled "Project Manthan", work has begun in right earnest and is expected to be completed during the next few months.

Indian Dyestuff to revamp business; prunes losses
The loss-making Indian Dyestuff Industries (IDI) has initiated a series of restructuring efforts including a review of its business portfolio in order to get back on the growth track. The restructuring project will see IDI focus on core areas like vat-dyes, solvent-dyes and specialty products.

  ITC Agro Tech to enter non-edible oil segment
  Excise department raids premises of Philips, co-makers
  IDBI asset base hurtles ahead of Rs 65,000 crore
  IRFC clinches $75-million loan at 185 basis points over Libor
  Colgate-Palmolive appeals against MRTPC order on toothpaste ad
  GE Plastics may buy out Jain Irrigation polycarbonate unit
  New Indian Airlines chief to focus on product upgrade, customer service
  Microsoft to focus on financial sector
  Dynamic Container seeks level playing-field
  Indian Seamless Metal to inject Rs 41cr into Issal
  French power major to take over London Electricity
  Fast-track Vizag power plan to see light after 5-year wait
  Proxy hitch may derail Philips unit selloff
  Crisil to aid NTPC make up mind on LNG import, re-gassification project
  Corporate Briefing
  Samkrg Pistons plans to foray into export market