FIs okay Haldia Petro plan to raise Rs 100 cr
Financial institutions have okayed a proposal by Haldia Petrochemicals Ltd (HPL) to raise Rs 100 crore through private placement to meet its immediate fund requirements.

Crompton Greaves demerger to be sewn up by Apr -- Nohria
By next year, the Rs 1,800-crore Crompton Greaves will be split into three entities. The proposed demerger at the 62-year-old company is being done to provide more focus and competency to each business.

Reliance Petroleum begins dispatch of high-speed diesel
The Jamnagar-based Reliance Petroleum (RPL) refinery, which commenced the delivery of high-speed diesel (HSD) to Indian Oil Corporation (IOC) on Tuesday, is eyeing an export market to sell its gasoline (petrol), for which there is likely to be a temporary surplus.

  Maruti sews up launch schedule for new models; Baleno to roll out in November
  BITS, US firm team up for ERP training
  PFC first-quarter net jumps 40% to Rs 299 crore
  Shantha Biotechniques thinks big; plans to tap export market
  Jindal Vijayanagar posts Rs 25.31 crore loss in Q1
  Centre puts off decision on ITC expansion plan
  Excel Industries, Cheminova form marketing pact
  Honda Siel to import Accord from Japan for local market
  Kilburn Engineering to down Bhandup plant's shutters, shift focus on Gujarat
  Rain Calcining in the black; reports Rs 1.19 cr net profit
  NRB Bearings Q1 net up 45.7% to Rs 2.39 cr
  Coates of India goes to Sun Chemicals as Totalfina sells off ink operations
  AstraZeneca's profit rises 6% to $2.06 billion in first half
  Volkswagen's New Beetle sales dip in US
  Williamson Magor bags Rs 50cr ICICI loan for its revamp plan
  MRL to offload 10% in Indian Additives to Chevron
  South Korean creditors turn down Daewoo recast plan
  Yahoo begins talks to buy ExciteAtHome
  HDFC sets aside Rs 200 crore for consumer finance
  RPG-Dholpur revises power project report
  Hyundai Santro sales soar in July
  SBI Home Finance appoints new managing director
  Philips staff-shareholders move CLB over unit sale
  Essar Steel appoints BankAM arm as adviser for FRN
  Grasim cottons on to pushing new blend
  Modicare offers network marketing jobs to Kargil widows
  HP unveils E-vision; new E-services line launched
  Briefing
  Micromedia to be hived off into separate firm
  CA to focus on local JVs in Indo-China belt
  STAR News goes pay, to attract flat rate of Rs 2 per subscriber
  Magic launches EnterpriseWise
  Aptech, NPC tie up to offer knowledge management solutions
  Briefing