Tata Honeywell, Group 4 Securitas JV takes off
Tata Honeywell's 50:50 joint venture with Group 4 Securitas has become operational. The new company, Central Monitoring Services India Private Ltd (CMS India Ltd), will be setting up six central monitoring stations across the country, the first of which will open on July 6.

Ispat cheques to MSEB worth Rs 22 cr bounce
The Ispat group's four cheques totalling Rs 22.65 crore issued to the MSEB this week has bounced, it is reliably learnt. These cheques, which were issued to MSEB's Pen circle, have been sent to its headquarters at Bandra, Mumbai.

Ford wins rights for Daewoo, now comes the hard part
Ford Motor Co won the exclusive right to negotiate the purchase of South Korea's Daewoo Motor, putting itself in position to boost its market share in Asia by 50%, seize a foothold in Eastern Europe and, perhaps, shake its global No. 2 label.


  Cumi board okays proposal to buy back equity
  Briefing
  Balaji Industrial Corp net zooms 153% to Rs 13 cr
  Sujana Industries 18-month net soars 49 per cent
  RIL raises BSES open-offer price to Rs 255 a share