Tata Engineering, Peugeot-Citroen plan to jointly develop new car model Tata Engineering and Peugeot-Citroen are looking at jointly developing a three-box sedan targeted at the Honda Accord segment and priced in the Rs 12 lakh to Rs 15 lakh range. Raymond plans buyback at Rs 160 a share from market Raymond Ltd is likely to take the market route for its share buyback plan as against going in for the open offer route. Seven non-executive directors on revamped Thermax board Thermax Ltd has reconstituted its board with the induction of seven non-executive directors. Company chairperson Anu Aga has inducted four new faces on the board as independent directors. BAI stops construction work to protest against price hike; 15,000 workers hit Cummins India MD steps down Polar show Elder Healthcare opts for 30 is to 70 venture with Singapore firm Usha Beltron plans marketing outlets in southeast Asia Bombay High Court lets MSEB to withdraw Rs 30 crore from MERC account Delay in payment to Tata Power by BSES will defer board's realisation Godrej Agrovet in pact with HLL to buy 74% in GFFL Ranbaxy net down 8.1% Morepen Labs 9-month net at Rs 63 cr Pannier Trading to be merged with KMFL Kotak Group nine-month profit at Rs 49.2 crore Honeywell ties up with RPG firm for lab chemicals sales IOC dilly-dallies on Paradip project Briefing Cisco to pump in $10m to set up research centre Industry leaders concerned over shortage of skilled IT workers
feedback@financialexpress.com