± Tata Motors global sales declined nearly one per cent in June to 89,846 units as against 90,702 units in the same month last year.(BS)
± GAIL (India)
Ltd plans to use its Singapore-based investment arm for LNG trading.
This move will make LNG sourcing cost-effective for GAIL as it can
benefit from tax implication, while the domestic consumers will get LNG
at competitive rates.(BL)
± TVS & Sons
is bullish on the spare parts business. The company, which entered into
spare parts retail business under TVS Partsmart outlets in Tamil Nadu
two years ago, is spreading wings to other states and will soon open
retail outlets in Andhra Pradesh, Karnataka and then in other parts of
the country.(BS)
± The Pimpri Chinchwad New Town Development Authority has cancelled a multi-crore project of DB Realty.(BS)
± Future Ventures
has bought 5.14 per cent stake in its subsidiary Indus League Clothing
(ILCL) from two of its existing shareholders for an undisclosed amount.
(BS)
± COAL India Ltd
plans to induct about 3,000 executives this year and 1,500 each over
the next three years through departmental promotions, open selection and
campus recruitments.(BS)
