Tata Coffee reappoints Hameed Huq as MD
Tata Coffee on Monday said it has reappointed Hameed Huq as managing director for next one year. In a filing to the BSE, the company said its board, in meeting on December 14, reappointed Hameed Huq as the managing director for a period of one year starting January 3, 2013. Tata Coffee, a subsidiary of Tata Global Beverages, is one of the Asia's largest coffee plantation company. It produces around 10,000 tonnes of coffee from its 19 estates in South India and its 2 instant coffee manufacturing facilities have a combined installed capacity of 6,000 tonne.
JSW, JFE ink agreement to produce electrical steel
Sajjan Jindal-promoted JSW Steel said on Monday it has signed a joint venture agreement with Japan's JFE Steel Corporation for producing non-oriented electrical steel sheets or CRNGO. As part of the agreement, JFE will provide technology for the production. The Japanese company already holds a 15% stake in JSW Steel.
Amul to set up R140-crore dairy unit in Thane
Milk giant Amul will soon set up a dairy unit in Thane district of Maharashtra. The first unit will come up in the Vasai area, Amul general manager K Ratnam said. The Rs 140 crore plant will collect around 10 lakh litres of milk daily, Ratnam said addressing a function organised by the Institute for Psychological Health (IPH) here. Amul had sometime back set up a small unit at Rajgurunagar in Pune district of Maharashtra, but now they will be setting up a larger unit in Vasai, he said.
Taj Group opens first hill station hotel in Coorg
‘Vivanta by Taj Hotels & Resorts’ on Monday announced its first hill station hotel in Coorg, about 247 km from here. This is the 25th property of the Taj group to be opened under the new brand launched in 2010, it said, adding it's situated at an altitude of 4,000 ft within 180 acres of sub-tropical rainforest. Raymond N Bickson, MD & CEO, Indian Hotels Company, said: “Vivanta by Taj & Madikeri, Coorg is Taj Group's first hill station hotel.”
Suzlon wins 105 Mw order in Canada
Suzlon Group subsidiary, REpower Systems SE, announced on Monday it has concluded a contract with wpd Europe GmbH, a subsidiary of project developer wpd AG, for the delivery of 51 wind turbines. As part of this, a service and maintenance agreement (ISP) for a total of 15 years for the new projects was also