MNC’s plan in cement

New Delhi, March 18: German cement manufacturer Heidelberg will set up a greenfield plant in Gujarat with a manufacturing capacity of 2 million tonnes per year. The decision is part of the company’s plan to expand its activities in this country and raise the cement manufacturing capacity to 10-15 million tonnes by the next four years, a company release said.

Sebi move

New Delhi, March 18: Sebi is likely to consider modalities for short selling of shares by institutional investors at its board meeting in Mumbai on March 22.

Bajaj board

New Delhi, March 18: The board of Bajaj Auto met yesterday, but did not discuss the issue of demerger. Meanwhile, the company has moved the Supreme Court, challenging an order of Bombay High Court that refused to revive uti’s bonus scheme.

Rabobank

Mumbai, March 18: Rabobank International, is betting big on the Indian telecom and media segments, which it says are on the threshold of an explosive growth over the next two to three years.

3G spectrum

New Delhi, March 18: The department of telecom recently did some stock taking on the status of its 3G spectrum.