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Sunil Jain: Don't dial this merger
Sunil Jain / New Delhi July 27, 2009, 0:41 IST

Suzlon shifts global HQ ops back to India
The world’s third largest wind energy turbine maker, Suzlon Energy, has shifted most of its management operations back to its headquarters in Pune.

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Piramal Life Sciences to invest Rs 200 cr in R&D
Piramal Life Sciences, a research and development (R&D) arm of Piramal Group is investing Rs 200 crore in the next two year"s period for its ambitious programme to discover and develop new chemical entitities (NCEs) and Novel Drug Delivery Systems (NDDSs), a top company official said here.
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Bosch develops diesel engine for Nano

The German auto component major Bosch today said it developed a special diesel engine in partnership with Tata Motors, the makers of the Rs 1-lakh car Nano. - Bosch to invest Rs 2,000 cr in India by 2012 - Tata to compensate Singur vendors" losses - Nano vendors will shift to Sanand by March - Bosch Q3 net rises 23% at Rs 195 cr - Bosch group manages only a third of year-long buyback target - Reliability testing centre launched "We have developed the 1.1-CRS (common-rail system) for the Tata Nano diesel (version). The system will also be produced locally," Bosch Automotive Group chairman Bernd Bohr told reporters here today. He said the company has partnered the Tata Nano project for the front and rear drum-brakes, the starter, the alternator and fuel injection system, which could help reduce the number of components required in the world"s cheapest car commercially launched last March by the country"s largest automobile maker. "The reduced number of components required for both these systems makes it possible to keep costs low," he said, adding "thanks to the efforts of our international team of engineers, we have developed a broad portfolio of systems and components for the Nano." The company said despite the recession in global markets, it has invested over three billion euros (Rs 20,000 crore) in 2009 particularly in developing technologies for the low-priced vehicles to improve fuel efficiency. Bohr said the growth of Indian automobile industry would be primarily be driven by the diesel engines. "The diesel engine is set to see strong growth in Asia"s emerging markets, and will be particularly in demand in India," he added.


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