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Hero Honda appoints Anand Burman as non-executive director
Hero Honda has appointed Anand Burman, chairman, Dabur, as non-executive and independent director, the company said in a statement to the stock exchanges. This is with effect from January 13.

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Gulf Oil enters into agreement with Biocon to sell pharma biz
Hinduja Group company, Gulf Oil Corporation today said its subsidiary has entered into an agreement with Biocon to sell its Active Pharmaceuticals Ingredients (API) undertaking, for an undisclosed amount.

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Govt to complete 3G auction by March-end
The government today said radio wave auctions for third generation mobile phone services, or 3G, will be completed by end of March.
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Future Group expands menu; to set up hotels in next 6 mths

Kishore Biyani-led Future Group is planning entry into hotel business and may set up the first one in the next six months. - Future Value Retail to start functioning from Jan 1 - 2009: Organised retail feels recession pangs - Even as sales recover, retailers continue working on costs - Future Group to bring financial service businesses under JV - Pantalooon Retail raises Rs 500 cr via QIBs - "Take loan, will grow" model led to Vishal"s big fall "We will set up hotels in the Indian style where people can get indigenous food," Future Group Chairman Kishore Biyani said at a conference here. The first hotel will come up in Raipur within the next six months, he said. The Group also plans to set up consumer and entrepreneur training schools and the first among them would come up in Mumbai"s outskirts. "We will start three-four consumer and entrepreneur training schools in the country within a time span of 6-8 months. The first among them will come up in the outskirts of Mumbai. Our plan is to implement an innovative model of training in these schools," Biyani said.


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