CORPORATE
FOREX
India Inc’s experiment with derivatives
What could be common between Barings Bank, Long Term Capital, Berkshire Hathaway and Indian companies such as ICICI bank, Wockhardt and Varun Shipping? All these companies have, in some way or the other, found themselves on the wrong side of ...
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RESTRUCTURING
Ramsarup sees ‘huge savings’ post merger
Kolkata, May 17 Ramsarup Industries Ltd, the second largest steel wire manufacturer in the country after Tata Steel, is looking at saving an estimated Rs 275 crore a year in raw material costs after merging its group company Lohh Udyog with ...
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OVERSEAS INVESTMENTS
Atlas Lab eyes buyouts in US, UK
New Delhi, May 17 In a bid to expand its footprint into the international market, Atlas Laboratories and Pharmaceuticals Ltd (ALPL) is mulling acquisitions in the US and the UK. The company, which had started out as a contract ...
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SOCIETY & DEVELOPMENT
‘Employ differently-abled people, Govt will pick up the EPF, ESI tab’
New Delhi, May 17 The Finance Minister, Mr P. Chidambaram, has urged industry to employ at least 1,00,000 differently-abled people before the end of the year and promised that the Government will pick up the tab of the employee provident ...
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OUTLOOK
Limited trading gains dampen corporate wheat purchases
All big players reduce procurement by 80-90% this year
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VA Tech Wabag on expanding track; orderbook at Rs 2,000 cr
Plans to handle engineering services for global operations out of India
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