![]() Financial Daily from THE HINDU group of publications Tuesday, August 05, 2003 |
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CORPORATE RESEARCH & DEVELOPMENT JB Chem to set up research unit in Pune THE Mumbai-based pharma firm, JB Chemicals & Pharmaceuticals Ltd proposes to set up a research and development unit at Pune with an investment of Rs 40 crore. The unit, which is funded entirely through internal accruals, will be completed in ... More ANNOUNCEMENTS GSPC ties up Rs 300 cr for exploration GUJARAT State Petroleum Corporation Ltd (GSPC) has tied up funds to the tune of Rs 300 crore for its oil and gas exploration activities. The funds have been provided by a consortium of banks led by State Bank of India, to meet the company's ... More
BHEL bags Hind Zinc order for 154-MW power plant
Indal shuts down smelter unit
Tata Tea seeks nod for adjusting accounts
PREFERENTIAL ALLOTMENTS Transgene Bio okays preferential issue allotment TRANSGENE Biotek Ltd has informed the stock exchanges that its board at its meeting held last week has approved the allotment of 10 lakh equity shares of Rs 10 each at a price of Rs 60 per share along with 10 lakh fully convertible warrants of Rs ... More CORPORATE DISPUTES Heart centre divestment Status quo likely till Nandas find common ground STATUS quo is likely to be maintained on the issue of divestment of equity in Escorts Heart Institute and Research Centre (EHIRC) till such time that the deadlock between the Nanda brothers is "amicably" resolved. With Mr Anil Nanda, ... More OVERSEAS BORROWINGS Tata Motors issues convertible notes TATA Motors has informed BSE that the company has issued one per cent convertible notes due in 2008 convertible into ordinary shares or global depository shares aggregating $100 million (including over-allotment of $10 million in the ... More COMPANY LAW Cos Bill bumpy with speed breakers, says CII economist HAS the Companies (Amendment) Bill, 2003 become a bone of contention between the Department of Company Affairs (DCA) and India Inc? That's what it seems like with the corporate sector being unanimous in its view that `some provisions of the ... More AWARDS & HONOURS COURTS/LEGAL ISSUES Calcutta HC allows ICI writ plea in Excise case MR Justice Amitava Lala of Calcutta High Court has allowed the writ petition of ICI India Ltd making the entire order absolute. The Collector-I, Central Excise, Calcutta II had issued a show-cause notice to ICI about use of certain items for ... More RESTRUCTURING Liberty Shoes begins recast AIMED at taking advantage of the consolidated resources of the group companies, Liberty Shoes Ltd (LSL), the Rs 72-crore footwear manufacturer, has initiated the process of restructuring of its operations. LSL has in its group other partnership ... More
Lanco okays Kalahasthi Cast amalgamation MERGERS & ACQUISITIONS Mallya set to buy out Chhabria's stake in Herbertsons THE UB group Chairman, Mr Vijay Mallya, confirmed an impending settlement with Mr Kishore Chhabria to buy out the latter's shareholding in Herbertsons Ltd. Mr Mallya is scheduled to meet Mr Chhabria in Mumbai on Tuesday in a bid to end the ... More
SB&T promoters to hike stake through creeping acquisition NEW PROJECTS
Tata Power plans 500-MW plant in MaharashtraTATA Power Company plans to set up a 500-MW green field power plant in Maharashtra, the company Chairman, Mr Ratan Tata, told shareholders on Monday. The company is studying sites in Chandrapur and Mahad districts, Mr Tata said at the annual ... More
Samtel to make Rs 5.3-cr investment in 2 cos ALLIANCES & JOINT VENTURES
DaimlerChrysler, CSIR join hands for fuel project To develop bio-diesel from jatropha plantsAUTOMOBILE giant DaimlerChrysler and the Council for Scientific and Industrial Research (CSIR) have joined hands for a project to develop bio-diesel from jatropha plants as an environment-friendly alternative fuel for automobiles. The five-year ... More INTERVIEW
`Indo-Canadian trade will witness upswing in the near future'BILATERAL trade and collaborations between India and Canada will witness an upswing in the near future with a changed perception about business climate, increased visits by high-level delegations and heightened interest among Canada's small and ... More SICK UNITS OUTLOOK
Honda firms up plans for small carIT could be a toss-up between Life and Jazz as Honda firms up plans to launch a small car in India. "We are seriously looking at the `B' segment. We have already commissioned a study in this respect," the Honda Siel Cars President and Chief ... More NEW PRODUCTS & SERVICES
Wockhardt launches indigenous human recombinant insulinSWEET news for diabetics. Domestic Pharma major, Wockhardt today unveiled the first indigenously produced recombinant human insulin, which will be substantially cheaper than the imported products. The insulin branded as Wosulin ... More
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Top Stories In Focus The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Jul. 27-Aug. 2 UB Spirits offers to share profits with executives Suzuki takes joint venture route for 2/3 wheelers Pharma cos upbeat on BPO opportunities: Ranbaxy CEO HLL: Regaining health, but gradually Tata Chem sees growth in knowledge chemicals |
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