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Wednesday, February 25, 2004

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ACCIDENTS
Bodies of 2 Tata Steel miners recovered
THE bodies of two of the three Tata Steel employees who were trapped inside the Jamadoba coal mine were recovered today, according to company sources. At the time of writing this report, dewatering was on at the accident site and trained ... More

ANNOUNCEMENTS
Lupin forays into branded generics in US
THE Mumbai-based Lupin Ltd is set to tread where few Indian companies have gone before — the branded finished products market in the US. Armed with the regulatory approval for antibiotic Cefixime in the suspension form — Lupin is ... More

L&T bags Rs 1,006-cr ONGC project order
LARSEN & Toubro has won a turnkey project order valued at Rs 1,006 crore from Oil and Natural Gas Corporation for nine new wellhead platforms. The platforms, said the company press release, are expected to boost oil output from Mumbai High ... More

Dr Reddy's files drug application with USFDA
DR Reddy's Laboratories Ltd on Tuesday announced that it had filed an abbreviated new drug application (ANDA) with the US Food and Drug Administration (USFDA) for amlodipine besylate tablets 2.5, 5 and 10 mg, with a paragraph-IV certification on ... More

OUTSOURCING
Printing sector sees scope for outsourcing from West
AFTER information technology and health sectors, it is printing technology that's counting on huge potential for outsourcing from the West. According to Mr P. Hanumanth Rao, President of Hitech Printers Association (AP) and Chairman of Pragathi ... More

CORPORATE GOVERNANCE
SEBI to encourage disclosure of corp governance rating
THE Securities and Exchange Board of India will encourage companies to disclose their corporate governance rating, though it will not be made mandatory, according to Mr G.N. Bajpai, Chairman, SEBI. It is important to develop an instrument by ... More

ALLIANCES & JOINT VENTURES
NTPC, Gujarat Govt pact for power project at Pipavav
NATIONAL Thermal Power Corporation (NTPC) has recently entered into a Memorandum of Understanding (MoU) with Gujarat Government to set up a 2,000 MW power generation project at Pipavav, Gujarat. The project will operate on liquefied natural gas ... More

OUTLOOK
MRPL aims for `zero' exports next fiscal
THE country's second largest petroleum products exporter is aiming for an "exports-free" financial year 2004-05. Mangalore Refinery and Petrochemicals Ltd, which exported 1.9 million tonnes of products in nine months ended December 31, 2003, ... More


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Top Stories
Customs collection target in sight; excise may be hit


L&T bags Rs 1,006-cr ONGC project order

Will Asian central banks buy gold?

Banks fight shy of funding IPOs

Digital radios for fishermen

Rationalisation of small savings schemes planned

Drought may hit Maharashtra grapes output

Govt okays restructuring of officer cadres in major ports

Looking back
Feb. 15-Feb. 21
Select telecom schemes `discriminatory': TRAI

ICAI okays 'auditing, assurance standard'

FERA cases against ITC dropped

Rising costs rob HLL numbers of gloss

Tata Coffee to focus more on value-added segment

Increasing car production capacity — Tata Motors steps on the gas

GAIL to raise $100 million through ECBs by June


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