Financial Daily from THE HINDU group of publications
Wednesday, October 20, 2004

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Priority for infrastructure, Manmohan tells investors — Transparent regulatory framework soon
"The development of ports in West Bengal, Orissa, Andhra Pradesh and Tamil Nadu can re-build maritime links of the Coromandel Coast with South-East Asia. More

Citigroup to acquire ABN Amro businesses
CITIGROUP Inc will soon acquire ABN Amro's direct custody, securities clearing and fund services business in the European and Asian markets. The transaction includes ABN Amro's domestic custody business in the Netherlands and its network ... More

Jindal South to buy controlling stake in Siscol
THE Jindal South West Group is set to acquire a controlling stake in the Southern Iron & Steel Company Ltd (Siscol), promoted by the Coimbatore-based Lakshmi Machine Works (LMW) group, according to sources in the know. Siscol has informed the ... More

Crisil buys Irevna for Rs 43 cr
RATING agency Crisil Ltd has acquired the Chennai-based research firm Irevna for an initial cash payment of about Rs 43 crore. A Crisil press release said here that it signed a memorandum of understanding on Tuesday to acquire 100 per cent ... More

Exide to power Afghanistan with its wind, solar energy
EXIDE Industries is entering Afghanistan through the wind and solar energy route, a sector the company had entered two years ago. The entry has been fuelled by the insatiable appetite of the Afghans for Hindi films and the total absence of any ... More

New class of ICs with varied applications
A NEW class of digital integrated circuits (ICs), the hot pursuit of research driven, global chip technology companies, could well emerge as alternatives to the traditional ICs, offering more efficient and cost effective embedded computing power ... More

Tata Chemicals posts higher net in Q2 at Rs 87.19 cr — Bangladesh venture to cost $450-500 million
TATA Chemicals' proposed one-million-tonne urea plant in Bangladesh, part of the Tata group's recently announced $2-billion investment package in that country, could cost $450 million-$500 million. Mr Prasad Menon, the company Managing ... More

Late-hour buying props up Sensex
THE market rallied towards the end of the day's trading, after trading in a narrow range earlier in the day, to settle at 5738.11 points, a gain of 58.28 points or 1.03 per cent. In the course of this rally, the markets also tossed the two-day ... More

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