The Hindu Business Line : Sunday, January 09, 2005

NTPC plans entry into power transmission
NATIONAL Thermal Power Corporation (NTPC) is planning to spread its wings across the entire value chain in the power sector by getting into the transmission business, the only major area in the sector where the company does not have a ... More

BHEL bags NEEPCO order for Rs 241-cr hydroelectric project
BHARAT Heavy Electricals Ltd (BHEL) has secured a Rs 241-crore order for setting up the 600-MW Kameng hydroelectric project in Arunachal Pradesh. The order for the 4x150 MW plant placed by North Eastern Electric Power Corporation Ltd (NEEPCO) ... More

`Lack of policy stability' — Thomas Cook defers outbound charters plan
THOMAS Cook (India) Ltd has put on hold its plans to commence outbound charter operations from India. The travel company had planned to commence outbound services between Mumbai and London from early this year. The addition of a number of ... More

MMTC to drop plans to rope in partner for Neelachal Ispat
MMTC has decided to roll back its plan to rope in a strategic partner in Neelachal Ispat Nigam Ltd (NINL) through the open bidding route. The development will virtually put an end to the MMTC's plan to expand NINL's capacity from 1.1 million ... More

PREFERENTIAL ALLOTMENTS

Suryalata to issue pref equity shares

OPEN OFFERS

Rajasthan Spinning makes open offer for Jaipur Polyspin
RAJASTHAN Spinning and Weaving Mills Ltd, has announced an open offer for an additional 20 per cent stake in Jaipur Polyspin Ltd (JPL).The offer, currently open, closes on January 18 and follows acquisition of 60 per cent stake of Jaipur ... More

CORPORATE DISPUTES

Reliance: Will the battle be resolved on home turf?
YET another mysterious chapter unfolded in the Ambani brothers' squabble last week as reports came in of a possible settlement between the two brothers. The reports, unconfirmed yet, spoke of a settlement having been ... More

`Ambanis not in a hurry to split'
THERE appears to be some sort of go slow in the Ambani family feud on Saturday. There was little dust. And though it may be debatable whether to call it reconciliation mood yet, the heat was certainly a little less, at least as it appears to ... More

Hearing of plaint against R.S. Lodha adjourned
THE Court of Chief Judicial Magistrate, Alipore, on Friday adjourned the hearing of the complaint petition filed by Mr R.P. Pansari, ex-Hony Secretary of the three charitable institutions set up by M.P. Birla, against Mr R.S. Lodha till February ... More

FIXED DEPOSITS

Sundaram Finance — Park here for safety
INVESTORS can consider the fixed deposit programme of Sundaram Finance. The interest rates it offers are not as attractive as that offered by other manufacturing companies, but they do come at a lower level of risk. ... More

ALLIANCES & JOINT VENTURES

Persistent to partner with Microsoft for RFID solutions
THE Pune-based Persistent System has been invited by Microsoft Technologies to be part of its newly formed Radio Frequency Identification (RFID) Council where it will be among the small group of vendors who will advise the company and its clients ... More

PEOPLE

BPL names board nominees for joint venture with Sanyo
CONSUMER durables maker BPL Ltd has named Mr Viswanath Nambiar and Mr Ranjit Shah as its nominees on the board of its planned colour television venture with Japanese gadget maker Sanyo. The Nambiar family scion, Mr Ajit Nambiar, will be the ... More

Sharma, CMD of Mahanadi Coalfields

Scoreboard
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
NRIs urged to invest in `other India'

Bank credit up Rs 13,643 cr

Tourist arrivals in December up 23 pc

In Focus

BHEL Disinvestment

The Yuan Revaluation

Dabhol power regenerated

Tracking the rains