The Hindu Business Line : Tuesday, March 15, 2005

Taj bid to garner chunk of holidaymakers
"The company has tied-up with all the major airlines and will offer competitive prices for all-inclusive packages for the season." More

AP Paper Mills board okays issue of equity to IL&FS
ANDHRA Pradesh Paper Mills Ltd has informed stock exchanges that its board of directors has approved the issue of equity shares to IL&FS Trust Company Ltd and IVC Employees Welfare Trust for an amount not exceeding Rs 1.01 crore. An increase ... More

NCCL gets orders worth Rs 212 crore
NAGARJUNA Construction Company Ltd has secured two new orders worth Rs 212 crore from the Andhra Pradesh Government for execution of irrigation projects under turnkey basis, according to a company press ... More

Madhucon bags Rs 395-cr order

INSIGHT

Surviving change — Looking beyond the `here and now'
If the management itself adopts "here and now" strategies, managing change can be a miserable process, and the conglomerate can start cracking up. More

HOTELS

Hotels eyeing expansion in low-cost segment
WHILE the no-frills airlines with their low-cost business models made a splash in the market last year, 2005 has begun with something of a bang for the economy hotel segment. Two hotel chains have so far announced expansion plans in the ... More

MERGERS & ACQUISITIONS

NIF suggests measures to protect minority shareholders in M&As
NATIONAL Investors Foundation (NIF) has, in a presentation before the Dr J.J. Irani Committee, recommended that a price discovery mechanism coupled with an exit option be provided to dissenting minority shareholders in case of merger of two ... More

Sony Entertainment to acquire SAB TV brand for Rs 57 cr
SET Satellite (Singapore) Pte Ltd, which owns the Sony Entertainment and Max Channels, is to acquire the SAB TV brand. Sri Adhikari Borthers Television Network Ltd (SABTNL) today informed the BSE that SET Satellite Singapore would pay $13 ... More

INTERVIEW

`We'll take a final call on capacity expansion by 2006-end'
BIFURCATION of Eveready Industries India Ltd, the flagship company of Mr B.M. Khaitan, which was being discussed for long, is finally over. While Eveready Industries would concentrate on battery, torch light and packet tea business, the newly ... More

SOCIETY & DEVELOPMENT

Satyam to back health centre

IPOS

Jaiprakash Hydro-Power public issue opens on March 22
JAIPRAKASH Hydro-Power Ltd (JHPL), a 100 per cent subsidiary of Jaiprakash Associates Ltd (JAL), is coming out with a public offer of 18 crore equity shares through the book building process. The price band has been fixed at Rs 27-32 per share ... More

SICK UNITS

Kerala CM holds meet on Indal unit
THE Chief Minister, Mr Ommen Chandy, has offered to help the Indian Aluminium Industries (Indal) of the Aditya Birla Group at nearby Eloor for reopening its smelter unit, which has been shut down for the past 19 months. The meeting called by ... More

OUTLOOK

Wipro Consumer bets big on `wellness' segment — Begins test-marketing of honey in Mumbai
After acquiring Glucovita from Hindustan Lever two years ago and then launching Wipro Sanjeevani Isabgol (laxative) last year, the company has begun test marketing its third over-the-counter (OTC), wellness product - honey - in Mumbai this ... More

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