The Hindu Business Line : Monday, May 02, 2005

ONGC completes project before schedule
THE first phase of the 9-well platform project, of ONGC's Mumbai High Asset, has been completed successfully before its schedule of April 15, according to a company communiqué. This is a part of the ONGC's redevelopment plan - to enhance ... More

More TVS StaR variants likely
TVS Motor Company will be coming out two or more variants of TVS StaR, depending on the success of its second variant TVS StaR Deluxe, Mr Prasad Narasimhan, Vice-President, Marketing, TVS Motor Company said. The company introduced the Deluxe ... More

Madhucon Projects pacts with Malaysian, Chinese cos
MADHUCON Projects has entered into joint ventures with the Malaysia-based Binapuri Holdings Bhd and the China-based Sino Hydro Corporation for highway and irrigation projects. In the last five months, the company received orders worth over Rs ... More

CORPORATE DISPUTES

Alleged breach of Company Law — Reliance under Ministry scanner
WITH a settlement process between the Ambani brothers yielding little results and allegations of violations of company law resurfacing, the Ministry of Company Affairs said it was keeping a close watch on the developments in the Reliance Group. ... More

OVERSEAS BORROWINGS

Teledata sets aside Rs 180 cr to buy US-based cos
CHENNAI-BASED Teledata Informatics Ltd has set aside Rs 180 crore ($40 million) to acquire three US-based companies during the current financial year. Two of these acquisitions are slated to get over by June this year. The acquisitions will be ... More

AWARDS & HONOURS

May Day awards presented to cos in AP
DR Reddy's Laboratories, GMR Industries and Samkrg Pistons and Rings are among the leading corporates which have been bestowed with the May Day, Best Management Award for the year 2005. The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara ... More

MANAGEMENT

Cooperation among industries sought to explore new business
THE All-India Management Association (AIMA) in association with Boston Consulting Group (BCG) organised a National Management Forum on "India's New Opportunity-2020" here. Speaking at the forum, Mr Sudhir Jalan, Senior Vice-President, AIMA, ... More

MERGERS & ACQUISITIONS

NTPC scouts for partners to acquire coal mines abroad
NATIONAL Thermal Power Corporation Ltd (NTPC) is scouting for partners to acquire coal mines abroad. The Rs 25,964-crore company, which accounted for 27 per cent of the power generated in India last year, wants to integrate itself — ... More

OUTLOOK

Yamaha plans to expand product portfolio — Targets growth of 10-15 per cent
YAMAHA Motor India, a 100 per cent subsidiary of Yamaha Motor Co Ltd, Japan, is planning to expand its product portfolio in order to accelerate its sales in the current year. The company plans to roll out new variants (which would include a ... More

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