![]() Financial Daily from THE HINDU group of publications Friday, July 22, 2005 |
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CORPORATE RESEARCH & DEVELOPMENT Industry-R&D linkage programme THIRUVANANTHAPURAM: The Government is launching a programme to strengthen the linkage between industry and research and development (R&D) institutions for mutual benefit. The event, styled `InduSearch', is being organised by the Kerala ... More ANNOUNCEMENTS GE Commercial to invest $63 m in Ascendas' IT parks fund GE Commercial Finance Real Estate has announced it will invest $63 million in a newly formed fund the India IT Parks Fund sponsored by business space provider, Ascendas Pte Ltd. Ascendas has also invested in the fund along ... More
Rico Auto ends pact with Ford
Ranbaxy gets tentative FDA nod for diabetes drug
Lupin launches anti-infective in US
Aurobindo gets European approval for APIs PREFERENTIAL ALLOTMENTS ADAE to invest Rs 2,300 cr in Reliance Capital ANIL Dhirubhai Ambani Enterprises (ADAE) will be infusing fresh equity capital to the tune of Rs 2,300 crore in Reliance Capital Ltd (RCL). The proposal for preferential allotment got the shareholders' approval at an extra-ordinary general ... More OVERSEAS BORROWINGS GDR era returns for Indian companies MOVE over Mumbai. Luxembourg, London, and Singapore are emerging as the preferred destinations for Indian corporates aiming to tap the financial market. And it is not by way of debt instruments alone, as ECBs and of late FCCBs are making way for ... More INSIGHT CNOOC's bid for Unocal Chinese strategy that tests US ideology The proposal of the Chinese National Offshore Oil Company to take over Unocal, the American energy firm, is turning out to be a litmus test of the US' commitment to market ideology. The deal is a part of China's strategy to diversify its resources an d not to seize US resources or assets. The gains to China by taking over Unocal may really be in the long term. K. Subramanian on the details of the Chinese bid. More COURTS/LEGAL ISSUES Kerala Govt to move Supreme Court against HC order on Coca-Cola plant licence THE State Government is planning to move the Supreme Court against the order of the Kerala High Court directing the Perumatty panchayat to renew the licence of Coca-Cola bottling plant at Plachimada in Palakkad district. The Local ... More
Reprieve for Essar Oil directors; HC extends stay in Peerless case MERGERS & ACQUISITIONS Leela group takes over Kovalam hotel; to spare Halcyon Castle THE Mumbai-based Hotel Leela Venture Ltd has announced the launch of The Leela Kovalam Beach, its first hotel in Kerala, following the takeover of Kovalam Hotels Ltd. Speaking to newspersons, Mr C.P. Krishnan Nair, Chairman, said: "I always ... More NEW PROJECTS Cement cos keen on tie-up with SAIL EOIs for plants at Bhilai, Bokaro LEADING cement companies such as Jaypee Cement, Shree Cement, Birla Corporation and the State-owned Cement Corporation are keen on joining hands with Steel Authority of India Ltd (SAIL) to set up joint venture cement plants at Bhilai and ... More
Indo-Malaysian venture to set up furniture plant in Chennai
Lanco coke oven plant begins production TRADE & LABOUR UNIONS NTC, workers reach pact COIMBATORE: National Textile Corporation Ltd (NTC) in Tamil Nadu has entered into an agreement with its workmen's unions on payment of interim wages for its workers employed in eight textile units in the State. As per the agreement ... More ALLIANCES & JOINT VENTURES HAL, Snecma sign pact for joint venture HINDUSTAN Aeronautics Ltd and the French aerospace major Snecma have announced the signing of a shareholders' agreement to formalise their 50:50 joint venture. The new company, yet to be named, will be based in Bangalore and will begin ... More BONUS ANNOUNCEMENTS OUTLOOK Sharp to launch electronic cash registers soon SHARP Business Systems will be launching electronic cash registers next month to tap the huge potential following a virtual boom in the shopping malls and retail business in the country. With automation sweeping the retail sector "our company ... More
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Looking back Jul. 10-Jul. 16 ONGC plans to invest Rs 10,000 cr in Mumbai High redevelopment Amul targets Rs 150-crore export turnover IOC, IBP boards to decide on swap ratio for proposed merger ONGC may no longer provide interest-free loans to OVL Centre may move CLB again for more directors on Morepen board Suzuki Motorcycle plans Indian launch in Oct with 125-cc bike |
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