Financial Daily from THE HINDU group of publications
Thursday, July 28, 2005
Markets (July 27)
BL 2502342.44 (+10.63)
BSE Sensex7605.03 (+52.26)
S&P CNX Nifty2319.10 (+15.95)
US Dollar (Buy/Sell)43.40/43.54


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ACCIDENTS


Fire destroys ONGC rig near Mumbai; several feared dead
A MAJOR fire broke out on Wednesday at ONGC's offshore oil platform near Mumbai, completely destroying the platform. A PTI report, quoting the Union Petroleum Minister, Mr Mani Shankar Aiyar, said several people were feared dead in the ... More

ANNOUNCEMENTS


Production work at Asahi's Taloja factory stalled
THE production work at Asahi India Glass's Taloja factory near Mumbai has been completely stalled due to unprecedented rainfall in the State. Water has flooded key electrical and oil utilities causing energy starvation at the plant, according to ... More

RESTRUCTURING


Corporate debt restructuring plan — Duncans hopes to get Rs 62 cr from FIs, banks soon
DUNCANS Industries Ltd, the flagship company of Mr G.P. Goenka, is expecting to get the banks and FIs' contribution of Rs 62 crore by this weekend, as specified in the corporate debt-restructuring (CDR) scheme. Meanwhile, the company has ... More

DIVERSIFICATION


Rossell Tea plans diversification
IN an effort to insulate the annual performance of the company from the vagaries faced by only one commodity, Rossell Tea Ltd, belonging to Mr Harsh M. Gupta, is mulling diversification into several other industries. While Rossell Tea has ... More

OUTLOOK


Oberoi group keen on projects in Thailand, Cambodia, Dubai
EIH Ltd, a member of the Oberoi Group, is now negotiating for suitable greenfield hotel projects (through the management contract route) in Thailand, Cambodia and Dubai — the three places where the Group does not have a presence. The ... More

Berger Paints to commission Russian plant in May 2006
BERGER Paints India Ltd is expecting to commission its decorative paints manufacturing unit in Russia in May 2006. The $2-million facility at Krasnadar in South Russia, promoted by Berger Cyprus, is a wholly-owned subsidiary of Berger India. ... More


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Top Stories
Is Konkan belt next on the hit list?


Poor infrastructure hinders investment in India: KPMG

Offshoring: `Separate roles for India, China'

Firmness in gold prices temporary

Infrastructure sector grows 10.2 pc in June

Cashew exports may be hit on withdrawal of benefits

Tata Steel net up 24 pc

Heavy provisions, loss on investments sale — Andhra Bank Q1 net falls to Rs 85 crore

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jul. 17-Jul. 23
Rakesh Jhunjhunwala to acquire 13.5% in Viceroy Hotels

Centre may tone down its powers in proposed CA Bill

Merck returns to India — To invest $15 m; focus on sales, R&D


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