The Hindu Business Line : Sunday, August 21, 2005

Puma setting up Indian arm through Austrian subsidiary
GERMAN sports and lifestyle company Puma AG is in the process of setting up a wholly owned subsidiary in India for marketing and sale of its products. The company would undertake wholesale trading in various Puma brand footwear, apparels, ... More

Rolls-Royce launches Rs 3-cr Phantom
ROLLS-ROYCE Motor Cars plans to come out with a convertible version of the Phantom by 2007 and the version would have simultaneous launch in India along with the global launch. This was disclosed by the company's sole distributor, Mr Navnit ... More

ENVIRONMENT

Coca-Cola studying Kerala PCB order to close Plachimada unit
COCA-COLA has said that it is reviewing the directive issued on Friday by the Kerala State Pollution Control Board, ordering the closure of the company's unit at Plachimada in the State's Palakkad district. According to a press note issued by ... More

FIXED DEPOSITS

KSE offers attractive interest rates
KSE: Investors can consider adding the one- or two-year fixed deposit programme from KSE Ltd to their portfolio, given the attractive interest rates and the modest risks associated it. The company offers an interest rate of 8 per ... More

MERGERS & ACQUISITIONS

GAIL eyes stake in Central European gas pipeline project
GAIL (India) Ltd is likely to bag equity participation in the Rs 25,000-crore Nabucco natural gas pipeline project, a transnational 3,300-km pipeline from the Caspian Sea to Central Europe. According to a company communiqué, GAIL has sent an ... More

CORPORATE GOVERNANCE

Why companies should tell more
WITH stock prices on a relentless upward march there is concern in some quarters about the prevailing valuations. Given the very nature of equity instruments, it is difficult to be forthright in one's views; thus ... More

Bigger companies face bigger fines — SEBI sounds warning on Clause 49
He said that many had asked SEBI if it would dare to delist some of the larger companies, if they defaulted. The regulator would meet that challenge. The Indian market would "see some shocks," he said. More

SOCIETY & DEVELOPMENT

Tata Steel meets its `commitment' to Jharkhand
The Government of Jharkhand and Tata Steel on Saturday signed a lease renewal agreement for land in Jamshedpur. With this, the Chairman of the Tata group, Mr Ratan Tata, has met a "commitment" to partner the State in facilitating its development ... More

OUTLOOK

Shree Cement plans capacity expansion
SHREE Cement Ltd, the flagship company of the BG Bangur Group, has set a target of increasing its annual production capacity to 10 million tonnes by the end of 2010. At present, the annual capacity of Shree Cement, based in Rajasthan, is three ... More

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