Financial Daily from THE HINDU group of publications
Wednesday, August 31, 2005
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Financial Daily from THE HINDU group of publications Wednesday, August 31, 2005 |
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CORPORATE ANNOUNCEMENTS Saregama setting up master server with 3 lakh songs SAREGAMA India Ltd, the entertainment firm of the RPG Group, will be the first Indian company to set up a master server of three lakh songs, according to its Vice-Chairman, Mr Sanjiv Goenka. The company has already digitised 35 per cent of its ... More
Goldman ups stake in Suven
Reliance Energy to appoint separate CEOs for Delhi arms
Jaipuria consultancy arm
Taj-GVK Hotels to add rooms PREFERENTIAL ALLOTMENTS Sujana Metal to hike share capital HYDERABAD: Sujana Metal Products Ltd has proposed to increase the authorised share capital of the company from Rs 30 crore to Rs 45 crore, by creation of 1,50,00,000 equity shares of Rs 10 each. The company informed the BSE that the ... More
Cranes Soft board okays pref issue OUTSOURCING 
Textile mills to outsource from powerloom unitsTHE disaggregated Indian textile sector is moving towards consolidation of core competences. A beginning is being made with 11 of the bigger composite mills planning to outsource their weaving requirements to 15 independent weavers in the ... More COURTS/LEGAL ISSUES TNEB can levy extra charges for consumption during peak hours: HC THE levy by the Tamil Nadu Electricity Board of 20 per cent extra charges for electricity consumed by high tension industries during peak hours was "within the parameters of law," the Madras High Court has held. The board has several choices to ... More INFORMATION TECHNOLOGY 
From drawing board to vehicle rollout — Ashok Leyland to leverage multiple techASHOK Leyland plans to reduce time-to-market - from drawing board to a vehicle roll out - of new products to around 15 months from the present 18-36 months by leveraging multiple technologies, said a company official. "That's our target ... More RESTRUCTURING RPG Group to sell idle assets THE Rs 8,460-crore RPG Group is selling all its idle and non-performing assets, which include land and office space across the country, according to Mr Sanjiv Goenka, vice chairman of the group. He told reporters on Tuesday that an internal ... More MERGERS & ACQUISITIONS 
Trent acquires 76% stake in Landmark for Rs 103.6 crTRENT Ltd, the retail venture of Tatas, today announced that it has acquired a 76 per cent "strategic interest" in the Chennai-based privately owned books and music retailer Landmark and its subsidiary firms, for a consideration of Rs 103.6 ... More
Bajaj Hindusthan board okays 55% stake in Pratappur Sugar NEW PROJECTS Shree Renuka Sugars plans IPO to fund Rs 128-cr expansion SHREE Renuka Sugars Ltd is planning to make a public issue of equity shares at a premium aggregating Rs 100 crore with a green shoe option aggregating Rs 10 crore through a 100 per cent book building process. The IPO will meet part of the ... More
ALLIANCES & JOINT VENTURES NDTV to tie up with Malaysian broadcaster THE Prannoy Roy promoted New Delhi Television Ltd (NDTV) has decided to enter into an agreement with Astro Broadcast Corporation Ltd that proposes to establish a joint venture company to set up and broadcast 24-hour channels in South East Asia. ... More DIVERSIFICATION Pantaloon plans beauty parlours DIVERSIFYING its retailing initiatives , the Rs 650-crore Pantaloon Retail (India) is planning to start its own parlours at its Big Bazaar outlets. The company is targeting the middle class with its prices and offerings and its imminent foray ... More BONUS ANNOUNCEMENTS Himatsingka board to consider bonus issue, share split BANGALORE: Silk fabric manufacturer and exporter Himatsingka Seide Ltd has said its board of directors is meeting on September 7 to consider stock split and or bonus issue. The board will also consider raising funds through options such ... More OUTLOOK 
GE Healthcare expects growth from India-centric productsGE Healthcare Technologies, which expects to double its Asia revenues to $800 million in three years, expects growth to be led by its India-centric solutions and products. "The bulk of our revenues are from India, including exports and that ... More
After losing PetroKazakh deal, ONGC now turns to Ecuador
Flood damage to plant may dent Asahi India's financial performance PEOPLE PTC India to pull on without a chief for now A crucial board meeting of PTC India Ltd, scheduled for September 1 to take up the issue of the reappointment of its Chairman and Managing Director Mr T.N. Thakur, has been postponed indefinitely. The board of directors has to approve the ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Aug. 21-Aug. 27 Bigger companies face bigger fines — SEBI sounds warning on Clause 49 IOC posts cash loss in July; Aug to be no different TI to invest Rs 120 cr in capacity expansion — Seeks Korean tech for door frames High crude prices derail IndianOil Petronas' plan to set up LPG terminal Bharti in $125-m deal with Nokia for rural network expansion L&T to rebuild Kensington Oval in Barbados `Brand-repair' a major issue for drug cos: KPMG |
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