Financial Daily from THE HINDU group of publications
Wednesday, October 19, 2005
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Financial Daily from THE HINDU group of publications Wednesday, October 19, 2005 |
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CORPORATE ANNOUNCEMENTS Emami Paper to invest Rs 350 cr to raise capacity EMAMI Paper Mills Ltd (EPM), one of the major domestic newsprint manufacturers, has finalised a Rs 350-crore investment plan to increase its daily production from 150 tonnes to 400 tonnes by December 2006. The additional capacity will be created ... More
Bridge & Roof in talks for jt venture projects
COMPANY LAW Regulators may have say on more independent directors — Company Law to set minimum number THE Ministry of Company Affairs is veering round to the view that the new Companies Act should prescribe a minimum number of independent directors, with the proviso that sector-specific regulators could prescribe a higher number of such directors ... More AWARDS & HONOURS Reliance's Hazira unit bags US award RELIANCE Industries Ltd's (RIL) - Hazira manufacturing division, has won the 2005 ASTD BEST Award from the American Society for Training & Development (ASTD), a Virginia, US-based association dedicated to workplace learning and performance ... More INSIGHT A wave of internationalisation of R&D Transnational corporations have come a long way from the conventional norm of retaining proprietary assets within the company (or group). They are no longer coy maidens who hide their assets in their home country; they have seen a greater openness in recent years. This paradigm shift brought about by digitisation has led TNCs to use `asset-augmenting' approaches to complement their earlier `asset-exploiting' strategies. More COURTS/LEGAL ISSUES We are no more the owners, says NTC Chairman FOR the sick textile monolith National Textile Corporation (NTC), which was striving hard to sell its surplus lands held under its closed textile units in Mumbai for the last 5-years or so, it has been rough road all the way. The sale of five ... More
Indiabulls to appeal against HC order
NTC may appeal to SC, says Textiles Secy MERGERS & ACQUISITIONS NEPC India shareholders to get 12.5 shares in new company for every 100 SHAREHOLDERS of NEPC India will get 12.5 shares in the newly formed special purpose vehicle, Southern Windfarms Pvt Ltd, for every 100 shares held in NEPC India, the Managing Director of the company, Mr Tirupathi Khemka, told Business Line ... More
Tata Steel buys coal property in Australia
SPIC hikes stake in SPEL Semiconductor NEW PROJECTS Bannari Amman Sugars to expand capacity at Karnataka BANNARI Amman Sugars Ltd, which has two sugar factories — at Sathyamangalam in Tamil Nadu and at Alaganchi village near Nanjangud in Karnataka — is in the process of expanding the Karnataka unit to 7,500 TCD (tonnes of cane crushing ... More
TRADE & LABOUR UNIONS Strike halts production at Grasim plant in Karnataka MANUFACTURING activities at Grasim Industries' Viscose Staple Fibre plant at Harihar in Karnataka have come to a halt following a strike by workers at the unit. This unit, called Grasilene Division, constitutes about 15 per cent of the pulp and ... More ALLIANCES & JOINT VENTURES 
Air ambulance services — Escorts Heart Institute in pact with Deccan AviationESCORTS Heart Institute and Research Centre (EHIRC) has tied up with Deccan Aviation to launch air ambulance services, called Air Rescue One in the country. Announcing this initiative, Dr Naresh Trehan, Executive Director, EHIRC, said, "We feel ... More SOCIETY & DEVELOPMENT Guj Ambuja aid for quake victims NEW DELHI: Ambuja Cement Foundation, an affiliate of Gujarat Ambuja Cements, is sending relief material worth Rs 25 lakh to the quake victims of J&K, a company release said. ... More OUTLOOK 
Hyundai targets export earnings of Rs 2,700 cr — Santro heads for UK in NovemberA BRIGHT red left-hand drive Atos Prime - the Hyundai Santro Xing in India - rolled up the ramp into the cavernous ship at the Chennai port today as crackers exploded and confetti showered on it. It was the 2,00,000th car being exported by ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Indian Aviation: Sky is the limit Stock splits India Inc's bonus bonanza Dabhol power regenerated Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Oct. 9-Oct. 15 33 pc independent directors on co boards — Govt studying Irani panel proposal Advantages of duty sops, lower lead-time for exports — Textile cos begin to set up units abroad Corporate India's fundamentals strong: Crisil Delhi-Chicago flight — American Airlines ties up with Air Sahara |
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