Financial Daily from THE HINDU group of publications
Sunday, November 27, 2005
Markets (November 26 - 13.00 IST)
BSE Sensex8889.03(+35.82)
S&P CNX Nifty2683.45 (+19)
US Dollar (Buy/Sell)45.7850/45.7950


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CORPORATE

ANNOUNCEMENTS


Madhucon bags Rs 84-cr road project
HYDERABAD: Madhucon Projects Ltd has announced that it has bagged Rs 83.87-crore worth road projects from Madhya Pradesh Road Development Corporation Ltd for the development of State highway-23 between Guna and Fatehgarh and State ... More

Exide Ind pares exposure in original equipment segment
TO enhance profitability, Exide Industries has brought down its exposure in the original equipment (OE) segment and has increased its share in the replacement battery market this fiscal. OE sales have generated low margins between two and ... More

MERGERS & ACQUISITIONS


LMW to buy Jeetstex Engineering
TEXTILE machinery manufacturing major Lakshmi Machine Works (LMW) has informed the Bombay Stock Exchange about its resolve to acquire the Coimbatore-based Jeetstex Engineering Ltd, an unlisted, sick public limited company, engaged in the same ... More

CORPORATE GOVERNANCE


A Clause that must be enforced
Will the government turn to SEBI yet again for another extension of the deadline, especially because its own companies are lagging behind in compliance? It would be a shame if that were to happen and more so because these companies had more than a ye ar to fall in line. More

OVERSEAS INVESTMENTS


Financial Tech sets up arm at Dubai metals centre
FINANCIAL Technologies (India) Ltd (FTIL) has set up a 100 per cent subsidiary Financial Technologies Middle East (FTME) at the Dubai Metals and Commodities Centre (DMCC). Mr Jignesh Shah, Chairman and Managing Director, FTIL, in Dubai for the ... More

TRENDS


Demergers are the flavour; cos see more benefits
Several companies this year have either demerged or announced plans for a demerger to unlock the value of their businesses. Demerger allows for splitting of businesses within a company or separating investments out of the core business. In most ... More

ICICI Bank's new tool to track corporate news
ICICI Bank is working on a software tool that will collate information about corporates so that "when I meet you, I already know enough about you," Dr Nachiket Mor, Executive Director of the bank, has said. Speaking at the valedictory session of ... More


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Top Stories
Tiles industry resents `dumping' by China


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In Focus

FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
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
Nov. 20-Nov. 26
UK outsourcing initiative — NHS shortlists Apollo Hospitals

Virgin Airlines may enter hospitality sector

IOC revives Paradip project

GlaxoSmithKline prepares to bring bird-flu drug to India

AstraZeneca Plc to sue Ranbaxy on ulcer drug

Tata Steel-BlueScope venture eyes Rs 1,000-cr turnover

Tata Chem to buy UK soda ash firm

Ashok Leyland hikes prices

Ruia group on acquisition mode


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