Financial Daily from THE HINDU group of publications
Thursday, December 15, 2005
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Financial Daily from THE HINDU group of publications Thursday, December 15, 2005 |
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CORPORATE RESEARCH & DEVELOPMENT `Corporates must invest more in R&D' INDIA should take the lead in new technologies such as synthetic biology and embryonic stem cell research. The country, instead of waiting for someone to take the initiative, should make others come to India to learn something new," the ... More ANNOUNCEMENTS Cross industry building, a selling point for ECHC CROSS industry building will be the major selling point for Enrich Customers with Human Capital (ECHC) Management Services — a company that provides recruitment services, according to Mr K.V. Ramesh, Chairman and Managing Director, ... More
E-City Ventures in expansion mode
IOC, Ashok Leyland ink pact for use of engine oils
Wockhardt plans to introduce new vaccines
AstraZeneca set to acquire first brand soon
MeritTrac Services to set up integrated recruitment centres PRIVATE PLACEMENT Spentex Ind raises Rs 81 cr through private placement TEXTILE company Spentex Industries Ltd has succeeded in raising capital of Rs 81 crore from private equity investor Citigroup Venture Capital International Growth Partnership Mauritius Ltd. (CVCI). This is one of the largest placements of ... More CORPORATE DISPUTES `Comparative ads' need to be curtailed: HC THE Madras High Court has expressed the view that in these days when MNCs marketed their products in the country, it was high time that the `comparative advertisement' (comparing one's product with that of the competitor) was to be curtailed. ... More OVERSEAS BORROWINGS Adlabs plans to raise authorised capital ADLABS Films Ltd will be seeking members' approval for a variety of measures, through a postal ballot. This includes raising the company's authorised share capital from Rs 25 crore, divided into five crore equity shares of Rs 5 each, to Rs 30 ... More AWARDS & HONOURS ONGC Finance Director bags award MR R. S. Sharma, Director (Finance) of ONGC, has bagged the `The India CFO Awards 2005' for `excellence in finance in a PSU.' The award was conferred by International Market Assessment India Pvt Ltd (IMA) along with BNP Paribas, Sun ... More
Nagarjuna Fertilisers bags award TAXATION Panel asks Govt not to tax ECS payments by companies THE Parliamentary Standing Committee on Finance has suggested that the Government should make it clear in unambiguous terms in the income-tax framework that payments made by businesses through the electronic clearance systems (ECS) should be a ... More RESTRUCTURING Kerala HC approves GTN Textiles demerger scheme THE Kerala High Court has approved the Scheme of Arrangement between GTN Textiles Ltd and GTN Industries Ltd with regard to its demerger, pursuant to Section 391 read with the Section 394 of the Companies Act, 1956. Accordingly a meeting of ... More MERGERS & ACQUISITIONS IOC awaits Govt nod to bid for Niko's assets INDIAN Oil Corporation is waiting for the Centre's approval to make a final bid for Canadian oil major Niko Resource's Indian assets. Sources said the company had only placed an expression of interest and was yet to offer a final price. "So ... More
ACC acquires 98% stake in Tarmac India for Rs 12.4 crore
Three Murugappa Group cos divest stake in Parry Agro Industries NEW PROJECTS KF Bio Plants sets up second facility in Pune WITH an investment of Rs 22 crore, the Pune-based KF Bio Plants has set up a 30,000 sq ft laboratory for the production of gerbera, anthurium, lily, zanthedeschia, orchid and curcuma plants. This is the company's second such facility in the ... More
Riddhi Siddhi Gluco to expand capacity
IFC may fund PSL's Rs 540-cr project OVERSEAS INVESTMENTS Indian Hotels buys Sydney's W Hotel for $27 million THE Indian Hotels Company Ltd (IHCL), which runs the Taj group, has bought a property in Sydney for $27 million (about Rs 123 crore) from Harilela Group of Hong Kong, the company said on Wednesday. The acquisition of the 100-room property ... More ALLIANCES & JOINT VENTURES ONGC bids for fuel facility at new Bangalore airport ONGC is set to expand its wings into the aviation sector. The company has tied up with a French oil major to bid for the aviation fuel facility coming up at the new greenfield airport in Bangalore. Sources told Business Line that ONGC, ... More
INTERVIEW 
`We are looking at assets that fit our profile'AFTER buying The Pierre Hotel in New York, the Taj Group is now entering Australia. It is acquiring The W, a 100-room luxury hotel in Sydney. Director of Finance at The Taj, Mr Anil Goel, says that the Taj group is looking at assets that ... More
SOCIETY & DEVELOPMENT 
Govt, pvt sector role crucial to improve social sector: SoniaLONG-TERM partnerships between the Government, civil society and the corporate sector is key for upliftment of the social sector, the Congress President, Ms Sonia Gandhi, has said. "We will do well not to forget that the basic responsibility ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Dec. 4-Dec. 10 Dunlop, Falcon acquisition — Cross-country holdings made it a complex deal, says Ruia Suzuki all set to launch 125-cc bike in January BMW looking to source components from India — Signs pact with TN for CKD plant Sumitomo group plans 3rd subsidiary in India Bombay HC approves RIL demerger |
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