Financial Daily from THE HINDU group of publications
Monday, December 19, 2005
Markets (December 19 - at 10.55 IST)
BSE Sensex9346.04(+61.58)
S&P CNX Nifty2830.80 (+20)
US Dollar (Buy/Sell)45.2250/45.2550 (latest)



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Transgene develops oral delivery system of insulin
DIABETICS on insulin can hope to soon overcome their daily agony of injections if the Hyderabad-based Transgene Biotek Ltd succeeds in its efforts to commercialise the new drug delivery system of oral insulin. At present, insulin is ... More


MAN-Force Motors venture to begin production from next year
MAN AG, Europe's third-largest truckmaker, which has a joint venture with the Pune-based Force Motors Ltd, formerly Bajaj Tempo, is all set out to roll production from the Pithampur facility of Force Motors. Mr Abhay Firodia, Chairman and ... More

ITC Foods' Kitchens of India launches Indian desserts
ITC's Ready-to-Eat (RTE) brand "Kitchens of India" expanded its premium portfolio by announcing the launch of three Indian desserts. This marks the brands foray into the RTE desserts segment. "With a new generation of Indians developing a ... More


Ratna R-Series oil field — Oil Ministry seeks opinion of Law Ministry on ONGC's counter-claims
THE Union Ministry of Petroleum and Natural Gas has sought the Law Ministry's opinion on pending product-sharing agreement and ONGC's counter claims on the Ratna R-Series oil field. The oil field was awarded to an Essar Oil (50 per cent)-led ... More


Luxembourg SE emerges top draw for India Inc
FOR Indian Inc, the Luxembourg Stock Exchange saw as many as 24 firms raising over $1 billion through GDRs and FCCBs, making it the most preferred destination to raise funds in 2005. The highest number of foreign companies at the Luxembourg ... More


`LLP law would help SMEs, services sector'
THE three professional bills to amend the respective legislations governing the professions of chartered accountancy, cost accountancy and company secretaries would be placed in the Lok Sabha on Tuesday, the Company Affairs Minister, Mr Prem ... More


Making CSR work
THE subject of corporate social responsibility (CSR) is moving to the mainstream of managerial discussion. A recent CII summit exclusively devoted to the theme was evidence of this. Long before governance became a core ... More


German co in talks with Indian power firms for carbon credits
GERMAN power major RWE Power is in talks with various Indian electricity utilities including NTPC to buy carbon credits. Recently, the company's representative was in India to hunt for possible clean development mechanism (CDM) projects in the ... More


Good Bread plans expansion
MANGALORE: The Bangalore-based Good Bread Ltd entered the coastal market on Sunday. Mr G. Srinivasa Rao, Chairman and Managing Director of Good Bread Ltd, told presspersons here that the company has its operations in Bangalore, Mysore, ... More

POSCO's plant to be constructed in 3 phases
KOREAN steel major Pohang Steel Company (POSCO) said on Sunday that POSCO-India's proposed 12 million tonnes per annum integrated steel plant near Paradip in Orissa will be constructed in three phases of four million tonnes per annum each. The ... More


RoC e-initiative to open up data on India Inc
IF you are an investment banker seeking information on an unlisted company, you will need to physically go to the particular office or branch of the Registrar of Companies where the company is registered and suffer through a tedious procedure to ... More


Dubai company in real estate venture with MGF
EMAAR Properties PJSC, a company promoted by the Government of Dubai, has announced that it is investing over half a billion dollars (over Rs 2,500 crore) in India in joint venture with a domestic real estate company MGF Developments Ltd. A ... More

GAIL plans projects worth Rs 15,000 cr in Orissa
GAIL (India) Ltd today said that it has planned significant business ventures in Orissa, which would involve a total investment of Rs 15,000 crore. According to a statement, GAIL and the State Government would soon finalise a comprehensive ... More


TRL revival likely in February
THE long-awaited re-opening of the Travancore Rayons Ltd (TRL) at nearby Perumbavoor, which is under lay-off for about five years, is likely to become a reality soon as the Chief Minister has asked the promoters to complete the formalities before ... More


Daimler may not showcase `S-Class' at auto expo
LUXURY carmaker DaimlerChrysler is unlikely to present its new S-Class at the auto expo in January. Instead, the car manufacturer will woo CEOs and high-net worth potential clients to come, have a look at the latest S class, which debuted at the ... More

REL to invite EPC tenders for Dadri, Shahapur power projects
RELIANCE Energy Ltd (REL) plans to float global tenders for EPC contracts before Christmas for its upcoming mega power projects in Dadri in Uttar Pradesh and Shahapur in Maharashtra. Both projects would go online by December 2008, sources told ... More

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Top Stories
Revised draft declaration at WTO meet a positive step: India Inc

Life insurers book gains in equities; invest in bonds

RoC e-initiative to open up data on India Inc

German co in talks with Indian power firms for carbon credits

Ratna R-Series oil field — Oil Ministry seeks opinion of Law Ministry on ONGC's counter-claims

In Focus

Dynamic Tirupur
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. 11-Dec. 17
Bajaj plans fresh bike, scooter rollouts in 2006

52 MoUs for mining, but none cleared

Japanese firm Yanmar forays into farm implements market

Kirloskars cannot hike stake in Toyota Kirloskar beyond 11% — Original share buyback deal renegotiated

Nokia to set up global network solution centre in Chennai


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