Financial Daily from THE HINDU group of publications Friday, February 24, 2006 |
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CORPORATE ANNOUNCEMENTS Chemplast to invest in Mettur plant Chemplast Sanmar Ltd intends to convert the manufacturing process at its caustic soda plant in Mettur, from mercury-cells to membrane-based. The conversion, an environment-friendly measure, which will add no value to the ... More
ACCOUNTANCY
ICAI southern region secyMERGERS & ACQUISITIONS Megasoft scouting to buy US co Megasoft Ltd is looking to acquire a company in the US. Speaking to Business Line, Mr G.V. Kumar, CEO, Megasoft, said, "We are looking to take over companies with a good sales team and with access to quality clients. That is what we got ... More NEW PROJECTS Sri Biotech makes plans for Rs 2-cr facility Buoyed by the growing opportunities in the area of contract manufacturing, Sri Biotech, a Hyderabad-based bio-pesticides and bio-fertilisers manufacturer, proposes to embark upon an expansion programme to more than double its production ... More
Apollo plans oncology centre in Ahmedabad
HPCL Punjab refinery financial closure by May
John Crane manufacturing centre TRADE & LABOUR UNIONS Dunlop talks stumble Productivity norms prove contentious Talks stalled Union for reopening of factory. Unit will have to restart before productivity norms can be fixed. More ALLIANCES & JOINT VENTURES Hikal in drug supply pact with Degussa Hikal Ltd has signed a long-term agreement with German specialty chemicals company Degussa for the supply of pharmaceutical intermediates and active pharma ingredients (APIs). The agreement allows Hikal to work with patented companies on ... More
Haffkine Bio mulls ventures for vaccines SICK UNITS Concern over sick industrial units in AP Barely 278 units of the 38,797 small scale units in Andhra Pradesh that have been reported sick have been revived, according to the State Major Industries Minister, Mrs J. Geetha Reddy. Answering queries in the State Assembly on Thursday, Mrs ... More OUTLOOK TACO MobiApps to enter China, Asean Chalks expansion plan for domestic market Taco MobiApps Telematics Ltd (TMT), a joint venture between Tata Auto Comp Systems (TACO), a Tata group company, and the Singapore-based MobiApps, on Wednesday said that it was in talks with various companies to enter markets in China, Thailand ... More
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Looking back Feb. 12-Feb. 18 GSK Pharma to bring in more products, intensify research Radico gets export duty waiver for grain distillery in UP Reliance Private Equity picks up 44 pc stake in DTDC for Rs 70 cr United Phosphorus buys Dutch seed firm for 100 m euros HLL back in the driver's seat Reliance Petro raises $1.5 b loan for Jamnagar refinery project Banks halt deposit-based lending to corporates Saint-Gobain to set up unit for solar control products Opens second float glass plant Numaligarh Refinery mulls Rs 800-cr IPO Final decision in four months Coal India likely to report Rs 6,000-cr net profit K.K. Birla Group makes changes in sugar biz restructure model Ranbaxy was not for `any' price for Betapharm: CEO Indian cos raise $10 b via ECB route in 9 months |
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