The Hindu Business Line : Thursday, March 23, 2006

Samsung starts SlimFit TV production
In a move, which would allow the company to better cater to demand in the premium colour television market, Samsung India on Wednesday announced the commencement of domestic production of its patented `SlimFit' TV in India. ... More

Belgian co bags ISRO order
Belgian company AMOS SA is to supply the third collimator to the ISRO Space Applications Centre, Ahmedabad. The device is used in cameras on earth imaging satellites. The two signed a contract to this effect on Wednesday in the ... More

OVERSEAS BORROWINGS

Prajay Engg allots shares to Merrill Lynch
Prajay Engineers Syndicate Ltd has informed the stock exchanges that the allotment committee of its board of directors at its meeting held on March 18 has allotted 3,69,090 equity shares of Rs 10 each fully paid-up to Merrill Lynch Capital ... More

Noida Toll Bridge raises Rs 188 cr thru GDR
To be listed in London Stock Exchange via AIM window More

AUDITING

The knowledge edge
Is the time ripe for industry-specific auditors? More

MANAGEMENT

Museum of Misteaks
Few Indian companies record new product failures. Only by letting mistakes come under scrutiny, can you learn from them. More

RESTRUCTURING

Zee Telefilms to consider revamp plan
Zee Telefilms Ltd (ZTL) has informed the Bombay Stock Exchange that its board of directors would meet on March 29, to consider restructuring the company's businesses. Company officials, when contacted, declined to give details of the ... More

MERGERS & ACQUISITIONS

Sujala offloads 4.99% in Rain Calcining
Sujala Investment Pvt Ltd has informed the stock exchanges that it has sold 64,73,499 shares of Rain Calcining Ltd aggregating to 4.99 per cent of paid-up equity on Tuesday. The mode of sale is through off-market trade and its ... More

NEW PROJECTS

ISMT plans to expand production capacity
ISMT Ltd, which makes specialty steel and specialised seamless tubes, has decided to expand production capacity. While the enhanced capacity in alloy steel would be in a modular fashion at marginal cost, the additional capacity in seamless ... More

Nippon Auditronix to expand Noida capacity
Nippon Auditronix Ltd, player in the car infotainment segment, is all set to expand its capacity at Noida. Talking to Business Line, Mr K.S. Giondi, Managing Director, Nippon Audiotronix Ltd said the company is gearing up its capacity of ... More

Birla Power plans acoustic hoods
Birla Power Solutions Ltd (BPSL), part of the Yash Birla group, proposes to manufacture acoustic hoods, which are currently being outsourced, the Group Finance Director, Mr P.V.R. Murthy, said. BPSL has embarked upon an expansion ... More

IOC's petrochem project faces time overrun
Indian Oil Corporation's proposed mega entry into petrochemicals as early as November 2007 has apparently hit rough weather. According to information available, the naphtha cracker-cum-polymer project is set to witness a substantial cost and time ... More

DS Kulkarni plans Rs 555-cr projects in Pune and Mumbai
DS Kulkarni Developers Ltd (DSKDL) has planned construction projects worth Rs 555 crore in Mumbai and Pune. Work has already begun on more than 39 lakh sq. ft. of land in the two cities and is to be completed by 2009. Among the projects is a ... More

ARS Metals plans sponge iron plant
ARS Metals Pvt Ltd, which operates two steel plants in Pondicherry and Gummidipoondi near Chennai, intends to put up a sponge iron plant, after a year, the company's officials told a press conference today. The company launched ... More

Hotel Leelaventure plan
Hotel Leelaventure plans to buy about an acre of land in Bangalore, adjacent to its existing property, the Leela Palace, as part of its plans to add an additional wing of 120 rooms. The acquisition would increase the FSI, ... More

Showa to set up power steering unit in Noida
To invest Rs 70 cr in wholly owned arm More

IOC feasibility report on Paradip project
Come Saturday and IndianOil will finally place before its board a detailed feasibility report for setting up a Rs 25,500-crore modern 15 million tonne refinery-cum-petrochemicals complex at Paradip in Orissa. This will be the first ... More

ALLIANCES & JOINT VENTURES

Bharat Coking, Tata Steel venture plan halted
The proposal for setting up a joint venture company by Bharat Coking Coal Ltd (BCCL) and Tata Steel for developing the Kapuria underground coal block stands cancelled. The Ministry of Coal has now asked the BCCL board to evolve suitable norms ... More

Ansal Properties signs pact with Malaysia's Faber Group
Plans foray into healthcare facilities management; operations from May likely More

Heidelberg in pact with Indorama Cement
Germany's HeidelbergCement has entered into a 50:50 joint venture with Indorama Cement Ltd, according to a statement issued by the two companies. Indorama Cement is an unlisted company that belongs to the Indonesia-based Indorama S P Lohia ... More

STANDARDS & BENCHMARKS

Ind-Swift gets Australian certification
Ind-Swift Laboratories Ltd has obtained the Therapeutic Goods Administration (TGA) certification from the Australian Common Wealth Department of Health and Ageing for its Clarithromycin manufacturing facility situated at ... More

OUTLOOK

MetalJunction plans coal futures auction
May collaborate with national, global commodities exchanges More

UB, Millennium Alcobev merger not for now
MABL's huge debts, negative worth seen impacting UB More

AP Paper bullish on post-expansion growth
Expects topline to grow at an average 18 pc per annum More

Glenrothes to double market share
The `Rolls Royce' of single malt whisky, Glenrothes is expected to double its market share to around 10 per cent in India in another three years. "We have a 10-year view of our business in India," Mr Chris Burn, Regional Sales ... More

UK hotel chain eyes Indian market
The UK-based hospitality chain Thistle and Guoman Hotels is keen to enter the Indian market. "We hope to make an announcement on investment in India by the end of the year. We plan to have a Guoman hotel in India, which is the ... More

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Union Budget 2006-2007

Economic Survey 2005-2006

Pick a Winner Stock Market Contest

SEBI yet to decide on reduction in turnover fee

UB, Millennium Alcobev merger not for now

Entry of FCV tobacco to US sought

MetalJunction plans coal futures auction

TCS bags Rs 178-cr deal from BoM

In Focus

Infrastructure woes stare IT sector

IPO Scams