The Hindu Business Line : Friday, April 07, 2006

Naturol Bio ties up with Belgium co
Naturol Bioenergy, which is setting up a Rs 140-crore bio-diesel plant in Kakinada, has entered into an agreement with the Belgium-based De Smet Ballestra group for the project. The Belgian company, a global leader in oil, ... More

BHEL to go in for nuclear tech tie-up by July-end
To depend on the outcome of the Indo-US nuclear deal More

Eurocopter, Sikorsky in running for HAL's new joint venture
Production of copter for Army, Navy More

ANNOUNCEMENTS

Strengthening of Koyna Dam spillway to be completed by May
Project includes constructing underground headrace tunnel, under reservoir More

OVERSEAS BORROWINGS

Noida Toll Bridge's GDRs placing
Noida Toll Bridge Company Ltd has said that a notice has been given to exercise the over-allotment arrangements in respect of a further 1,136,363 global depository receipts (GDRs) at the placing price of $3.96 each. It is ... More

GENDER

In the high ranges
The first woman president of a business chamber in Bengal, Nayantara Palchoudhuri brims with the confidence she derives from running her family tea business. More

MERGERS & ACQUISITIONS

SPS Steel & Power to bid for Hirakud Industrial
Orissa Govt invites fresh tenders More

CORPORATE GOVERNANCE

Meet stresses on corporate ethics
Corporate governance is crucial in the Indian context to save the small investor, as the Sensex is currently soaring and several thousands of investors are entering the capital market, according to Mr E.A.S. Sarma, former Union Energy ... More

NEW PROJECTS

Wanbury commissions plants in AP
Wanbury Ltd, the world's largest manufacturer of Metformin, a diabetes management product, announced that it has commissioned a new unit at its recently acquired facility at Tanuku in Andhra Pradesh. In a press release, the ... More

Hindustan Paper plans expansion
Plans to become Rs 3,000-cr company by 2011 More

Gemini Comm facility in Himachal
The Chennai-based Gemini Communication plans to set up a Rs 20-crore manufacturing facility in Himachal Pradesh for Radio frequency identification (RFID) tags and related products, said the company's Chairman, Mr R. ... More

OVERSEAS INVESTMENTS

Alghanim Group bullish on India
Indian arm Kirby to unveil Uttaranchal facility More

OVL to acquire 15 pc stake in Brazilian oil field
ONGC Videsh Ltd (OVL), the overseas arm of ONGC, is set to acquire 15 per cent stake, worth $400 million, in an oilfield in Brazil. The deal is expected to be signed soon, said an official said, adding that the Campos Basin BC-10 field is a ... More

INCOME TAX

Suzlon, subsidiaries under I-T survey
Investigations part of normal procedure, says co More

SICK UNITS

Banks' `rigid' stand delays TRL revival
The company had borrowed Rs 9 crore from four banks about 16 years ago and it had repaid Rs 36 crore so far. Yet the outstanding amount is Rs 36 crore. All the money paid were adjusted against interest, penal interest etc. Consortium agains t OTS proposal More

OUTLOOK

IOC's Paradip to Haldia pipeline by June
Haldia, Paradip refineries to benefit More

Medicine Shoppe sees future growth from India, China
Plans foray into rural markets by June More

Power Grid IPO by year-end
Power Grid Corporation of India Ltd (PGCIL) said on Thursday that it would enter the financial markets with an initial public offering by the year-end. ``We are looking at an IPO. We think it will definitely be before the end of ... More

New Delhi realty co to enter TN
Close to tying up 4-5 property deals More

Wuerth Group plans to expand in India
Germany-based Wuerth Group, which manufactures assembly parts and material for electrical and auto industries, has charted out its expansion plans for India. The group aims to generate Rs 25 crore worth sales from its India operations by the ... More

Alloy Steel set to post marginal net profit
Begins modernisation programme More

PERFORMANCE

Rama Newsprint achieves zero stock position
Rama Newsprint and Papers Ltd (RNPL) has achieved "zero" stock position as on March 31, 2006, a record in the history of the company. Its production and sales for March 2006 were 12,040 tonne and 13,026 tonne respectively, which is also a ... More

Bharat Coking Coal turns around
Posts provisional profit of Rs 156 cr More

TAFE sells 7,663 tractors in March
Tractors and Farm Equipment Ltd, the Chennai-based tractor manufacturer, has sold 7,663 tractors in March with a 24 per cent market share, according to a press release from the company. During the financial year ending March 2006, the company ... More

PEOPLE

Salem Steel gets new ED
Mr P.M. Balasubramanian is the new Executive Director of the public sector Salem Steel Plant. The 58-year-old Mr Balasubramanian, who was earlier the General Manager (operations in-charge) at the SSP, took charge as the ED ... More

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