Financial Daily from THE HINDU group of publications
Tuesday, April 18, 2006
Markets (April 17)
BSE Sensex11539.68(+302.45)
S&P CNX Nifty3425.15 (+79.65)
US Dollar (Buy/Sell)45.14 (-0.01)


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CORPORATE

OVERSEAS BORROWINGS


Goldman Sachs invests $17 m in JK Paper
Funds to be used to part finance packaging board project More

ANNOUNCEMENTS


L&T bags fuel project at Kuwait airport
Larsen & Toubro Ltd has bagged an Engineer-Procure-Construct contract of Rs 581 crore (37.98 million Kuwait Dinar) from Kuwait Aviation Fuelling Company (KAFCO) for its new fuel depot project at Kuwait International Airport. The project — . More

Godavari Fert to pay 20 pc
Godavari Fertilizers Ltd has informed the stock exchanges that its board of directors, at its meeting held on Monday, has recommended a dividend of 20 per cent (Rs 2 per share) for the fiscal 2005-06. ... More

Monnet Ispat changes name
In line with its expansion plans in the power sector, Monnet Ispat has announced a change in name to Monnet Ispat and Energy Ltd. "The name will ideally reflect the business of the company in sponge, steel in the steel segment ... More

MERGERS & ACQUISITIONS


Has Arcelor been softened?
Mittal's takeover bid has pushed Arcelor into the defensive. Arcelor has decided to raise the dividend, and make a share buyback, together costing € 5.4 billion. Arcelor has blinked; Mittal has won, and can go about consolidating the world's ste el-makers into its operations, says G. RAMACHANDRAN. More

ONGC unlikely to take stake in SPIC Petro
More

CORPORATE GOVERNANCE


ONGC signs pact with Transparency International
To fight corruption in public contracting More

NEW PROJECTS


`Govt to accord priority to biotech sector'
The Union Finance Minister, Mr P. Chidambaram, on Monday said the Government would accord the same importance to biotechnology that the information technology sector had been given. Assuring the Centre's support to the sector, Mr Chidambaram ... More

Yakult Danone plans milk manufacturing facility in Haryana
The facility will have an installed capacity of one million bottles per day, which will be achieved in four phases. More

Super Spinning Mills consolidating capacity
To capitalise on acquisition of Turkey plant More

TRADE & LABOUR UNIONS


Stir at Suryalakshmi denim unit
Suryalakshmi Cotton Mills Ltd has informed the stock exchanges that the workers of its denim division, located at Ramtek, have resorted to an illegal strike from April 13 demanding higher wages. Efforts are being made to ... More

ALLIANCES & JOINT VENTURES


ONGC, Singareni join hands
Oil and Natural Gas Commission and Singareni Collieries Company Ltd have signed up to work together in areas of underground coal gasification, surface coal gasification and coal-bed methane in coal-bearing areas. This arrangement seeks to ... More

Tata Agrico in pact with Godrej Agrovet
Tata Agrico, the agriculture implement division of Tata Steel Ltd, has recently entered into a business venture with Godrej Agrovet Ltd. Under this venture, Tata Agrico's products would be made available in all 22 Aadhaar outlets across the ... More

INTERVIEW


`Kingfisher First is not a shift in focus'
The product's been designed for the future and the bar's been raised: Mallya More

STANDARDS & BENCHMARKS


Astral Consulting bags award
Business Initiative Directions (BID) has conferred the `International Gold Star' award for `quality' on Astral Consulting Ltd. The award was presented at the International Star Quality Convention, Paris, early this month. The ... More

OUTLOOK


Haldia Petro plans pipeline to connect plant, oil jetty
Pipeline to be used to transport naphtha More
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Top Stories
Has Arcelor been softened?


PMS space expands with more entrants in fray

HDFC Bank net up 30% on rise in fee, interest income

Sops removed for EOUs, SEZs under job scheme

Inflation kept under check: RBI

ICICI Pru launches cancer care product

Paper products price revision on the cards

`Govt to accord priority to biotech sector'

Private telecom operators pull the plug off 700 VPTs

Farmers hold back wheat as buyers queue up

Auto components cruise on top gear this fiscal

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
Apr. 9-Apr. 15
Dunlop plans to make industrial rubber products at Ambattur

Hindalco's Australian subsidiary to go for public issue

Dunlop Chennai unit restarts again

UB Group plans to buy UK-based spirits company

RPL expects trading in first week of May

TCG rejects compromise formula on Haldia Petro

Dr Reddy's gets USFDA nod for fexefenadine

Shree Renuka Sugars to raise $40-50 m thru ECB



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