Financial Daily from THE HINDU group of publications
Friday, May 05, 2006
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BSE Sensex12347.63(+36.91)
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CORPORATE

CORPORATE DISPUTES


Euphoria over cholesterol drug Zocor misplaced, say analysts
Many players in the fray; much hinges on USFDA decision More

ANNOUNCEMENTS


RNRL defends gas supply pact with RIL
Reliance Natural Resources Ltd on Thursday said in a statement that the gas supply agreement between Reliance Industries Ltd (RIL) and Reliance Natural Resources Ltd (RNRL) was an integral part of the scheme of reorganisation of the Reliance ... More

Riga Sugar in talks with McDowell
For selling extra neutral alcohol More

Greenply Uttaranchal unit starts production
Greenply Industries Ltd announced the commencement of production at its manufacturing facility at Pant Nagar Industrial estate in Uttaranchal. The facility has been set up to manufacture plywood and particle boards. The plant has ... More

OVERSEAS BORROWINGS


Orchid to raise Rs 900 cr
Orchid Chemicals & Pharmaceuticals Ltd proposes to raise about Rs 900 crore ($200 million) through long-term resources, either from the international or the domestic market. According to the company's communication to the stock exchanges today, . More

COMPANY LAW


Ministry for one-third independent directors on PSU oil company boards
Indian Oil Corporation, ONGC, GAIL need more directors to meet criterion More

AWARDS & HONOURS


Tata Motors adjudged `forerunner'
Tata Motors said it has been adjudged as the forerunner in the first TNS TruckTrak2006 Customer Satisfaction Study in trucks. The company leads in the medium and heavy truck category above 10 tonnes with a truck industry highest ... More

FINANCIAL PERFORMANCE


ISMT net up 250 pc
ISMT Ltd has posted 250 per cent increase in profit after tax at Rs 115 crore for the year ended March 2006. Net sales increased by 19 per cent to Rs 1,061 crore. Operating margin improved from 17.7 per cent to 23.6 per cent. ... More

HUMAN RESOURCES


Managers... now & then
How managers and their ways have changed over the last two or three decades... More

MERGERS & ACQUISITIONS


Godrej joins other FMCG majors in shopping for cos abroad
Appointed merchant bankers to identify suitable targets More

Siemens buys 50% stake in Flender
Siemens has completed the acquisition of 50 per cent stake in Flender Ltd for Rs 67.8 crore. With the signing of the closing agreement, Flender is now a Siemens company, along with its manufacturing unit located at Kharagpur, ... More

NEW PROJECTS


Robert Bosch picks Coimbatore
Drawn to city's talent pool; second centre for risk mitigation More

AstralPool gets active in Chennai
AstralPool International, providers of end-to-end solutions for swimming pool infrastructure, and part of the Barcelona-based Aquaria Group, announced the launch of its Chennai operations today. The Chennai office in will be the company's ... More

`Progress of biodiesel plant in Nalgonda encouraging'
German Govt announces grant of 380,000 Euros More

Surya Roshni to set up CFL manufacturing plant
To invest Rs 25 cr, production to start by August More

ALLIANCES & JOINT VENTURES


Vipul-Laing O'Rourke venture eyes remote facilities management
Targets clients in US, UK, West Asia to remote-manage buildings More

PEOPLE


Addl charge for LG's K.R. Kim
LG Electronics on Thursday announced a top management move with its South West Asia operations (including India) President Mr K.R. Kim being given additional charge of South East Asia and Australia. Mr Kim will now be responsible for ... More

New Managing Director at MRPL
Mr R. Rajamani has been elevated to the position of Managing Director on the board of Mangalore Refinery and Petrochemicals Ltd (MRPL). A press release said here on Wednesday that Mr Rajamani assumed charges of his new ... More

TRENDS


Captive power units spell money for big corporates
Maruti, SAIL, Tata Steel, RIL among firms selling surplus to the grid More
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RBI Annual Credit Policy 2006-07

Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Ministry for one-third independent directors on PSU oil company boards


Life insurance sector grows 35 pc

`India less vulnerable to global imbalances'

Precious metals suffer setback

Copper, not peaking yet

Lack of adequate rain worries coffee growers

Godrej joins other FMCG majors in shopping for cos abroad

Export infrastructure yet to take off

Dangers of Saltoro pull-back

RNRL defends gas supply pact with RIL

In Focus

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

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
Apr. 23-Apr. 29
SAIL raw materials unit posts record production

Ford targets 50 pc rise in sales

MRPL may firm up proposal to lift crude from PMT in May

BILT records 26.8 pc rise in Q3 net profit

HZL hikes prices again

GAIL to fork out Rs 538 cr in Q4 towards subsidy sharing

Posco to invest $200 m this year

Birla, Lodha tussle over commercial space

Bajaj Auto plans Rs 1,500-cr expansion



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