Financial Daily from THE HINDU group of publications
Saturday, May 06, 2006
Markets (May 5)
BSE Sensex12359.70(+12.07)
S&P CNX Nifty3663.95 (+15.55)
US Dollar (Buy/Sell)44.99 (+0.07)


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ANNOUNCEMENTS


Praxair bags SAIL contract
Praxair India has bagged the contract from the Steel Authority of India Ltd (SAIL) to build and operate an on-site industrial gas plant at the site of SAIL's steel plant in Durgapur. Praxair will build, own and operate the 700 ... More

ENVIRONMENT


Navin Fluorine, Guj Fluorochem fall as carbon credit price slumps
Prices recover on clarification from German authority More

Henkel India goes thro' SHEQ audit
Companies are not just answerable to their shareholders, but also to stakeholders such as consumers and the society at large, said Mr A. Satish Kumar, Managing Director, Henkel India. Henkel India has just gone through a safety, health, ... More

HUMAN RESOURCES


HAL employees to play brand ambassadors
New 2-phase ad campaign planned More

Oil PSU officers threaten indefinite strike
The OSOA is seeking a hike in salary from the present entry level of Rs 20,000 per month to Rs 50,000 for management trainees. More

MERGERS & ACQUISITIONS


Wipro acquires North West switches brand
The Consumer Care and Lighting Business Division of Wipro Ltd has acquired the North West Switches brand from North West Switchgear Ltd for an all-cash deal of Rs 102.2 crore. "We have also entered into an agreement with North West for ... More

NEW PROJECTS


Diesel small car could boost Hyundai market share
Hyundai Motor India's attempts at weaning away customers from other luxury car brands by offering diesel engines on its premium products like the Elantra and the Tucson have not worked because buyers here don't perceive the company to be a ... More

Magna Intl keen on setting up base in India
Also interested in purchasing components More

Shree Cement unveils Rs 700-cr expansion plan
To set up new plant at Pali in Rajasthan. More

ALLIANCES & JOINT VENTURES


Tata Motors, Brazil co form joint venture
To make buses for domestic, overseas markets More

ATI, Nokia partner for mobile multimedia
ATI Technologies, the $2.2-billion 3D graphics and digital media silicon solutions provider, and Nokia, the mobile communications major, have announced a strategic relationship to bring enhanced mobile multimedia experiences to ... More

PERFORMANCE


BHEL's power generating sets achieve record output
Power equipment major Bharat Heavy Electricals Ltd (BHEL) on Friday said its electricity generating sets produced a record 402.6 billion units during 2005-06, up five per cent over the previous year. Its thermal sets achieved a high plant load ... More

PEOPLE


Saboo group Chairman passes away
The Chairman of the Saboo Group, Mr R.K. Saboo, passed away on Friday. He was 83. He is survived by wife, three sons and a daughter. After promoting insurance and fertilisers business initially, he made a mark in the automobile ... More
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RBI Annual Credit Policy 2006-07

Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Deficit reduction on track: S&P


New avenue opens up for importing raw sugar

Truck rentals up by 15% during Oct '05-Mar '06

Cell operators to crack whip on retailers

Pune beats Mumbai in software exports

Ministry yet to decide on gas sales between Reliance cos

Tata Motors, Brazil co form joint venture

Tyre companies seek suspension of rubber exports

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. 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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