Financial Daily from THE HINDU group of publications
Tuesday, May 16, 2006
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Financial Daily from THE HINDU group of publications Tuesday, May 16, 2006 |
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CORPORATE ACCIDENTS BR Petroleum asked to submit report after tank collapse Kochi port denies allegations that storage tanks contained chemicals More ANNOUNCEMENTS RIL works out compensation package for its dealers To cushion the impact of price hike on petrol More
PREFERENTIAL ALLOTMENTS Schroders to pick up stake in WS Industries Schroders Credit Renaissance Fund and "its affiliates and associates" will pick up 31.50 lakh shares in W S Industries at a price of Rs 67.50 a share, W S Industries told the BSE on Monday. The consideration works out to Rs 22 crore. A general ... More
Khaitan Elect EGM for pref offer COMPANY LAW Parliament passes Cos (Amendment) Bill Parliament on Monday passed a Bill that seeks to give a legal validity to the MCA-21 project, which is a major e-governance initiative of the Ministry of Company Affairs. The Lok Sabha passed the Companies (Amendment) Bill 2006 on Monday after ... More INSIGHT PERSPECTIVE Corporate reputation Compared to corporate governance, corporate reputation has taken the back seat, though the latter is a more sophisticated framework. If many companies or groups are household names, it is because of the reputation built up over the years by hard ... More ENVIRONMENT Effluents discharge project: Tirupur exporters for State Govt as co-promoter To ensure successful implementation; solve problems plaguing the knitwear industry More MERGERS & ACQUISITIONS BPCL looking forward to KRL merger Company reeling from under-recoveries More
Assam Company picks 50% stake in Aussie firm
G V Films to buy theatre in Madurai NEW PROJECTS Hanung Toys to set up unit in Uttaranchal The Noida-based Hanung Toys and Textiles has announced that it would be setting up a Rs 160-crore textile weaving and processing unit in Uttaranchal. The unit will have a weaving capacity of 21,000 metres a day and processing capacity of one ... More
BK Group plans cement unit in Assam REGULATORY BODIES & RULINGS Wockhardt gets USFDA nod for Ceftriaxone Sodium Wockhardt Ltd has received the US Food and Drug Administration approval to market Ceftriaxone Sodium injection in the US. The company's US subsidiary Wockhardt USA Inc is expected to launch the broad-spectrum cephalosporin antibiotic in the ... More TRADE & LABOUR UNIONS Sirpur Paper Mills strike called off Sirpur Paper Mills Ltd has informed the stock exchanges that the strike at its Sirpur-Kaghaznagar plant has been called off. The working of the mills has been restored. The plant has started theC-shift fromMay 13 after the ... More ALLIANCES & JOINT VENTURES Punj Lloyd forms jt venture co in Saudi Engineering construction major Punj Lloyd (PLL) has announced a joint venture with His Royal Highness Prince Khalid Bin Bandar Bin Sultan (KBS), Kingdom of Saudi Arabia. The jointly owned company with the share capital of 2 million Saudi Riyals ... More
Lupin in pact with Italian co SOCIETY & DEVELOPMENT FACT hands over Rs 35 lakh for water supply Fertilisers and Chemicals Travancore Ltd (FACT) has handed over Rs 35 lakh to the Kerala Pollution Control Board (KPCB) as its share for free distribution of drinking water through pipelines to about 2,000 families in five wards of Eloor ... More PUBLIC OFFER 
Rathi Udyog plans follow-on issueRathi Udyog Ltd, part of the Delhi-based P.C. Rathi Group and a manufacturer of long steel products, plans to tap the capital market with a Rs 98-crore follow-on public issue. The shares would be of Rs 10 each for cash at a premium to be ... More BONUS ANNOUNCEMENTS Nagarjuna Const plans bonus issue The board of directors of Nagarjuna Construction Company Ltd (NCC) is scheduled to meet on May 29 to consider the issue of bonus shares by capitalising the reserves among other issues. The company has informed the stock exchanges that its board ... More SICK UNITS Ailing BHPV to get relief thro' land sale: AP CM The ailing public sector undertaking Bharat Heavy Plate and Vessels (BHPV) here will be provided relief through sale of Government land adjacent to it. A revival package will be approved for the purpose. The Andhra Pradesh Chief Minister, Dr ... More OUTLOOK Prajay Engg eyes Rs 1,000-cr topline by 2008-09 Plans to invest Rs 800 cr over two years More
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Looking back May. 7-May. 13 ONGC drops plan to lease two business jets Gujarat NRE to up stake in Australia's Zelos to 85 pc Yamaha mulls new plant in South India Quibbling over QIBs Dishman Pharma close to formalising another acquisition in Switzerland Praxair bags order to build DSP oxygen plant |
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