Financial Daily from THE HINDU group of publications
Tuesday, May 23, 2006
Markets (May 22)
BSE Sensex10481.77(-456.84)
S&P CNX Nifty3081.35)(-165.55)
US Dollar (Buy/Sell)45.60 (+0.01)


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CORPORATE

ANNOUNCEMENTS


RIL hikes diesel prices by Rs 2/litre
Close on the heels of increasing the price of petrol sold through its retail outlets, Reliance Industries Ltd (RIL) has increased the price of diesel by Rs 2 per litre plus local taxes. The price increase is effective from Monday. According to ... More

Simplex bags big projects
Simplex Infrastructures Ltd has received project orders of Rs 238 crore from Governments of Orissa and Manipur. The company would be involved in a pipeline project worth Rs 151 crore in Orissa. It will also be involved in design ... More

COURTS/LEGAL ISSUES


Analjit Singh files probate
Ranbaxy founder Bhai Mohan Singh's youngest son and Max Healthcare Chairman, Mr Analjit Singh, the biggest beneficiary of the will, on Monday filed a probate at the Tis Hazari Courts in the Capital. According to the probate, Bhai Mohan Singh ... More

TAXATION


EU tops in co tax rate cut: KPMG
Company tax rates across Europe are being driven steadily down by a combination of competition amongst EU member states for jobs and capital, and economic liberalisation, according to KPMG International's latest global corporate ... More

OVERSEAS INVESTMENTS


ITC Infotech kicks off US operations
Enters into pact with AK-Global Solutions More

PSL to invest in UAE
PSL Ltd said it has received an order of Rs 181.5 crore from GAIL for supply of 164.5 km of pipes for Dahej Uran Pipeline project. It has also received another order from L&T for a Japanese funded water pipeline project, ... More

ALLIANCES & JOINT VENTURES


Madhucon signs pact with NHAI for TN project
Madhucon Project Ltd (MPL) has signed a concession agreement with the National Highway Authority of India (NHAI) for a road project in Tamil Nadu — one of the three contracts it has been awarded in the State. The national highway BOT ... More

Bhagyanagar Metals in tie-up
Bhagyanagar Metals Ltd has tied up with Guoco Land Ltd of Singapore, and Gayatri Projects Ltd, Hyderabad as strategic partners for bidding for the HUDA Township Project. "A special purpose vehicle will be created with these ... More

SICK UNITS


Industry seeks revival of Hind Copper
To help rein in copper price More
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Top Stories
Decision on petro price by month-end: Deora


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STC rules out change in wheat tender

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No payment or liquidity problem, says Finance Ministry

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
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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
May. 14-May. 20
SIDBI to raise Rs 3,000 cr from multilateral agencies

Hard bargain with pvt equity firms

ITC e-Choupal wins Stockholm Challenge Award

Zuari sells cement biz for Rs 600 cr

Ford sees rising demand for total maintenance plan



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