CORPORATE
OPEN OFFERS
Baring India sells its entire stake in Mphasis to EDS
To realise close to Rs 1,150 cr from sale of 34.73 pc holding
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ACCOUNTANCY
ICAI plans major brand-building exercise
New curriculum to be operational soon
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RESTRUCTURING
GE Shipping de-merger plan may go off course
ONGC insists on the execution of contracts
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Numaligarh Refinery equity recast approved
The Government on Friday approved the equity restructuring of Numaligarh Refinery Ltd (NRL), a subsidiary of Bharat Petroleum Corporation Ltd (BPCL), whereby Oil India Ltd's (OIL) stake in NRL will increase to 26 per cent from 12.35 per cent. ...
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MERGERS & ACQUISITIONS
Punj Lloyd acquires construction firm in Singapore for Rs 100 cr
To expand operations in Europe, China
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Crompton to buy 59 pc stake in MCPPL
Crompton Greaves Ltd has informed BSE that it is considering an investment of up to Rs 16.03 crore in the share capital of Malanpur Captive Power Pvt Ltd comprising 59 per cent of MCPPL's share capital. As a result, MCPPL will become a ...
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TIDCO's stake set to fall in SPIC
Consequent to the (proposed) merger of Tuticorin Alkali Chemicals and Fertilisers (TAC) with its parent company, Southern Petrochemical Industries Corporation (SPIC), the holding of SPIC's co-promoter, Tamilnadu Industrial Development Corporation ...
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NEW PROJECTS
ITC goes for integrated hotel complex in Chennai
Project is expected to cost Rs 800-1,000 cr; to begin operations in 2009
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OVERSEAS INVESTMENTS
Jindal Steel bags development rights for Bolivian iron ore mine
To invest $2.3 billion over next 10 years for mining and steel plant
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REGULATORY BODIES & RULINGS
Zydus gets USFDA nod for Warfarin
Zydus Cadila has received approval from the US Food and Drug Administration (USFDA) to market Warfarin tablets in different strengths and the Group plans to launch the product within a month, according to a company release. The ...
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ALLIANCES & JOINT VENTURES
Nissan to tap Maruti facilities
Manufacturing collaboration with Suzuki in new emerging markets
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STANDARDS & BENCHMARKS
EuroCOR gets CE okay for products
EuroCOR, a wholly owned subsidiary of Opto Circuits (India) Ltd (OCIL), has received CE approval for marketing and sale of Amadeus Supercross, a coronary dilation catheter and E-Wire, a guide wire for interventional use. Both products are used in ...
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OUTLOOK
Wockhardt scales down biotech revenue projection
Expects $20 million as revenues for 2006
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Max Healthcare to invest Rs 250 cr in expansion
Opens sixth hospital in Delhi
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PERFORMANCE
Tata Motors vehicle sales up 45% in May
Indica sales up 28.2 pc; Indigo down 6.2 per cent
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PEOPLE
B.K. Sinha takes over as SECL CMD
Mr Birendra Kumar Sinha has taken over the charge of Chairman-cum-Managing Director of South Eastern Coalfields Ltd with effective from June 1. He succeeded Mr M.K. Thapar who retired on Wednesday. The incumbent CMD has started his career in the ...
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Ramesh Suri is Chelmsford Club Chairman
Scoreboard
SE Diary
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