The Hindu Business Line : Saturday, June 24, 2006

ACCOUNTING STANDARDS
Disclosure norms for excise duty revised
Manufacturing companies would have to come up with more disclosures on excise duty in their profit and loss statements. The Institute of Chartered Accountants of India (ICAI) has revised the disclosure norms for excise duty in the presentation ... More

CORPORATE DISPUTES
Letter from Jet, Sahara could have salvaged the deal
4 directors on Air Sahara board More

RESTRUCTURING
ONGC revamp to be in place by year-end
Managers for all 178 exploration acreages More

MERGERS & ACQUISITIONS
Arion buys 3.53 pc in Khaitan
Arion Commercial Pvt Ltd has informed the stock exchanges that it has acquired 2,53,947 shares aggregating 3.53 per cent of the share capital of Khaitan Electricals Ltd on June 19. The mode of acquisition is open market. ... More

NEW PROJECTS
Rains force ONGC to defer petrochem unit stone laying
Rains play spoilsport More

ONGC aims at better balance in petrochem distribution
Stone laying ceremony postponed due to rains More

Tatas' small car may be launched in 2008
`It will create a new paradigm in low-cost personal transport' More

Pall Life Sciences sets up Centre of Excellence
The Bangalore centre would also provide pharma and bio-tech companies consultancy and trouble-shooting services besides supporting validation and training More

BJP stages dharna at ONGC complex venue
Members of the BJP staged a dharna at the venue of the foundation stone laying ceremony for the ONGC petrochemicals complex in Mangalore on Friday. They initially said that the ceremony should not be postponed on account of the absence of the ... More

TRADE & LABOUR UNIONS
Kerala chamber plea on labour dispute
The Kerala Chamber of Commerce and Industry has urged the State Government to intervene to stop the militancy in the name of labour dispute at Sreedhareeyam Ayurvedic Hospital, Koothattukulam. Mr John K. Paul, President of the ... More

ALLIANCES & JOINT VENTURES
DLF likely to tie up with Hilton
For hospitality business foray More

DIVERSIFICATION
Emami to locate Rs 100-cr bio-diesel plant in Haldia
To finalise plant & machinery suppliers by July-end More

SICK UNITS
Ruias in tripartite pact on IDCOL unit
The Ruia Group has entered into a tripartite agreement with the leading labour union of Hirakud Industrial Works Ltd (HIWL) and Industrial Development Corporation of Orissa Ltd (IDCOL). This was a pre-condition for acquiring the ... More

OUTLOOK
FACT reviews safety measures at Kochi port
FACT has reviewed the safety measures at its sulphur and rock phosphate handling and storage facility at the Cochin Port Trust premises in the wake of a fire at the facility last week. The fire at the Q-10 berth of the port had partially ... More

DaimlerChrysler plans to assemble S-class models locally
DaimlerChrysler India is all set to commence local assembly of its premium S-class model from its Pune facility from July this year. Aspirants to this particular set of hot wheels may now look forward to shelling out 15-20 per cent less once it ... More

Zee plans Russian channel foray
Bullish on growth of direct-to-home business More

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