CORPORATE
PRIVATE PLACEMENT
Apollo Hospitals to issue 12 lakh shares
The promoters of Apollo Hospitals Enterprise Ltd have secured a right to subscribe to 12.65 lakh equity shares of the company at a price of Rs 499.03 each. An extraordinary general meeting of the company on Monday armed the board ...
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OVERSEAS BORROWINGS
IVRCL Infra plans $125-m GDR issue
The board of directors of IVRCL Infrastructures & Projects Ltd at its meeting on Friday decided to raise funds to the extent of $125 million by issuing global depository receipts (GDRs) and/or qualified institutional placement ..
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AWARDS & HONOURS
Lucas-TVS wins Japanese award
Lucas-TVS has bagged the Japanese Award, "JIT Grand prix" from the JIT Management Laboratory Co Ltd, as the No.1 Company for the work done during the year 2005-06 on JIT Methodology among other Companies. The award was handed ...
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CORPORATE BONDS
Rain Comm. to convert warrants
Rain Commodities Ltd has informed the stock exchanges that a meeting of its board of directors would be held on July 15 to consider allotment of 10-lakh equity shares to Citicorp Finance (India) Ltd at a price of Rs 40 each (including a premium ...
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NEW PROJECTS
Mittal to set up plant in Orissa
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Acquisition prospects limited in India, says Mittal
Keen on partnering SAIL for projects outside India
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K.K. Birla group to invest in new power plants
Investment under CDM to generate carbon credit
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Patnaik delighted with Mittal's plans to set up plant in Orissa
Previous steel projects' progress hit due to human habitation on site
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OVERSEAS INVESTMENTS
ONGC-Mittal combine eyeing properties in 21 countries
ONGC willing to spend $25 billion on overseas acquisitions
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ONGC may pick up stake in Rosneft
Oil and Natural Gas Corporation (ONGC) is considering picking up stake in Russia's OAO Rosneft. The Petroleum Secretary, Mr M.S. Srinivasan, told newspersons here on Friday that the company is examining the prospect of investing $3 billion to ...
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ALLIANCES & JOINT VENTURES
Religare inks pact with Aegon
The Ranbaxy promoter group co to enter insurance, asset management
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ONGC, GAIL sign gas supply agreement
Oil and Natural Gas Corporation Ltd (ONGC) and GAIL (India) Ltd have signed a gas supply agreement (GSA) for the gas supplies from ONGC oil and gas fields. Prior to the execution of this GSA, sale and purchase of gas between the two companies was ...
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OUTLOOK
Pricol Tech bullish on tech services foray
To focus on product development; ties up with Italian co for design
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Yash Papers sees demand growing at 6.1%
Demand for paper, including writing, printing, industrial and newsprint varieties, is growing at around six per cent in India as compared to a global average of about three per cent, Yash Papers Ltd said in its annual report of 2005-06. Demand ...
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IHHR Hospitality outlines Rs 500-cr plan for biz hotels
Opens first 147-room business hotel Ista in Bangalore
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PERFORMANCE
SAIL posts record production in Q1
Steel Authority of India Ltd (SAIL) on Friday reported its highest-ever quarterly production of saleable steel at 3.1 million tonnes during April-June 2006, marking an eight per cent growth over the corresponding period last year, according to a ...
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PEOPLE
I'm the honorary ambassador of India: Mittal
No more acquisitions planned for this year
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