The Hindu Business Line : Friday, July 28, 2006

CORPORATE DISPUTES
Contempt case: 3 days prison for Zee MD, 7 days for Heinz GM
Mr Justice Kalyan Jyoti Sengupta of the Calcutta High Court on Thursday ordered three days imprisonment to the Managing Director, Zee Telefilms Ltd, and seven days imprisonment to the General Marketing Manager of Heinz India Ltd, manufacturer of ... More

REPORTER'S DIARY
Tales from two cities
Reportage on the continuing Ambani brothers' saga got a little more difficult. After going their own respective ways, the two seem to have decided to operate from different cities as well. Now, most of the communication from the Anil Ambani ... More

OVERSEAS BORROWINGS
McLeod Russel to raise $30 m thru fresh equity
Q1 net dips to Rs 2.38 cr More

NEW BUSINESS
Siemens unit bags BIAL order
More

NCCL bags orders worth Rs 118 cr
The Nagarjuna Construction Company Ltd (NCCL) has bagged two orders worth Rs 118 crore. The first is from the Government of Chhattisgarh for Rehabilitation and Upgradation of Road (ADB project), worth Rs 65 crore. The second is ... More

MANPOWER
Order on wages to Bon workers
Hindustan Lever Ltd has informed the BSE that the Labour Commissioner, Maharashtra, has directed Bon Ltd to pay current wages including DA and allowances to its workers till their date of retirement without working, while ... More

MERGERS & ACQUISITIONS
Global buys boost Dr Reddy's net
Authorised generics, global acquisitions boost revenues More

NEW PROJECTS
P.K. Ruia plans Rs 1,000-cr dry dock, SEZ in Bengal
Jessop approaches State Govt for allocating 1,500 acres unused land More

FCm Travels Sol in Coimbatore
Travel and expense management consulting company - FCm Travels Solutions has established its presence by opening an office here. Its CEO Mr Rahul Seth said the company would be expanding its branch network from 13 to 25 ... More

Nippon Paint to invest Rs 160 cr in India
To set up manufacturing units in Chennai, Gurgaon More

OVERSEAS INVESTMENTS
Unichem to bid for 40 pc stake in UK subsidiary
Registers 22 per cent dip in net profit More

ALLIANCES & JOINT VENTURES
Microbial institute in tech transfer tie-up with US co
IMTECH has acquired European patent for the protein; US, Indian patents pending More

OUTLOOK
Ramky Infra plans IPO by Feb
Ramky Infrastructure Ltd, the civil and infrastructure engineering arm of the Hyderabad-based Ramky Group, is planning a public issue of about Rs 300 crore. The issue is likely to open by February 2007. Speaking to Business Line, Mr ... More

Transparent pricing mechanism proposed for RIL gas finds
`Govt ready to approve $2.34 per mbtu price or even lower if the open bidding is followed' More

PERFORMANCE
Jessop to consider public issue
Jessop and Co Ltd is considering a public issue of approximately 25 crore shares of Re 1 each. The issue will include fresh issue of 15 crore shares. The rest 10 crore shares will be off-loaded by the Ruias. While the group has already ... More

PEOPLE
Tending the MindTree
Journeying from interior Orissa to cutting-edge IT entrepreneurship, Subroto Bagchi defies several stereotypes along the way. More