CORPORATE
OVERSEAS BORROWINGS
AP Paper gets nod for $50-m issue
HYDERABAD: The shareholders of Andhra Pradesh Paper Mills Ltd (APPML) have authorised the board to issue further securities for raising an amount of up to $50 million or its equivalent value in Indian rupees. The company has informed the ...
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NEW PROJECTS
Eskay plans Rs 350-cr expansion
Eskay K'n'IT (India) Ltd, the flagship company of the Navin Kumar Tayal enterprise, is going for an Rs 350-crore expansion to raise spinning, knitting and processing capacities. Term loans will account for Rs 150 crore with the rest coming from ...
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ALLIANCES & JOINT VENTURES
Welspun Gujarat to form JV with TMK of Russia
Welspun to hold 40% stake, TMK the rest
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INTERVIEW
E-governance is but a milestone towards good governance
MCA21 has brought the Ministry of Company Affairs to the doorsteps of the professional community. — MR TANMOY CHAKRABARTY, VICE-PRESIDENT AND HEAD (GLOBAL GOVERNMENT INDUSTRY GROUP), TCS
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SICK UNITS
Standard Motors' payment buoys IOB recoveries in Q2
A payment of Rs 16.26 crore from the `Standard Motors' account that Indian Overseas Bank received towards the end of September, was partly responsible for a 49-per cent increase in the bank's recoveries in the second quarter of this year. The ...
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OUTLOOK
Tatas' passenger vehicle set for early 2007 launch
Two versions undergoing road tests at Pune facilities
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FPSO vessel to be operational by month-end: ONGC
FPSO initially expected to begin operations by May-end, but developed snags
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`RIL will begin gas output from K-G Basin by 2008'
`One of the richest gas fields with huge potential'
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PERFORMANCE
Oil cos make profit on petrol sales
Continue to take a hit on kerosene and LPG; Chidambaram rules out price cut
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