The Hindu Business Line : Wednesday, October 11, 2006

PHARMACEUTICALS
GSK Pharma looking to sell fine chemicals biz
After its recent decision to sell the animal health business, GlaxoSmithKline Pharmaceuticals Ltd is looking for a suitable buyer for its fine chemicals business in India. As part of GSK Pharma's efforts to focus on its pharmaceuticals ... More

STEEL
Bihar Tubes plans steel strip mill
The Uttar Pradesh-based Bihar Tubes plans to set up a steel strip mill to expand its tubes business with an investment proposal of Rs 100 crore. The proposed mill is to come up in its existing tubes complex with an annual capacity of four lakh ... More

TEXTILES
Sintex Q2 net sales up 49 pc
Strong pre-fabricated, custom moulding demand More

READYMADE GARMENTS
HoP Fashions files for IPO
Clothing company House of Pearl Fashions Ltd on Tuesday filed a draft red herring prospectus with the Securities and Exchange Board of India for an initial public offering. The company plans to offer 6.12 million shares at a price to be ... More

BROADBAND
Aircel unveils WiMAX in Chennai
Unified Aircel plans to invest about $3 billion in 3G and WiMAX technology in India. Of this, about $1 billion has been invested in providing infrastructure for WiMAX Internet access technology, according to Mr Ram Shinde, Senior Vice-President, ... More

EVENTS
`Major ports drafts need to be raised'
A wide spectrum of issues related to the making of Indian ports world-class by 2013-14 formed the basis of discussion on the first day of the two-day India Shipping Summit on Tuesday. The need to increase the drafts of the major ports to ... More

ONLINE MARKETING
Global Infocom to set up 600 `property showrooms'
To facilitate sale, purchase of real estate thru networking More

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Looking back
Oct. 1-Oct. 7
Cotton: Varietal glut, shortage to skew market

Differential MSP for ELS cotton on cards