The Hindu Business Line : Thursday, February 15, 2007

Unveil your dream budget
Business Line invites you to tell the Finance Minister your budget expectations. Send in your budget wish list to wishlist2007@thehindu.co.in and explain why you want them included. Attach your digital pho tograph, which may get published. Do include your brief profile.

CORPORATE

RESEARCH & DEVELOPMENT
DuPont to make Hyderabad technical centre for India
Plans Rs 200-cr investment in R&D centre More

ANNOUNCEMENTS
GAIL launches e-tendering facility
As part of the e-governance initiative, GAIL (India) Ltd today launched `e-tendering' facility, which enables on-line submission of technical bids and price bids in standard format/templates. The platform provides for digitally signed tender and ... More

DIVIDEND ANNOUNCEMENT
BEML to pay 40% interim
Bharat Earth Movers Ltd has declared 40 per cent interim dividend for the fiscal year 2006-07. The BEML Chairman and Managing Director, Mr V.R.S. Natarajan, presented a cheque for Rs 9 crore to the Defence Minister, Mr ... More

AWARDS & HONOURS
Bharat Dynamics wins award
Bharat Dynamics Ltd (BDL), a defence public sector unit, has been short-listed for the Ministry of Defence award for import substitution for 2005-06. A team of electronics division led by Lt. Col. (Retd) R.B. Jadeja has been ... More

MERGERS & ACQUISITIONS
Using forex reserves now for acquisitions
The price tag for the mega acquisitions by the Tatas and Birlas in the past ten days was $18 billion. Total cross border acquisitions throughout 2006 were only $7 billion. About 80 per cent of the $12.1 billion Tata-Corus deal may be funded by ... More

NEW PROJECTS
Pack houses to be set up for export of mangoes
AP agency opening facilities in Tirupati, Nuziveedu More

Caparo Engg's Pune facility ready to go on stream
Caparo Engineering India Private Ltd's second plant in Pune, a greenfield project at Merkal, is almost ready and expected to get off the ground early next month. CEIPL, a 100 per cent subsidiary of Lord Swaraj Paul's Caparo Group of the UK, ... More

Apollo to set up tyre retreading plant in Haryana
Apollo Tyres plans to invest in a retreading tyre plant in Haryana. According to senior officials, the company is going to invest Rs 5 crore in the satellite plant. Apollo intends having 2-3 such satellite plants strategically located in the ... More

Pilkington, AP ink pact for glass, glazing product
Pilkington Automotive India Private Ltd and the Andhra Pradesh Government have signed a memorandum of understanding for manufacturing of glass and glazing products. Pilkington Automotive India, a subsidiary of the UK-based Pilkington, a global ... More

OVERSEAS INVESTMENTS
Zenotech scouts for overseas partners for biosimilar products
In talks with MNCs on kidney treatment product More

ALLIANCES & JOINT VENTURES
Tatas to make pick-up vehicle in Argentina
Tata Motors and Fiat S.p.A, Italy on Tuesday signed an agreement that provides for a Tata licence to build a pick-up vehicle at Fiat's plant in Córdoba, Argentina. The vehicle will bear the Fiat nameplate. The project would see an investment of ... More

ONGC, Eni ink pact to swap exploration blocks
Oil and Natural Gas Corp Ltd (ONGC) signed agreements on Wednesday with Italian exploration company Eni S.p.A for a `swap of interest' in exploration blocks located in India and Congo-Brazzaville (Africa). The first of the agreements gives Eni ... More

INTERVIEW
`Self-regulation is a dominant theme of the new company law'
It is necessary that the appointment and removal of company secretary get the deserved importance under the law. MS PREETI MALHOTRA, PRESIDENT, ICSI. More

ICWAI doing a SWOT of cost audit
The most important consideration for corporate governance is value creation for stakeholders. The observations in the cost audit report provide direction for continuous improvement. MR DHANANJAY JOSHI, PRESIDENT, ICWAI. More

Toyota's small car likely to be ready by 2010-11
`Focus on correct product, quality and price' More

EVENTS
Driving together
ARGENTINA BOUND: Mr Luca di Montezemolo, Chairman, Fiat, with Mr Ratan Tata, Chairman, Tata group, at a press conference in Mumbai on Wednesday.

OUTLOOK
Afcons seeks joint venture partners to expand overseas
Exploring newer regions for more business More

IOC in talks with venture partners
To resolve issues on Panna-Mukta-Tapti fields More

Residency Hotels Group eyeing tier II cities in South
The Residency Group of Hotels is eyeing tier II cities in the South for expansion and growth. It has, over the last decade-and half, strengthened its presence across Chennai, Bangalore and Coimbatore. It took over a sick-hotel in Karur about a ... More

Mankind Pharma lines up growth plans
Mankind Pharma hopes to start exporting its drugs to CIS countries before the year-end. The company, which recently launched a new division of its `Special Mankind' OTC products dealing with women's health, will add 600 people to its existing ... More

PERFORMANCE
LMW supplies 2.2 m spindles in 2006
Lakshmi Machine Works Ltd has accelerated the supply of spindles to the textile industry. The company has admitted to achieving a milestone in recent times, when the supply of spindles crossed the 2 million-mark over a span of 12 months. The ... More

L&T achieves milestone in project
Larsen & Toubro achieved a critical milestone in the construction of the Second Vivekananda Bridge across the Hooghly River recently when the 254th segment, which is the last closure pre-cast segment, of the 880-metre long main . More

PEOPLE
RENDEZVOUS
Analjit open to hiking stake in Hutch
To focus on governance, new biz at Max More

ICAI office-bearers
Mr Babu Abraham Kallivayalil has been re-elected to the Southern India Regional Council (SIRC) of the Institute of Chartered Accountants of India for the year 2007-10. Mr Kallivayalil is at present Secretary of the Regional ... More