CORPORATE
OVERSEAS BORROWINGS
Gayatri Projects raising fund
Gayatri Projects Ltd has decided to raise about $30 million to fund its projects. The company would issue equity shares/other securities by way of GDRs/FCCBs/QIPs etc for the purpose. The company informed the BSE that its board of directors ...
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DIVIDEND ANNOUNCEMENT
Raymond Q4 net down 69%
Full year net sees 67.04% rise
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Hyderabad Ind to pay 50% dividend
Hyderabad Industries Ltd has informed the BSE that the board meeting held on Friday recommended a dividend of Rs 5 per equity share of Rs 10 each (i.e. 50 per cent) for the financial year ending March 31, 2007. ...
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NEW PROJECTS
Xenitis rolls out first two-wheeler in Bengal
The first two-wheeler manufactured in West Bengal was rolled out here on Saturday by the Xenitis Group in the presence of the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, and a host of dignitaries representing industry in China and ...
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Structural works for Vizag Steel Plant expansion inaugurated
The first structural steel column erection of the seamless tube mill of the steel plant was inaugurated here on Saturday by Mr Y. Sivasagara Rao, Chairman and Managing Director, Visakhapatnam Steel Plant. Mr Sivasagara Rao, retiring by the ...
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OVERSEAS INVESTMENTS
TVS Motor rides into Indonesia
TVS Motor will formally inaugurate its Indonesian plant and roll out a step-thru in that market next month. The company hopes to wean away buyers from the Japanese brands by offering similar build quality and features at a lower price.
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OUTLOOK
PPN Power co switching over to natural gas
Getting supply from Hindustan Oil Exploration
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Reliance LPG output cut may boost imports
Move would offset higher imports
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Honda plans launch of new scooter, motorcycle
Honda Motorcycle and Scooter India Pvt Ltd (HMSI), a wholly owned subsidiary of Honda Motor Company, Japan, plans to launch a new scooter and a motorcycle this fiscal. The scooter will be launched under a new brand in the second quarter, Mr ...
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DaimlerChrysler looking at more models
17% growth seen in first 3 months
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