Business Daily from THE HINDU group of publications
Sunday, May 06, 2007
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CORPORATE

PREFERENTIAL ALLOTMENTS
HC sanctions GMR scheme
The High Court of Andhra Pradesh has sanctioned the Scheme of Arrangement between Bharat Sugar Mills Ltd and GMR Ferro Alloys & Industries Ltd subject to an amendment, GMR informed the Bombay Stock Exchange on Saturday. The ... More

DIVIDEND ANNOUNCEMENT
GNFC profit up 10.77% for full year
Fertilisers and chemicals major Gujarat Narmada Valley Fertilizers Company Ltd today announced that its PAT has gone up by 10.77 per cent and said it would pay dividend at the rate of Rs 4.25 per share. Announcing the results for the financial ... More

COURTS/LEGAL ISSUES
Cipla receives 2nd notice for `overcharging'
Co will contest Centre's stand More

MERGERS & ACQUISITIONS
REpower bidding war enters next phase
Suzlon and Areva have made bids of 150 and 140, respectively, for German energy company REpower. More

NEW PROJECTS
TN, Gujarat top contenders for L&T's boiler plant
The supercritical boiler plant of the L&T-Mitsubishi joint venture is likely to come up either in Tamil Nadu or Gujarat. The sites under consideration in Tamil Nadu are near Coimbatore and Chennai, Mr Y.M. Deosthalee, Director and Chief ... More

TRADE & LABOUR UNIONS
MTR Foods declares lockout at its Bangalore factory
Workers' demand for `MNC' salary not acceptable: Maiya More

INTERVIEW
Siscol sets eyes on further expansion of capacities
`Confident of wiping out accumulated losses by 2008-09' More

BONUS ANNOUNCEMENTS
Ansal Properties bonus shares
The Board of Ansal Properties & Infrastructure Ltd has approved the allotment of bonus equity shares of Rs 5 each, fully paid up on May 4, in the ratio 1:1, to those shareholders whose names have appeared in the books as on April More

OUTLOOK
Foster, ABB Lummus in race for CPCL tie-up
Supply of technology for resid-upgradation project More

UB Holdings plans investing $125 m in Kingfisher Air
UB Holdings is planning to set up a wholly owned subsidiary abroad and also invest up to $125 million in Kingfisher Airlines. An aviation analyst said the investments are being put in place to start international operations of Kingfisher ... More

Oil India seeks technical partners for Mizoram block
At an advanced stage of dialogue with 2-3 cos More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Siscol sets eyes on further expansion of capacities

Telcos must address consumer complaints within 7 days: TRAI

Foster, ABB Lummus in race for CPCL tie-up

States oppose tax exemptions in non-processing part of SEZs

REpower bidding war enters next phase

Looking back
Apr. 29-May. 5
PPN Power co switching over to natural gas

Reliance LPG output cut may boost imports

Rising rupee may have small impact on ONGC

Oil India, IOC may adopt 2-model approach for buying assets abroad

QIP route: SEBI sets norm of minimum 1 year listing

New norms for foreign investment in pref shares

IOC losing Rs 80 cr daily on under-recoveries

ACC picking up 12% stake in Shiva Cement

OVL seeks Schedule `A' status



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