CORPORATE
PREFERENTIAL ALLOTMENTS
Ispat to issue share warrants
The board of Ispat Industries has approved issue of share warrants, carrying a right to convert into equity shares, to the promoter group, on a preferential basis, not exceeding five per cent of the post-issue voting rights in any financial year ...
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HUMAN RESOURCES
Course for crane operators to plug skill shortages
SANGHVI INITIATIVE
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MERGERS & ACQUISITIONS
SP Apparels acquires spinning mill
Coimbatore, Dec. 25 S. P. Apparels Ltd (SPAL), a Coimbatore-based fully integrated garment exporter and retailer, has acquired Sri Balaji Bakiam Spinning Mill having 12,672 spindles capacity at Vazhapady near Salem. The newly acquired ...
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NEW PROJECTS
Jindal refinery gets eco clearance
Visakhapatnam, Dec. 25 The proposed alumina refinery at Boddavara village in the S.Kota mandal of Vizianagaram district by the Jindal group has been given the environmental clearance, according to Mr R. Ch. Swain, project head.In an ...
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VSP expansion on course
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DIVERSIFICATION
NTPC’s maiden coal mine foray facing delays
New Delhi, Dec. 25 NTPC Ltd’s coal mining foray is in for delays, with the commissioning of the generation major’s first mine all set to miss a revised deadline of March 2008. Possession of land by NTPC for the project is running ...
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SICK UNITS
Trayons revival hits roadblock
Kochi, Dec. 25 The revival of Travancore Rayons Ltd (TRL) at nearby Perumbavoor, which remains closed for over seven years, appears unlikely, probably for want of a political will.Even several months after the Kerala State Cabinet has ...
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OUTLOOK
Naandan Jain plans to take up large agriculture projects
Net profit zooms in Jan-Sept period
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