CORPORATE
ANNOUNCEMENTS
J K Paper changes accounting year
New Delhi, April 19 The board of JK Paper Ltd, which met on Saturday, decided to close its current accounting year for the nine months ended March 31, 2008. Hereafter, the financial year of the company will be April 1 to March 31. ...
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BUYBACK
Mastek announces share buy back
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Sasken board okays buy back
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NEW BUSINESS
HEC bags Rs 1,038 cr order
The Ranchi-based Heavy Engineering Corporation Ltd (HEC) has bagged Rs 1,038 crore order from the Bhilai Steel Plant for supplying complete coal handling plant, according to a press statement issued by the company. The job, to be executed on ...
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MANAGEMENT
Fair award
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More executives concerned over CEO’s pay packet: Survey
Shareholders must have a ‘say on pay’
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DERIVATIVES MARKETS
India Inc’s blind date with derivatives
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HUMAN RESOURCES
NIS Sparta, Inscape ink pact
NIS Sparta, a Reliance ADA Group company, and Inscape Publishing have signed a business partner contract to offer Inscape’s solutions. The partnership will leverage NIS Sparta’s reach in the Indian market, its portfolio of clients and ...
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MERGERS & ACQUISITIONS
Dabur Pharma selling 73.27% stake to Singapore firm
Fresenius Kabi to pay Rs 76.50 a share
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NEWS ANALYSIS
Dabur Pharma sale: Significant premium for investors
Oncology portfolio key attraction
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BEST deal
Yatra Capital and Saffron India Real Estate Fund I have taken 15 per cent equity stake for Rs 186 crore in Jarul Promoters, a subsidiary of Parsvnath Developers, which will develop BEST bus depot near the Bandra Kurla complex in ...
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NEW PROJECTS
Hong Kong firm to invest $125 m in Jamnagar wind power plant
Likely to cut 2 lakh tonnes of CO2 annually
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ALLIANCES & JOINT VENTURES
Ansal Properties signs pact with UEM Builders
New Delhi, April 19 Ansal Properties and Infrastructure Ltd has signed a shareholder’s agreement for a joint venture with UEM Builders, a subsidiary of Malaysian conglomerate UEM Group. The proposed company ‘UEM Builders - ...
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Saimira arm, Sony group co in pact
Aurona Technologies, a member of the Pyramid Saimira group, has entered into an agreement with Sony Computer Entertainment Europe (SCEE) to develop a console game based on Hanuman for Sony’s PS2 console platform. The Hanuman game will be ...
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Going organic
Gujarat Alkalies and Chemicals has signed an agreement with Dow Europe to set up a joint-venture company for manufacture of chlorinated organics at Dahej at an estimated cost of Rs 600 crore. ...
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BONUS ANNOUNCEMENTS
Shipping Corporation likely to consider bonus issue
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OUTLOOK
Kitti Steels plans to double capacity
Hyderabad, April 19 Kitti Steels Ltd, a Hyderabad-based company manufacturing equipment for core sector industries such as cement, steel and power plants, is looking at investing around Rs 45 crore to double its existing manufacturing ...
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PEOPLE
Deccan promoters declassified
With the UB Group taking over Deccan Aviation, Capt G.R. Gopinath, Capt K.J. Samuel and Mr Vishnu Singh Rawal, who together launched the low-cost airline, have ceased to be the promoters of the company. Deccan Aviation informed the Bombay Stock ...
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