Business Daily from THE HINDU group of publications
Sunday, July 27, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Sunday, July 27, 2008 ePaper | Mobile/PDA Version | Audio |
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PEOPLE: ‘Uncommon’ debates on TV New Delhi, July 26 The prospect of high profile corporate honchos locking horns with social activists on contentious developmental issues gripping the nation could certainly be a recipe for high TRPs on prime time television. ... OUTLOOK: ONGC keen to restart exploration on Kochi-Konkan coast Gas production in Krishna-Godavari basin by 2011. Kochi, July 26 Oil and Natural Gas Corporation is to re-start its oil exploration on the Kochi-Konkan coast in the near future, Mr R.S. Sharma, Chairman and Managing Director, has said. ... MERGERS & ACQUISITIONS: Deal Street: ‘Cycles are getting stretched’ Everyone trying to make rupee work better, say experts. Chennai, July 26 Take out the mega Tata-Corus and Vodafone-Hutch deals; the much-publicised slow-down in Deal Street is not much to worry about, say experts. ... PEOPLE: Ex-NTPC chief heads East Coast Energy Mr T. Sankaralingam, former Chairman and Managing Director, NTPC (National Thermal Power Corp), has joined East Coast Energy Pvt Ltd as the company’s Chairman. Mr Sankaralingam served as CMD of NTPC between April 1, 2006 and April 30, 2008. ... OUTLOOK: Ipca targets Rs 400 cr from malaria drugs sale Aiming to expand its overseas footprint in this segment. Mumbai, July 26 After having got on board former US President Mr Bill Clinton’s initiative to tackle malaria across the world, the Mumbai-based Ipca Laboratories is set to sell its ... OVERSEAS BORROWINGS: Reliance Power to borrow $4 b for new projects Mumbai, July 26 Reliance Power Ltd, the power generation company of Anil Ambani group, said the company has received approval from the Reserve Bank of India to borrow $4 billion as external commercial borrowing in order fund two mega power ... DIVIDEND ANNOUNCEMENT: SCI net up 36%; bonus issue at 1:2 Mumbai, July 26 Shipping Corporation of India (SCI) posted a net profit growth of 36 per cent in the first quarter ended June 30, 2008 on account of high freight rates from liner division, bulk and tanker ... RESEARCH & DEVELOPMENT: BILT launches R&D for pulp, paper industry Ballarpur Industries Ltd (BILT) has announced on Friday the appointment of Mr R. Varadhan as the Head of the Research and Competency Division in Pulp and Paper (RCDP). ... HUMAN RESOURCES: 2,340 workers opt for VRS at Bajaj Auto Akrudi unit Pune, July 26 An overwhelming 2,340 workers of a total of 2,710 workers at Bajaj Auto Ltd, Akurdi have opted for the voluntary retirement scheme that was offered to them last week, and was open till the evening of July 25. ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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