Business Daily from THE HINDU group of publications
Saturday, September 20, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, September 20, 2008 ePaper | Mobile/PDA Version | Audio |
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NEW PROJECTS: Reliance starts pumping crude from Krishna-Godavari basin Oil to be sold to refiners; associate gas to be injected back. New Delhi/Mumbai, Sept. 19 Reliance Industries Ltd (RIL) has put an end to speculation regarding its ability to exploit hydrocarbon from its offshore asset in Krishna-Godavari Basin, ... ALLIANCES & JOINT VENTURES: Maytas Metro signs concession pact for Hyderabad rail project AP Govt urges Centre to grant Rs 2,300 cr. Hyderabad, Sept. 19 Maytas Metro Ltd (MML), the company formed to build, operate and transfer the Rs 12,132-crore metro rail project, has signed the formal concession agreement with the Andhra Pradesh ... OUTLOOK: Lack of deepwater rigs hits ONGC’s drilling plans Co may take $1 b bridge loan to part fund Imperial acquisition. New Delhi, Sept. 19 Public sector exploration major ONGC, which is envisaging an investment of over $5 billion to start production from deepwater blocks in Krishna Godavari basin by ... TAXATION: ICICI Bank out of top 10 advance taxpayers’ league BHEL, NTPC are the new entrants. New Delhi, Sept. 19 Private sector presence in the top ten advance taxpayers’ league has dwindled, going by the latest data compiled for the September 15 instalment by the ... OUTLOOK: Garware Offshore to tap African oil exploration market Contract for the 3-yr deployment of its vessel to begin in early 2009. Mumbai, Sept. 19 Offshore service provider Garware Offshore, for the first time, will be dipping into the African oil ... PERFORMANCE: Exports beef up Kanan Devan’s balance sheet Insulates price-realisations from domestic market. Kochi Sep 19 While several Indian tea plantations continue to be dogged by falling yields and dwindling bottom line, the net profit of Kanan Devan Hills Plantations Company grew by 52 per cent ... OVERSEAS INVESTMENTS: Oil India to begin maiden overseas drilling in Libya next year Completes seismic surveys in Libyan blocks. Kolkata, Sept. 19 Oil India Ltd (OIL) proposes to launch its maiden overseas drilling campaign in Libya in early 2009. It is the operator in six overseas onshore exploration blocks, five in Libya and ... NEW PROJECTS: Hindalco investing Rs 19,800 cr on capex Plans to mop up Rs 5,000 cr thru rights issue. Mumbai, Sept. 19 Hindalco Industries plans to invest Rs 19,800 crore in the next three years in various expansion ... OUTLOOK: Tata BlueScope plans export from Jamshedpur plant from 2010 SAARC countries on export radar. Kolkata, Sept. 19 Tata BlueScope Steel, a 50:50 joint venture between Tata Steel and Australia-based BlueScope Steel, is planning to export 10,000 tonnes of coated steel coil annually from its proposed ... DIVERSIFICATION: Richa Industries to invest Rs 125 cr in diversification Company plans to get into pre-engineering building. Mumbai, Sept. 19 Garment and fabric manufacturer Richa Industries plans to diversify into pre-engineering building (PEB) with an investment of Rs ... MERGERS & ACQUISITIONS: Opto Circuits signs LoI to acquire European co Bangalore, Sept. 19 Opto Circuits India Ltd has signed a non-binding letter of intent to acquire a European medical equipment company. It said in intimation to the Bombay Stock Exchange on Friday that the proposed acquisition of 100 per ...
MERGERS & ACQUISITIONS:
Videocon, BPCL buy Brazilian firm
MERGERS & ACQUISITIONS:
Bongaigaon Refinery, IOC merger unlikely this fiscal as minority shareholders resist
OUTLOOK:
Zebra Tech eyeing Tier-II,-III cities Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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