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Monday, December 22, 2008
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OPEN OFFERS: SEBI orders Pyramid Saimira chief to make open offer
Kolkata, Dec. 21 The Securities and Exchange Board of India (SEBI) has ordered Mr P.S. Saminathan, Chairman and Managing Director of Pyramid Saimira Theatre (PSTL), to make an open offer to acquire additional 20 per cent from the public at ...

NEW PROJECTS: Australia’s Servcorp to expand in India
To set up virtual offices in metros. Hyderabad, Dec. 21 After two successful initiatives in India in partnership with K Raheja Corp in Mumbai and Hyderabad at MindSpace, the Australian virtual offices creator for businesses, Servcorp, now plans ...

NEW PROJECTS: Radico’s new distillery goes on stream
New Delhi, Dec. 21 Radico Khaitan has commissioned its second grain-based distillery, set up with an investment of Rs 136 crore, in Aurangabad, ...

NEW PROJECTS: Bhaskar Silicon to set up photovoltaic project
New Delhi, Dec. 21 The Government has received application from Bhaskar Silicon to set up a PV project that would encompass polysilicon, silicon wafers, cells and modules, at a proposed investment of Rs 5,900 ...

OVERSEAS INVESTMENTS: Conglome investing Rs 500 cr in Africa, Asia
Hyderabad, Dec. 21 Conglome Industries Private Ltd, a group company of Visu International Ltd, is looking at investing Rs 500 crore in the first phase for expansion in Africa, Myanmar ...

NEW PROJECTS: Schwing Stetter plans new plant
Ahmedabad, Dec. 21 Schwing Stetter (India) Pvt Ltd, a 100 per cent subsidiary of Schwing Gmbh, Germany, and a leading player in the Indian ready-mix concrete equipment industry, is considering to set up a manufacturing plant in Gujarat with ...

Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna
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Markets (Dec 20)
Nifty (at close)3077.50(+16.75)
US Dollar (Buy/Sell)47.18/20
Brent crude (a bbl) Rs1,963
Gold (a gram) Rs1,190
Silver (a kg) Rs18,100

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