Financial Daily from THE HINDU group of publications
Thursday, May 19, 2005
Financial Daily from THE HINDU group of publications Thursday, May 19, 2005 |
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CORPORATE POLLUTION Rs 256-cr project to tackle TTP pollution issue THE Kerala Cabinet has approved a Rs 256.1-crore project to tackle the problem of pollution caused by effluents from the State-owned Travancore Titanium Products Ltd (TTP). The approval comes in the wake of the closure notice issued by the ... More ANNOUNCEMENTS Independent external monitors for ONGC contracts from July INDEPENDENT external monitors will screen Oil and Natural Gas Corporation's contract initiatives from July. Mr Subir Raha, ONGC's Chairman and Managing Director, made this announcement on the `Integrity Pact' at the company's fourth vendors ... More
M&M launches tractor range in Serbia
Ma Foi Academy opened ACCOUNTING STANDARDS Get prepared to be impaired R. Anand on the implementation of the accounting standard on impairment More PREFERENTIAL ALLOTMENTS Mauritius co's plan for stake in Max India cleared THE Government today okayed the joint proposal from Mauritius-based Parkville Holdings Ltd and Ensley Ltd to acquire stake in Max India Ltd involving foreign direct investment worth Rs 337 crore. According to the proposal, the foreign ... More TAXATION Sales tax demand of Rs 4,962 cr on GAIL set aside THE Gujarat Sales Tax Tribunal, Ahmedabad has set aside the sales tax demand of Rs 4,962 crore on GAIL (India) Ltd. The Tribunal has upheld the stand of GAIL that transportation of natural gas by it from Gujarat to other States amounts to ... More WATER Pepsi plant charged with overexploiting groundwater in AP THE Pepsi bottling plant at Madhurawada on the outskirts of Visakhapatnam is overexploiting groundwater by sinking some 40 borewells, as a result of which the people in the vicinity are facing great hardship, according to Mr P. Pulla Rao, ... More RESTRUCTURING Bajaj Auto to revamp 3-wheeler product range BAJAJ Auto Ltd (BAL) has decided to replace its entire three-wheeler portfolio and go back to the drawing board for a range of new products in the three and four-wheeler segment. The company will set up a new plant for these products at its ... More MERGERS & ACQUISITIONS Haldia Petrochemicals unlikely to participate in Basell acquisition HALDIA Petrochemicals Ltd is unlikely to participate in The Chatterjee Group-led consortium's acquisition of Basell NV, according to the West Bengal Commerce and Industries Minister, Mr Nirupam Sen. The West Bengal Government, which is a ... More NEW PROJECTS Posco may sign MoU with Orissa Govt next month POHANG Steel Company (Posco) of South Korea is expecting to sign the memorandum of understanding (MoU) with the Orissa Government next month since the issue of exporting of iron ore stands resolved. And if this deadline holds, then the company ... More
JCB's new plant at Pune to serve as outsourcing hub
REGULATORY BODIES & RULINGS Review of quarterly reporting ruled out Mr Damodaran ruled out any changes to the current system of quarterly reporting of earnings by corporates. "I don't think we can go back on the current system of quarterly reporting of results. If we do that the signal would be far too ... More TRADE & LABOUR UNIONS Jessop enters pact with TUs on wage hike, DA benefits JESSOP & Co on Wednesday entered into a long-term bipartite agreement with two trade unions affiliated to CITU and INTUC for extending DA benefits and wage increments to its employees during the next three years. Apart from committing itself ... More STANDARDS & BENCHMARKS BIS, GAIL form exclusive cell to develop standards THE Bureau of Indian Standards (BIS) and GAIL (India) Ltd on Tuesday formed an exclusive cell for the development of standards for high-pressure oil and gas transmission pipeline systems. Speaking on the occasion, the Chairman and Managing ... More OUTLOOK Most of ABB's future investments to be made in India, China ABB Group is planning to increasingly leverage its Indian operations as a production and resource base while most of its future global investments will be made in India and China. "Our future investments will be in India and China and we expect ... More
Texmaco's new steel foundry unit may begin operations in mid-2006 PEOPLE 3 new addl directors on Ambuja Cement Eastern board AMBUJA Cement Eastern Ltd has appointed three new additional directors on its board, following the recent majority acquisition into its holding company Ambuja Cement India Ltd by Swiss major Holcim. The new directors are Mr Paul Heinz ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
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Looking back May. 8-May. 14 Tata Motors serves an Ace in 3-wheeler space Infosys, Wipro among top 5 most valuable outsourcing cos Malladi Drugs acquires US-based Novus Hyundai awaits TN Govt clarifications for expansion Essar Power plans Rs 4,000-cr investment in new capacity United Phosphorus in talks to buy Shaw Wallace Agro |
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