Financial Daily from THE HINDU group of publications
Thursday, January 26, 2006
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Financial Daily from THE HINDU group of publications Thursday, January 26, 2006 |
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CORPORATE ACCIDENTS 
Caught fireA fire swept through two floors of a five-storeyed building of Remington Rand on Wednesday. There was no report of any casualty in the company which had remained closed for the last few years. The cause and extent of the fire was not ... More ANNOUNCEMENTS Brand valuation of Tata cos moves up to Rs 24,396 cr TATA Sons on Tuesday said that the brand value of the group companies and products has increased to Rs 24,396 crore. "Not many have undertaken the brand valuation exercise, but I think we are the biggest (brand) in India. We are head and ... More
L&T-Samsung Heavy consortium bags ONGC order
Power Finance public offer slated for April-June — Merchant bankers to be appointed shortly
Synygy plans foray into new markets PREFERENTIAL ALLOTMENTS JB Chem to raise funds by pref issue; net up 24 pc THE Mumbai-based J.B. Chemicals and Pharmaceuticals is planning a preferential issue to raise $10 million (about Rs 44 crore) to fund its expansion plans. The company expects to raise funds through the issue of equity on a preferential basis ... More CORPORATE DISPUTES Madras HC clears BPL Cellular's capital reduction programme The proposal, which has already been approved by the board of directors, envisages, inter alia to reduce the paid-up value of each share from Rs 100 to Rs 85. More COMPANY LAW E-filing facilities: Cabinet nod for ordinance to amend Companies Act THE Union Cabinet has given its nod for promulgation of an ordinance to amend the Companies Act, 1956, to enable the corporate sector avail themselves of e-filing facilities. For the successful implementation of MCA-21, the e-governance project ... More IPR Novartis loses patent claim on cancer drug — Patents Controller upholds Natco contention IN a major setback, the Swiss pharmaceutical giant Novartis AG has lost a patent claim for an anti-cancer drug — Imatinib Mesylate — before the office of the Indian Controller of Patents and Designs on Wednesday. Following serious ... More MERGERS & ACQUISITIONS 
Dunlop EGM approves takeover by Ruia group — `Company need not go for open offer'THE extraordinary general meeting (EGM) of Dunlop India on Wednesday approved the `indirect acquisition' of the company by the Ruia Group. A special resolution in this regard was approved by requisite majority through postal ballot, thereby ... More NEW PROJECTS 
Sundram Bleistahl flags off first consignment — Targets Rs 135-cr turnover in seven years To Sundram Fasteners, the joint venture with Bleistahl Produktions GmbH of Germany represents one of its various approaches towards globalisation, needed in its quest to become the world's biggest and best fasteners company. More
Rama Newsprint okays capacity expansion plan
Jindal to set up refinery, smelter plants in Vizag
NALCO plans expansion
`Toyota yet to finalise new plant location' OVERSEAS INVESTMENTS Tube Investments to invest Rs 30 cr in China plant TUBE Investments of India Ltd, a Murugappa group company, plans to invest about Rs 30 crore in a greenfield precision tube manufacturing facility in China. According to the Tube Investments' Chairman, Mr M.A. Alagappan, the plant will have an ... More ALLIANCES & JOINT VENTURES 
Sanyo-BPL joint venture takes off — Eyes Rs 2,000-cr revenues in 3 yearsSANYO-BPL on Tuesday said it expects to post revenues of around Rs 2,000 crore by 2009 and lead the market in consumer electronics and white goods in five years. Unveiling the joint venture's plans, the Sanyo-BPL Pvt Ltd Chairman and Chief ... More OUTLOOK Hikal hopes to get European nod for 3 APIs by April HIKAL Ltd expects European regulatory approvals for three of its APIs (active pharmaceutical ingredients) by April this year, according to its Managing Director and Vice-Chairman, Mr Jai Hiremath. The APIs/formulations in oncology, nausea and ... More
ONGC-Reliance PMT venture wants MRPL, instead of IOC, to lift oil
Reliance for inorganic growth to reach global leadership PEOPLE Narottam Sekhsaria is new ACC chairman MR Narottam Sekhsaria, Managing Director of Gujarat Ambuja Cements Ltd, has been appointed Chairman of Associated Cement Companies Ltd. Mr Sekhsaria was earlier Deputy Chairman of ACC, and has been associated with the company for six years ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 15-Jan. 21 Centre to accept accounting panel's recommendations — Likely to notify AS 1-27 of ICAI Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock Arbitrator to fix share price for Maharashtra Scooters on Jan 31 e-filing facility for India Inc: Ordinance to amend Cos Act likely IOC to seek board approval for Paradip refinery project ONGC, Shell ink pact for joint exploration Some M&A gyan for Indian cos |
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