Financial Daily from THE HINDU group of publications
Monday, January 30, 2006
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Financial Daily from THE HINDU group of publications Monday, January 30, 2006 |
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CORPORATE ACCOUNTING STANDARDS `Teachers, pros can play proactive role in reforming education' THE two-day national seminar on `Accounting practices: An interactive dialogue with professionals' concluded here on Saturday, where nearly 200 commerce teachers from various parts of the country were exposed to latest issues and practices in the ... More OVERSEAS BORROWINGS Bajaj Hindusthan raises $255.6 m from GDRs, bonds SUGAR major Bajaj Hindusthan Ltd has informed BSE that it raised $255.604 million through issues of global depository receipts (GDRs) and convertible bonds. The company raised $135.604 million through the issue of 16,700,000 GDRs and $120 ... More RESTRUCTURING UB to issue 1 share for every 40 in Mangalore Breweries UNITED Breweries Ltd will issue one fully paid-up share of Rs 10 for every 40 equity shares of Rs 10 each in Mangalore Breweries and Distilleries Ltd (MBDL). In a BSE notification on Saturday, UB Ltd said that the Committee of Directors has ... More MERGERS & ACQUISITIONS Ruia group completes acquisition of IDCOL Rolling Mills — Hirakud Cables takeover in final stages THE Kolkata-based Ruia Group has completed acquisition of the closed Orissa Government PSU, IDCOL Rolling Mills Ltd (IRML). The acquisition of ailing Hirakud Cables, another State PSU, is also in the final stages of completion. The total ... More NEW PROJECTS Mega power project to come up in Maharashtra MUMBAI: Mr Prithviraj Chavan, Minister of State in Prime Minister's Office, said the 4,000-megawatt ultra mega power project would either come up in Dhopave in Ratnagiri district or Vijaydurg in Sindhdurn district of Maharashtra. The ... More
Alwar unit: Prabha Engineers to see 30 pc rise in sales OVERSEAS INVESTMENTS Wire rope production at Usha Martin US unit likely to start by Sept PRODUCTION at Usha Martin Ltd's wire rope manufacturing facility in Houston, US is expected to commence by September this year. The first phase of the $15-million project is scheduled to be fully implemented by March 2007. While the project ... More SOCIETY & DEVELOPMENT Cricket tournament in Bangalore taps budding talents WHEN 16-year-olds are already playing national and international cricket, how does one catch them young or younger? The second Himalaya Chyavanprasha Cup (a cricket tournament for the under-15 launched by the Himalaya Drug Company), which just ... More BONUS ANNOUNCEMENTS Mercator Q3 net at Rs 59 crore; announces 3:2 bonus MERCATOR Lines Ltd has reported a net profit of Rs 58.68 crore in the quarter ended December 31, 2005, as against Rs 58 crore in the corresponding previous quarter. The company said the profit was constrained by a substantial increase in ... More SICK UNITS Ruias put Dunlop dues at Rs 300 cr — Management looks overseas to raise funds Dunlop is now busy raising finances preferably loan finances without any equity string attached, mostly from overseas. Dunlop has also applied for a Rs 100-crore loan with a domestic agency to part-finance the same. More PEOPLE RmKV's partner had a novel approach to silk saris marketing MR K. Viswanathan (48), Partner, RmK Visvanatha Pillai & Sons, died in a road accident near Tirunelveli. His approach to marketing the traditional silk saris and the silk `pavadai'(long skirt) made RmKV a household name, not just in Chennai and . More
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Looking back Jan. 22-Jan. 28 RIL's new SEZ refinery may have to `export' into India Plans afoot to upgrade National Foundation for Corporate Governance Teva-Ivax merger likely to create shifts in pharma sector When `red tape' helped Chemplast shareholders Toyota workers call off strike; want co not to insist on conduct note ONGC may get higher prices for C2/C3-rich gas supplies to IPCL Novartis loses patent claim on cancer drug — Patents Controller upholds Natco contention ONGC-Reliance PMT venture wants MRPL, instead of IOC, to lift oil |
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