Financial Daily from THE HINDU group of publications
Wednesday, February 01, 2006
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Financial Daily from THE HINDU group of publications Wednesday, February 01, 2006 |
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CORPORATE ANNOUNCEMENTS Canoro begins oil sales from Assam field CANORO Resources Ltd, holding 60 per cent operating interest in Amguri field in Assam, announced first oil sales from the field to IndianOil's Guwahati refinery. Assam Co of India holds 40 per cent stake in Amguri. According to a release ... More PRIVATE PLACEMENT Suryalakshmi allots 14 lakh shares to UTI THE board of directors of Suryalakshmi Cotton Mills Ltd has allotted 14,28,300 equity shares of Rs 10 each at a price of Rs 245 a share to Unit Trust of India Investment Advisory Ltd by way of private placement subject to one year lock-in as per ... More OPEN OFFERS CORPORATE DISPUTES No objection to HPL equity allotment to IOC, IDBI: TCG Firm on retaining majority stake IN a new twist to the tale of Haldia Petrochemicals Ltd (HPL), the Purnendu Chatterjee-headed The Chatterjee Group (TCG) is understood to have written to the West Bengal Government that it has no objection to the allotment of shares of HPL to IOC ... More OVERSEAS BORROWINGS Matrix plans overseas offering HYDERABAD: The board of directors of Matrix Laboratories Ltd has decided to raise funds of up to $200 million through overseas offering. The company has informed the stock exchanges that the board has agreed in-principle to raise up to ... More FINANCIAL PERFORMANCE Mold-Technologies net rises HYDERABAD: Mold-Technologies Ltd has registered sales turnover of Rs 18.45 crore for the quarter ended December 2005, compared to Rs 17.50 crore in the same quarter last year. The company recorded net profit of Rs 1.01 crore (Rs 31.3 ... More RESTRUCTURING Falcon Tyres' board, management recast THE shareholders of Falcon Tyres have allowed Ruia Group to take control of the company without any open offer. The extraordinary general meeting of the company held on Monday has approved the `indirect acquisition.' A special resolution in this ... More MERGERS & ACQUISITIONS IndianOil shows interest in Niko's oil, gas assets Sources, however confirmed that IOC had expressed interest in acquiring the entire oil and gas assets including the minority stake in off-shore joint venture with Reliance. More
Natco Pharma buys US drug store
Hidesign to boost overseas presence
TCI board nod for merger plan
Arbitrator fixes Maha Scooters share price at Rs 151.63 NEW PROJECTS Heavy commercial vehicle unit — Tata Motors requests W. Bengal to finalise incentive package TATA Motors has requested the State Government to make public the fiscal incentive package to be offered to the heavy commercial vehicle manufacturing unit it proposes to set up in West Bengal. The State is one of the few locations short-listed ... More
Power Security opens Indian division
TTK Prestige to set up 2 plants REGULATORY BODIES & RULINGS Serious Frauds Investigation Office may get more powers THE Ministry of Company Affairs (MCA) has constituted a committee to look into ways to strengthen the Serious Frauds Investigation Office (SFIO), including whether the investigating body should be given more teeth. "The committee would see what ... More TRADE & LABOUR UNIONS AP Paper declares lockout ANDHRA Pradesh Paper Mills Ltd has declared a lockout at its unit - CP — located at MR Palem in East Godavari district from Tuesday. The company has informed the stock exchanges that the workmen of the unit - CP continue to be on ... More IPOS Sakuma Exports to tap capital market on Feb 8 with IPO SAKUMA Exports Ltd (SEL) is entering the capital market on February 8 with an initial public offering of 66,66,667 equity shares of Rs 10 each for cash at a price of Rs 50 each amounting to Rs 33.33 crore and 10 lakh cumulative redeemable ... More OUTLOOK GVK Power to bid for overseas contracts GVK Power & Infrastructure Ltd, which has been restructured as a holding company for the power businesses of the Hyderabad-based GVK group, hopes to bid for operation and maintenance (O&M) contracts in projects abroad. Mr Som Bhupal, Director More
Hind Motors bullish on auto components biz PEOPLE Actis managing partner rejoins Punjab Tractors board THE Managing Partner of private equity firm Actis, Mr Donald Peck, has rejoined the board of Punjab Tractors Ltd, in which the private equity firm has a stake of about 29 per cent. Mr Peck had resigned from the board of the tractor company in ... More
Jai Hiremath on Novartis board Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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. 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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