The Hindu Business Line : Sunday, February 05, 2006

Anil Ambani group questions gas deal
The deviations in the supply pact will substantially and adversely impact the value for Reliance Natural Resources Ltd shareholders, according to the statement. More

FIXED DEPOSITS

FD OPTIONS
Wheels India: Invest in cumulative option
Wheels India: An investment can be considered in the FD options across tenures of Wheels India. The rate of 7.5 per cent on offer is attractive for a three-year period. Choose the cumulative option, as it would offer a slightly higher ... More

MERGERS & ACQUISITIONS

Gujarat Ambuja Cements — Holcim's gateway to India
Gujarat Ambuja: Hold
ACC: Hold More

What drives Holcim's strategy
"I THINK everybody is very positive about India. There's substantial further growth expected in the coming years," said Mr Markus Akermann, Chief Executive Officer of Holcim, in a conference call on ... More

Cultural issues hinder global M&As by Indian cos: Expert
CULTURAL divide and adapting to management systems overseas are the primary limitations Indian companies face in expanding abroad, according to Prof Marti G. Subrahmanyam, Charles E. Merrill Professor of Finance and Economics, Stern School of ... More

Prophetic
IN October 2004, Mr Anil Singhvi, the then Executive Director (Finance) of Gujarat Ambuja Cements, spoke extensively to Business Line about the group's business strategy, especially its view on ACC and the bids by MNCs. He is now the ... More

NEW PROJECTS

Centre considering Salem Steel Plant expansion
THE Prime Minister, Dr Manmohan Singh, on Saturday said the Centre was actively considering expansion of the public sector unit Salem Steel Plant (SSP) to make it an integrated steel plant. This will be a major investment in this region, he ... More

ALLIANCES & JOINT VENTURES

Leela Group enters Delhi market — Signs management deal
Hotel Leela Venture Ltd has signed a management deal with Ambience Hotels and Resorts Ltd to manage a five-star deluxe hotel with 319 guestrooms and suites and 90 service residences, now under construction in Gurgaon. "It was important for us to ... More

INTERVIEW

Voltas bets big on electromechanical biz
ACCORDING to Mr M.M. Miyajiwala, Vice-President (Finance) at Voltas, the electromechanical business is driving the growth for the company. He also agrees that margins have increased due to the international projects where revenues have increased ... More

OUTLOOK

Global textile accessories producer keen to develop Indian market
THE bullish market trend for textile machinery has encouraged the global textile accessories producer Day International to widen the market share of its branded spindle accessories, cots and aprons, and the rubber-based accessories used in the ... More

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