Financial Daily from THE HINDU group of publications
Sunday, February 19, 2006
Markets (Feb 17)
BSE Sensex9981.11(-143.19)
S&P CNX Nifty2981.50 (-40.10)
US Dollar (Buy/Sell)44.41/44.54


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CORPORATE

ANNOUNCEMENTS


Nalco to pay 20% interim dividend
NATIONAL Aluminium Company Ltd (Nalco) has announced an interim dividend of 20 per cent, amounting to Rs 128.86 crore. Of the amount, the Union Government will get Rs 112.34 crore as its share and the rest will be paid to the other ... More

ACCOUNTANCY


NID to design logo for chartered accountants
THE National Institute of Design (NID), Ahmedabad, has been entrusted with the task of designing a logo for chartered accountants (CAs). A non-refundable advance of Rs 50,000 has been paid for the purpose, informs Mr T.N. Manoharan, President ... More

FIXED DEPOSITS


TV-18 offers attractive interest
Television Eighteen: An investment may be considered in the fixed deposit programme of Television Eighteen. The company offers an FD for a one-year period. The interest rate of 9 per cent on offer appears attractive, as does the 9.5 ... More

NEW PROJECTS


Spanish co Cata plans factory in Himachal
CATA Electrodomestico S.L., a Rs 4,500-crore Spanish home appliance manufacturer, plans to set up a factory at Baddi in Himachal Pradesh, at a cost of Rs 21 crore, according to Mr Navaneet Bhatnagar, General Manager (Sales), Cata Appliances ... More

West Bengal CM lays foundation stone for Shree Renuka Sugars' refinery in Haldia
THE West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, today laid the foundation stone of the Rs 250-crore sugar refinery being set up by Shree Renuka Sugars Ltd at the industrial township of Haldia, about 150 km from here. Said to become ... More

Ural India's truck unit opened in Haldia
Venture with Russian co to make 7,000 trucks per annum

WEST Bengal has got its first automobile plant after Independence with the Union Defence Minister, Mr Pranab Mukherjee, inaugurating Ural India Ltd's truck manufacturing facility on Saturday at the Haldia industrial township, about 150 km from ... More

REGULATORY BODIES & RULINGS


Company Affairs Ministry unveils e-filing project in Coimbatore
THE Ministry of Company Affairs' (MCA) project to facilitate on-line filing of company documents, a part of the Government'se-governance plan, is off the ground with the formal launch of `MCA-21', the pilot project of electronic filing, at the ... More

OUTLOOK


SRF aims at Rs 85-crore revenue from carbon credits
SRF Ltd said it is expecting to generate revenues of Rs 85 crore from the sale of 1.4 million carbon credits during the current fiscal. It is expecting to receive first cash flows from its Clean Development Mechanism (CDM) project from ... More

PEOPLE


Daga to take charge as IOC's Director-Marketing
THE Public Enterprises Selection Board (PESB) has selected Mr Gyan Chand Daga to assume the office of Director-Marketing of Indian Oil Corporation Ltd. Mr Daga, who had previously served IOC, is now the Director-Finance of Steel Authority of ... More
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In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 12-Feb. 18
GSK Pharma to bring in more products, intensify research

Radico gets export duty waiver for grain distillery in UP

Reliance Private Equity picks up 44 pc stake in DTDC for Rs 70 cr

United Phosphorus buys Dutch seed firm for 100 m euros

HLL back in the driver's seat

Reliance Petro raises $1.5 b loan for Jamnagar refinery project

Banks halt deposit-based lending to corporates

Saint-Gobain to set up unit for solar control products — Opens second float glass plant

Numaligarh Refinery mulls Rs 800-cr IPO — Final decision in four months

Coal India likely to report Rs 6,000-cr net profit

K.K. Birla Group makes changes in sugar biz restructure model

Ranbaxy was not for `any' price for Betapharm: CEO

Indian cos raise $10 b via ECB route in 9 months



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