CORPORATE
RESEARCH & DEVELOPMENT
Dishman files DMF in Europe for two molecules
Plans to start disinfectant formulation division
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PREFERENTIAL ALLOTMENTS
BPL allots equity shares
BPL Ltd has informed the Bombay Stock Exchange that the board of directors of the company has allotted on June 30a total of 1.7 crore equity shares of Rs 10 each at a premium of Rs 33.02 per share aggregating to Rs 73,13,40,000 on preferential ...
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OVERSEAS BORROWINGS
McNally Bharat Engg plans $10-m FCCB issue
Plans foray into industrial gear boxes
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DIVIDEND ANNOUNCEMENT
Precot Mills profit, sales fall in Q4
To pay 60 pc dividend for 2005-06
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Sree Sakthi net up at Rs 1.7 cr
Sree Sakthi Paper Mills Ltd on Friday said its net profit in 2005-06 rose to Rs 1.7 crore from Rs 1.02 crore a year ago. Its turnover during the year stood at Rs 63.38 crore, up from Rs 49.50 crore in the previous fiscal, the ...
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Shrenuj Group net up 62 pc; to pay 35 pc
Expands operations in US, Europe, UAE
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Ansal net up 166 pc in Q4
Real estate company Ansal Properties and Infrastructure Ltd (APIL) reported a 166 per cent increase in its net profit to Rs 11.72 crore for the quarter ended March 31, 2006, as compared to Rs 4.4 crore in the corresponding period last year. ...
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NEW BUSINESS
IJMII signs pact for Rs 570-cr NHAI project
IJM (India) Infrastructure (IJMII) has signed a Rs 570-crore project with the National Highways Authority of India (NHAI) to build a 93-km four-lane toll way on National Highway 45. IJMII is a wholly owned subsidiary of Malaysian construction ...
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BHEL bags 2 contracts in Afghanistan
Bharat Heavy Electricals Ltd has bagged two contracts worth Rs 220 crore for power projects in Afghanistan. While the first contract is from Power Grid Corporation of India for setting up a substation in Kabul, the second ...
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RESTRUCTURING
IOC firm on corporate restructuring plan
To focus now on the merger with CPCL
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MERGERS & ACQUISITIONS
Wockhardt acquires Farex, Protinex brands
Buys Dumex India from Dutch co for undisclosed amount
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Tata Industries picks up stake in Indigene Pharma
Looking to develop products for consumer-health segment
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Jindal Stainless eyes acquisitions in East Europe
Company's proposed steel plant in Orissa delayed by a year
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NEW PROJECTS
Pratibha Syntex plans Rs 349-cr expansion
Terry towel production unit likely at Pithampur SEZ
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OVERSEAS INVESTMENTS
Apollo to set up hospitals in 4 countries
Investment of Rs 300 cr on hospitals in Indian cities
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RINL bids for coking coal blocks in US, Canada, Australia
Rashtriya Ispat Nigam Ltd (RINL) is bidding for four coking coal blocks in Australia, Canada and the US. Out of these, the bids for the Australian blocks are jointly with Steel Authority of India Ltd (SAIL),the Minister for Steel, Chemicals ...
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DIVERSIFICATION
Correction
OUTLOOK
Vasan Health Care to invest Rs 20 cr in Kerala
New eye care centres to be opened at Thiruvananthapuram, Kottayam, Thrissur and Kannur by July next year.
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Indu Projects to dilute 8.5% equity to raise Rs 150 cr
To tap market after improving valuation; Embarking on projects worth Rs 15,000 cr
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Bangalore, hot favourite for Leela Ventures
In terms of incoming visitors, source market for Goa
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PEOPLE
New independent directors join BEL
Bharat Electronics Ltd has said the nine independent directors named recently have formally come on board. BEL has seven whole-time or functional directors and two part-time Government directors. The nine part-time directors ...
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New MD for Keltron
The head of the Voter ID Cards division of the Kerala State Electronics Development Corporation (Keltron), Mr M. Narayanan, has taken over as the company's Managing Director. This comes close on the heels of Mr V. Ramkumar ...
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NEW PRODUCTS & SERVICES
Wyeth launches new 7-in-1 vaccine
To protect from pneumococcal disease; expected to gross $2 b this year
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