CORPORATE
ACCOUNTING STANDARDS
SEBI forms new panel to take up disclosures, accounting standards
The Securities and Exchange Board of India has constituted a new committee on disclosures and accounting standards, headed by Mr Y.H. Malegam. The capital markets regulator had earlier constituted two committees, both chaired by Mr Y.H. ...
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AWARDS & HONOURS
Safety award for Vizag Steel Plant
The Visakhapatnam Steel Plant has been awarded the Safety Innovation Award - 2006 by the Institution of Engineers (India) for its "outstanding contributions in the field and adoption of the best and the most innovative safety ...
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COURTS/LEGAL ISSUES
Dutch court favours Ranbaxy on atorvastatin
Ranbaxy Laboratories today announced that a district in the Netherlands has handed down a decision in Ranbaxy's ongoing patent litigation against (Pfizer) Warner-Lambert over the cholesterol-lowering drug `atorvastatin', which is marketed by ...
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ACCOUNTANCY
`ICAI is not averse to opening up of the accounting sector'
The Indian CA is second to none and we will help our members gear up to face competition not only in the domestic turf but also abroad
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MERGERS & ACQUISITIONS
Testing the waters
Tata Tea takes a stake in Energy Brands to move beyond tea and cover its risks in the beverages markets.
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HCs okay Balsara cos' merger with Dabur
The High Courts of Delhi and Mumbai today approved the merger of the three Balsara companies with Dabur India Ltd. With the completion of this merger, Dabur India expects to become the number three player in the oral care business, a company ...
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TAFE pays Rs 40 cr for `Eicher' brand name
Company sold nearly 20,000 tractors in 2005-06
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Facsimile edition of `The Independent'
Jagran Prakashan Ltd (JPL), publishers of Dainik Jagran on Wednesday announced an in-principle agreement that would see it publish the facsimile edition of The Independent (International edition) from here. An ...
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NEW PROJECTS
AP asks Volkswagen to `come out with stand on car plant'
Govt writes to company seeking progress since pact with emissary
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DaimlerChrysler plans new plant; to consolidate operations
Identifies 100-acre plot in Maharashtra; seeks Govt approval
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ALLIANCES & JOINT VENTURES
Dressed for the big league
In a new joint venture with VF Corp, Arvind Brands signals that it wants a larger fit in the growing garments business.
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Advantage Arvind
Arvind Brands stands to benefit from the joint venture but should look beyond Lee and Wrangler now.
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OVL, Petrobras sign MoU for E&P activities
ONGC Videsh Ltd (OVL) has signed an MoU with Brazil's Petrobras for strategic co-operation and participation in exploration and production (E&P) of hydrocarbons on-land and in shallow and deep waters. The MoU was signed by Mr R.S. Sharma, ...
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DIVERSIFICATION
Sundaram Multi Pap to diversify
Sundaram Multi Pap Ltd, a BSE-listed company manufacturing educational paper stationery, has diversified into publication business. The company released its first book, `How to stay ahead in retail', authored by Mr ...
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OUTLOOK
Tetra Pak eyes growth in packaged milk
Brand building, economic growth, retail expansion hold the key
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ONGC-MRPL combine may opt for naphtha as feedstock
Proposed petrochemicals complex at Mangalore
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