The Hindu Business Line : Monday, September 01, 2008

CORPORATE

OUTLOOK: Sterlite expects higher profits from copper biz
Identifies three key value drivers for growth. Tuticorin, Aug. 31 Sterlite Industries expects its profits from copper business to surge from three key value drivers – a pick-up in smelting and refining margins, lower cost of power and ...

INSIGHT: Spin off – a money spinner
Very often we hear about company restructuring through transfer of business or assets to a subsidiary company. The latest in the list is the speculation about the transfer of 80 per cent participatory interest in D6 block in KG Basin by RIL to ...

OUTLOOK: Shirdi Industries to launch designer furniture by fiscal end
Processing centres being set up at seven cities. Ahmedabad, Aug. 29 Shirdi Industries Ltd, makers of input material for the furniture industry, will invest Rs 150 crore to set up processing centres in seven cities of India from where it would ...

OUTLOOK: Marico Industries, Coconut Development Board to promote cluster cultivation
The Coconut Development Board has begun work with the Rs 1,900-crore FMCG company, Marico Ltd, to develop and promote coconut farm clusters to extend scientific farming practices, free distribution of agricultural inputs and promotion of ...

NEW PROJECTS: Trinamool team meets Bengal Governor
A 16-member delegation comprising members of the Trinamool Congress and the Krishi Jami Jiban Jibika Raksha Committee, among others, met the West Bengal Governor, Mr Gopalkrishna Gandhi, on Sunday, to convey to him the initial responses of the ...

NEW PROJECTS: Yona Smelters sets up unit at Vizag
Visakhapatnam, Aug. 31 A ferro-manganese and silico-manganese factory, set up by Yona Smelters Pvt Ltd at Bobbili in Vizianagaram district, was inaugurated by Mr P.K. Bishnoi, Chairman and Managing Director of the Visakhapatnam Steel Plant, on ...

OUTLOOK: Kurl-on mulls going public, retail expansion
New Delhi, Aug. 31 Mattress maker Kurl-on is expanding its horizons by branching into furniture retailing and home furnishing. As a part of its retail expansion, the over four-decade-old company is also mulling to go public ...

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