The Hindu Business Line : Friday, January 02, 2009

CORPORATE

OUTLOOK: Fertiliser cos gain as feedstock prices fall
New Delhi, Jan. 1 Fertiliser companies are experiencing a substantial reduction in their production costs, courtesy falling ...

CORPORATE DISPUTES: Nahata, Dhoot bury the hatchet over Datacom
HFCL’s Punjab operations may be merged with Datacom. New Delhi, Jan. 1 The feud between Mr Mahendra Nahata, Chairman of Himachal Futuristic Communications Ltd, and Videocon promoters Dhoot family over control of Datacom is finally close ...

CORPORATE DISPUTES: Bajaj group dispute resolved amicably
Pune, Jan 1 The creation of two Bajaj industry groups, following a settlement in which no cash was exchanged, brings the curtain down on what is one of the longest running family feuds in the history of ...

OUTLOOK: NTPC to change tack in bidding for mega projects
Says current procurement process puts it at a disadvantage. New Delhi, Jan.1 Having lost out in tariff-based bidding for the first set of Ultra-Mega Power Projects (UMPP), NTPC Ltd is getting its act together for ...

TRADE & LABOUR UNIONS: IndianOil officers’ indefinite strike
The Indian Oil Officers’ Association on Thursday reiterated its decision to go on indefinite strike beginning January 7, in protest against ‘minuscule’ hike in wages, a claim that has been contested by the Union ...

OUTLOOK: Singareni expects output to touch 43.6 mt by March
Hyderabad, Jan. 1 Singareni Collieries Company Ltd (SCCL) expects its coal production for the current financial year to grow 7.38 per cent to around 43.6 million tonnes (mt) against 40.6 mt achieved ...

OVERSEAS BORROWINGS: ECB inflows down 35%
Chennai, Jan. 1 External Commercial borrowings made by Indian companies in this fiscal have dropped 35 per cent compared to last ...

ANNOUNCEMENTS: Automobile Corpn to partially shut plant from Jan 5
Mumbai, Jan. 1 Automobile Corporation of Goa Ltd (ACGL), an associate company of Tata Motors, which manufactures sheet metal components and bus coaches, has decided to partially close one of its plants from January 5. Tata Motors holds 42.38 ...

ANNOUNCEMENTS: New motorcycle from Bajaj Auto
Bajaj Auto Ltd, player in the two and three-wheeler segment, would be launching an all new motorcycle in January 2009. Targeted at the ‘Sport Commuter’ segment, 125 cc +, it would be available nationally at all Bajaj dealers, ...

ANNOUNCEMENTS: Suryachakra plant on stream
Suryachakra Power Corporation Ltd has informed Bombay Sock Exchange that the company’s wholly-owned subsidiary, South Asian Agro Industries Ltd having 10 MW biomass power project in Champa, Maharastra, has started operations ...

Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna

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Markets (Jan 01)

Nifty (at close)	3033.45(+74.30)
US Dollar (Buy/Sell)	48.74/76
Brent crude (a bbl) Rs	2,023
Gold (a gram) Rs	1,246
Silver (a kg) Rs	19,505

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