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Tuesday, February 17, 2009
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ANNOUNCEMENTS: Hindalco board okays tapping share premium reserve
Hindalco, India's biggest aluminium producer, proposes to use its share premium reserves to write off expenses incurred by the company on international acquisition and domestic ...

CORPORATE BONDS: NHAI to mobilise Rs 5,000 cr through loans, bonds
National Highways Authority of India (NHAI) is budgeted to mobilise Rs 5,000 crore through loans and bonds in ...

NEW PROJECTS: Bhilai Steel may start work on Rowghat project soon
Gets preliminary forestry clearance from SC. Bhilai, Feb. 16 Bhilai Steel Plant (BSP), according to its Managing Director, Mr R. Ramaraju, is hopeful of starting work on the much-awaited Rowghat iron ore project within six ...

NEW PROJECTS: Tata Ryerson rolls out steel service centres in AP, Uttarakhand
Kolkata, Feb. 16 Tata Ryerson, a joint venture between Tata Steel and Ryerson Inc (US), has invested Rs 100 crore in the roll out of two advanced-level steel service centres at Tada in Andhra Pradesh and Pantnagar in the ...

NEW PROJECTS: Virgo Engineers sets up unit in Coimbatore
Coimbatore, Feb. 16 The Pune-based valve manufacturing major Virgo Engineers has expanded its manufacturing facility by setting up a valve production ...

ALLIANCES & JOINT VENTURES: Guj Alkalies, IICT ink pact
Hyderabad, Feb. 16 The Indian Institute of Chemical Technology (IICT) here has signed an agreement with Gujarat Alkalies & Chemicals Ltd, Vadodara (GACL) for development of hydrazine hydrate ...

CORPORATE BONDS: Tata Cap NCD issue mops up close to Rs 1000 cr
Mumbai, Feb 16 Tata Capital’s non-convertible debenture programme, which opened on February 2, has collected close to Rs 1000 crore according to the provisional figures received on Monday, it is reliably ...


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




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Markets (Feb 16)
Nifty (at close)2,848.50(-99.85)
US Dollar (Buy/Sell)48.83/84
Brent crude (a bbl) Rs2,127
Gold (a gram) Rs1,367
Silver (a kg) Rs22,890

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In Focus
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Feb. 8-Feb. 14
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