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CORPORATE
MERGERS & ACQUISITIONS:
RIL-RPL merger: A dinosaur in the making
“We want a dinosaur that would fly.” Those were the words of a senior Reliance Industries (RIL) director addressing a group of presspersons visiting the company’s refinery in March 2006. “In terms of size,” ...
MERGERS & ACQUISITIONS:
Chevron to exit RPL, paving way for merger
To offload 5% stake to Reliance Industries. Mumbai, Feb. 28 American oil major Chevron will exit from Reliance Petroleum (RPL) by selling its five per cent stake to Reliance Industries (RIL) which has a 70.38 per cent stake in the company. In ...
CORPORATE BONDS:
How to assess a bond offer?
With the Tata Capital’s issue of non-convertible debentures receiving an overwhelming response, the limelight is once again on corporate debts for retail investors, perhaps after a long break. The spread between 10-year corporate bond ...
OUTLOOK:
Tube Investments to firm up 2-wheeler plans by year-end
Chennai, Feb. 28 Tube Investments of India Ltd, part of the Rs 9,582-crore Murugappa Group, will firm up its two-wheeler plans by this year-end. Last November, the company created a business unit, BSA Motors and launched five electric ...
ANNOUNCEMENTS:
GAIL signs pact for gas supply to 4 fertiliser units
GAIL (India) Ltd has signed agreements to supply 4.89 million standard cubic metres a day (mmscmd) of natural gas to four fertiliser ...
ALLIANCES & JOINT VENTURES:
Ashok Leyland, Bank of Baroda tie up
Ashok Leyland on Saturday signed a memorandum of understanding with Bank of Baroda to support finance for end-customers as well as dealers. A press release from the company said the tie-up will enable the company to leverage the ...
NEW PROJECTS:
Mahindra SEZ opens light engineering space
Mumbai, Feb. 28 The light engineering and handicrafts special economic zone of Mahindra World City, Jaipur, was inaugurated ...
NEW PROJECTS:
Foundation stone laid for NLC 1,000 MW power project
Chennai, Feb. 28 The foundation stone for the Rs 4,910-crore, 1,000-MW thermal power project of NLC Tamil Nadu Power Ltd was laid at Tuticorin on Saturday by Mr Pranab Mukherjee, Union Minister for External Affairs who holds additional charge ...
COURTS/LEGAL ISSUES:
Maytas Infra files case against Vedanta
Hyderabad, Feb. 28 Maytas Infra Ltd has filed a criminal case against Vedanta Aluminium Ltd (VAL) and eight of ...
Columnists:
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C Gopinath
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Harish Bijoor
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Ramanujam Sridhar
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Radhika Chada
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K Srikrishna
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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