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MANAGEMENT: Price Waterhouse to recast operations
Sets up five-member advisory board. Mumbai, March 5 As part of its image makeover drive following the Satyam fiasco, Price Waterhouse, the Indian audit arm of PriceWaterhouseCoopers, has decided to revamp ...

INTERVIEW: It will take 2 years to come out of the recessionary trend: Vedanta chief
Mumbai, March 5 Global economic gloom has cast its shadow on the metal markets. Prices of ferrous and non-ferrous metals have crashed from their historic highs scaled last year. Being a cost-intensive business, many of the metal ...

OVERSEAS INVESTMENTS: Power firms head to Indonesia for coal
New Delhi, March 5 The enactment of a new, more liberal, mining legislation in Indonesia is drawing coal-starved Indian power utilities and coal firms to the island-nation in ...

NEW PROJECTS: Bosch India increasing capex by Rs 250 cr
To focus more on low-priced vehicles this year. Bangalore, March 5 Auto parts maker Bosch has said that it will increase its capex by about Rs 250 crore this calendar year, but it was too early to make a forecast on the growth potential for the ...

OUTLOOK: SAIL’s coking coal imports likely to touch 10.5 mt this fiscal
If the present trend is any indication, the Steel Authority of India Ltd’s (SAIL) coking coal import in 2008-09 will exceed that in 2007-08. The current fiscal, it is estimated, will end up with a throughput of about 10.5 million ...

ALLIANCES & JOINT VENTURES: ONGC to operationalise first gas sales pact today
Pact to be signed with Calcutta Compressor. Kolkata, March 5 Come tomorrow and ONGC will operationalise its first gas sales agreement from the $200-million CBM development project ...

OVERSEAS BORROWINGS: Now, ‘simple’ is in
CRISIL COMPLEXION. Chennai, March 5 Keep it simple, is what journalists, writers and speakers are told – if they want to connect with their ...

OUTLOOK: Apollo Tyres to resume production at Kochi plant
New Delhi, March 5 Apollo Tyres on Thursday said that it will start production at its Kalamassery plant in Kochi ending over three months of lock out at the plant since early ...

PEOPLE: Govt appoints directors for two Maytas cos
New Delhi, March 5 The Government has appointed its nominees on the boards of two Maytas ...

ALLIANCES & JOINT VENTURES: Tata Motors ties up with PNB for car loans
Mumbai, March 5 Tata Motors has tied up with Punjab National Bank (PNB) for providing loans to its car customers. PNB, one of the largest public sector banks, will provide loans up to 90 per cent of the invoice value of a Tata Motors car ...

REGULATORY BODIES & RULINGS: Ranbaxy gets USFDA nod for BP drug
New Delhi, March 5 Ranbaxy Laboratories Ltd on Thursday said that the company has received an approval from the US Food and Drug Administration (USFDA) for a drug to treat high blood pressure. The drug is the bioequivalent of ...

ALLIANCES & JOINT VENTURES: Aurobindo Pharma-Pfizer deal: Positive for both companies
Aurobindo Pharma has entered into an in-licensing and supply agreement with Pfizer Inc for the supply of finished dosage products. Under the terms of the agreements, Pfizer has acquired rights to 39 generic solid oral dose products in the US ...

OUTLOOK: JSW Steel sees output growth
JSW Steel reported an 8.5 per cent growth in crude steel production at 3.31 lakh tonnes in February, compared to 3.05 lakh tonnes logged during the corresponding month in the last fiscal. This includes the trial production of 18,262 tonnes from ...

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




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Markets (March 05)
Nifty ( at close)2576.70(-68.50)
US Dollar (Buy/Sell)51.83/87
Brent crude (a bbl) Rs2,373
Gold (a gram) Rs1,393
Silver (a kg) Rs23,345

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In Focus
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Bosch India increasing capex by Rs 250 cr

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Truly rural

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SAIL’s coking coal imports likely to touch 10.5 mt this fiscal

Looking back
Feb. 22-Feb. 28
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