Business Daily from THE HINDU group of publications
Friday, March 20, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, March 20, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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RESTRUCTURING: MindTree rejig to take effect from April ‘No specific reason for flare-up in scrip’. Bangalore, March 19 Shares of MindTree Ltd gained by a third to close at Rs 258.80 on the Bombay Stock Exchange, after touching a high of Rs 285 intra-day on Thursday, tracking news reports ... PERFORMANCE: ONGC awards offshore supply vessel contracts in record time Acute shortage in availability of ships. Mumbai March 19 In a bid to tide over the acute shortage in availability of offshore supply vessels (OSVs), ONGC has, last week, finalised tenders and awarded contracts for hiring 11 vessels in a record ... RESTRUCTURING: Dr Reddy’s to exit small generic drug markets abroad Hopes to cut costs, simplify operations. Hyderabad, March 19 Pharma major Dr Reddy’s Laboratories Ltd has decided to exit from the small distributor-driven markets in its global generics business. It would now focus more on key ... TRADE & LABOUR UNIONS: Dunlop union leaders to go on indefinite fast Chennai, March 19 The union leaders and office bearers of the Dunlop Factory Employees Union at Ambattur are to go on an indefinite fast from Friday demanding final settlement for ... OUTLOOK: Tebma Shipyards seeks to invest in AP Tebma Shipyards Ltd, a Chennai-based company, is looking for an opportunity to invest in a project in Andhra Pradesh, either at Visakhapatnam or some other ... ANNOUNCEMENTS: Maytas Infra to meet lenders next week Hyderabad, March 19 Maytas Infra Ltd will convene a meeting of lenders, partners and other stakeholders next week to ascertain the level of financial exposure while assuring them of business ... BUYBACK: Apollo Tyres gets nod for buyback New Delhi, March 19 Apollo Tyres’ Board has approved the company’s proposal to buy a minimum of 67 lakh shares at a maximum price of Rs 25 a share. The maximum amount which the company is permitted to buy is up to Rs 122 crore. ... ALLIANCES & JOINT VENTURES: Trivitron forms joint venture with UK co Chennai, March 19 Trivitron, a medical equipment manufacturer, has entered into a joint venture with the UK-based Brandon Medical to manufacture operation theatre lights in India. The manufacturing facility would come up at ... ANNOUNCEMENTS: S. Africa okays 3 Aurobindo drugs ... NEW PROJECTS: Adani may start generating power from Mundra plant in April Kolkata, March 19 Adani Power may take the first step towards power generation from its proposed 4620 MW thermal power plant at Mundra next week. According to sources, the company plans to light the boiler of a 330 MW unit at Mundra on March ... COURTS/LEGAL ISSUES: MSM, IPL reach out-of-court settlement? New Delhi, March 19 The official Indian broadcaster Multi Screen Media (MSM) is believed to have reached an out-of-court settlement with the organisers of the Indian Premier League (IPL) cricket ... Columnists: • C Gopinath • Harish Bijoor • Ramanujam Sridhar • Radhika Chada • K Srikrishna Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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