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CORPORATE
OUTLOOK:
Reliance gas sales: Exchange rate changes may not help boost profit
New Delhi, May 12 Despite the favourable movement in the exchange rate, the likely windfall revenue gain for Reliance Industries Ltd (RIL) may not amount much in terms of the bottom ...
OUTLOOK:
Tatas upbeat on Corus, to prepay part of debt
Exploring possibility of resetting clauses in package. Mumbai, May 12 Tata Steel UK, the 100 per cent indirect arm of Tata Steel, is exploring the possibility of resetting certain clauses in the debt package for the $13-billion acquisition of ...
ANNOUNCEMENTS:
Nalco resumes at bauxite mines
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OUTLOOK:
TIL trims investment proposals
Infrastructure and industrial equipment maker TIL Ltd has pruned its investment plan in the proposed greenfield project in West Bengal and is accordingly reorganising funding ...
OUTLOOK:
If ONGC backs out, Mangala output may be delayed: Cairn India
Cairn India Ltd, which is poised to complete preparations by May-end to commence crude oil production from its Mangala field in Barmer district of Rajasthan, has said this work may be delayed if its partner, ONGC, which has a 30 per cent stake ...
DIVERSIFICATION:
Atlas Group to enter realty, to invest Rs 1,000 cr
Kochi, May 12 Atlas Group, which has carved out a niche of itself in the jewellery and healthcare industries across Gulf countries, is diversifying into real estate sector and plans to invest Rs 1,000 crore in Kerala in the next two to ...
OUTLOOK:
Hetero readies drugs for treating ‘swine flu’
Hyderabad, May 12 Hetero Drugs, the lead supplier of ‘Tamiflu’, which is considered the best bet to treat ‘swine flu’, has lined up supply of nine million capsules to the Centre, as part of the national preparedness ...
OUTLOOK:
Camlin enters pre-schools
Mumbai, May 12 Camlin Ltd, better known for producing stationery products, has ventured into the education sector by setting up ...
COURTS/LEGAL ISSUES:
Orders reserved on Rajus’ bail plea
Hyderabad, May 12 The designated CBI court has reserved its orders on bail petitions of Mr B. Ramalinga Raju, former Chairman of Satyam Computer Services, his brother, Mr Rama Raju, and Mr V. Srinivas, ...
AWARDS & HONOURS:
Nikkei Asia Prize for Kiran Mazumdar Shaw
Bangalore, May 12 Ms Kiran Mazumdar Shaw, Chairman and Managing Director of Biocon Ltd, has been chosen for the Nikkei Asia Prize 2009 for Regional Growth for her pioneering work in biotechnology in India, a company ...
OVERSEAS INVESTMENTS:
Jindal Steel arm finds gas in Bolivia
Jindal Steel and Power has tapped natural gas reserves in a well in eastern Bolivia, where the company acquired mining rights in 2007. When contacted the company confirmed it had got some gas in a well it was drilling. According to agency ...
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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