Business Daily from THE HINDU group of publications Sunday, May 31, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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ALLIANCES & JOINT VENTURES: BSNL scouts for pvt partners for Internet Data Centres New Delhi, May 30 Bharat Sanchar Nigam Ltd has invited bids from private players to set up Internet Data Centres (IDCs) in various parts of the country on a revenue sharing ... OVERSEAS INVESTMENTS: Tata Steel UK gets lenders’ nod to reset Corus debt terms Chennai, May 30 Tata Steel has said that lenders of its UK subsidiary have agreed to ease certain conditions for a £3.7-billion debt related to its Corus acquisition. As part of the agreement, Tata Steel will have to infuse ... PRIVATE PLACEMENT: All about QIPs With most funding routes closed, Qualified Institutional Placements or QIPs seem especially alluring at the ... FINANCIAL PERFORMANCE: Sun Pharma fourth-quarter net falls 45% to Rs 394 cr Caraco’s product recall hurts the bottomline. Mumbai, May 30 Drug maker Sun Pharmaceutical took a 46 per cent hit on its export in the last quarter of the financial year ended March 31, 2009, impacting its consolidated bottomline for the ... ANNOUNCEMENTS: BOC India rules out raising equity for now Kolkata, May 30 BOC India management has made it clear that the company was not increasing its equity now and was also not considering delisting of its stock. This means the promoters, the Linde Group of Germany, have decided against ... FINANCIAL PERFORMANCE: Divyashakti’s net profit rises Divyashakti Granites Ltd’s net profit more than doubled at Rs 11.64 crore in the financial year ended March 31, 2009 compared with Rs 3.59 crore in the previous fiscal. The total sales increased marginally to Rs 32 crore (Rs 30 crore). ... OUTLOOK: Ratnagiri Gas may run at full capacity by January Kolkata, May 30 Ratnagiri Gas & Power Pvt Ltd (RGPPL) may start operating at full capacity of 2,150 MW by January. RGPPL had stepped up generation from 650 MW to 950 MW earlier this ...
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