The Hindu Business Line : Friday, June 12, 2009

CORPORATE

MERGERS & ACQUISITIONS: Sesa Goa to buy Dempo’s mining assets for Rs 1,750 cr
Deal to be funded through internal accruals. Mumbai, June 11 Sesa Goa, a Vedanta Group company, has agreed to acquire the mining assets of Dempo Group for Rs 1,750 crore in an all-cash deal. The assets include mining leases, rights and related ...

RESTRUCTURING: L&T makes Rs 1,037 cr by exiting UltraTech
Mumbai, June 11 Engineering and construction major Larsen and Toubro has made a little over Rs 1,000 crore profit through sale of its residual stake in ...

OUTLOOK: Hoegh Autoliners to ship Nissan cars from India
Maruti Suzuki to manufacture the cars at Manesar. Mumbai, June 11 Norwegian shipping company Hoegh Autoliners will transport the Nissan Pixo cars from India next month. These will be shipped from the Mundra port ...

OUTLOOK: Honda identifies India as launch pad for global small car
Mumbai, June 11 Honda has identified India as the launch pad for its global small car which will debut during the next two to three ...

OUTLOOK: Engg works at Mundra LNG terminal after monsoon
Gandhinagar, June 11 With almost all the scientific studies completed for setting up the State’s third liquefied natural gas (LNG) receiving terminal, being developed with an investment of Rs 5,000 crore, engineering works would begin ...

ANNOUNCEMENTS: GM India begins trial production of new mini car
Hyderabad, June 11 Unfazed by Chapter 11 filing and financial turmoil of the automotive giant and parent General Motors in the US, GM India has begun trial production of its new mini car to be launched later ...

NEW PROJECTS: NTPC-BHEL power equipment unit gets 750 acres in AP
Hyderabad, June 11 NTPC Ltd and Bharat Heavy Electricals Ltd will jointly set up a power equipment manufacturing unit with Rs 6,000 crore at Mannavaram village in Chitoor district of ...

NEW PROJECTS: Red Fort Capital to invest in Parsvnath’s project
New Delhi, June 11 The Delhi-based Parsvnath Developers Ltd has inked an agreement with real estate private equity fund Red Fort Capital to invest in its luxury residential project in Delhi. Red Fort Capital will invest Rs 90 crore ...

OUTLOOK: Bhilai Steel Plant sets higher output targets
Kolkata, June 11 Bhilai Steel Plant (BSP) has set higher production targets for hot metal, crude steel and saleable steel for ...

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

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Markets (June 11)

Nifty (at close)	4,625.75(-29.50)
US Dollar (Buy/Sell)	47.60/61
Brent crude (a bbl) Rs	3,344
Gold (a gram) Rs	1,363
Silver (a kg) Rs	24,810

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