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CORPORATE
MERGERS & ACQUISITIONS:
NTPC eyes takeover of ailing SEB stations
Looks for revenues from technical support to State utilities. New Delhi, June 27 NTPC Ltd is betting on revenue streams from technical support assignments for State Electricity Boards (SEBs) to improve the operational efficiency of their thermal ...
MERGERS & ACQUISITIONS:
S. Kumars buys US co Hartmarx; to invest Rs 168 cr
Mumbai, June 27 S. Kumars Nationwide, along with its operating partner Emerisque, UK, has acquired Chicago-headquartered Hartmarx Corporation for $119 million (Rs 571 ...
FINANCIAL PERFORMANCE:
India Cements net down 10% in Q4
Looks to complete coal mine acquisition in 3-4 months. Chennai, June 27 India Cements has reported a 10 per cent drop in net profit for the fourth quarter ended March 31, 2009, compared with the corresponding period in the ...
EVENTS:
Indian cos figure in Welsh biz contest
...
OUTLOOK:
Chennai Super Kings bats for India Cements in western markets
The India Cements Ltd, the south-based cement manufacturer is expanding aggressively in markets in western India. Supporting the brand-building exercise in its market expansion is the Chennai Super Kings, its BCCI-IPL franchise, which earned ...
NEW PROJECTS:
FACT plans Rs 650-cr urea plant
Kochi, June 27 The board meeting of the public sector Fertilizers and Chemicals Travancore Ltd has given an in-principle decision to set up a urea plant with an estimated cost of Rs 650 ...
DIVIDEND ANNOUNCEMENT:
IFCI returns to dividend list with 8% for 2008-09
New Delhi, June 27 After a gap of little over a decade, the country’s oldest term lending institution, IFCI Ltd has returned to the dividend list, aided by better operational ...
ANNOUNCEMENTS:
B.K. Birla group to raise stake in cos thru market
Kolkata, June 27The promoter holdings in the B.K. Birla group companies are going to be increased through the creeping acquisition ...
ANNOUNCEMENTS:
Vizhinjam offer revoked due to long delays: Lanco
Thiruvananthapuram, June 27 The Hyderabad-based Lanco Infratech Ltd has revoked its offer for the development of the Vizhinjam International Container Transhipment Terminal “due to ...
INTERVIEW:
Hotels seek rationalisation of service tax
Mumbai, June 27 Last fiscal was not the best of times for the hospitality and tourism sector. The global slowdown coupled with the Mumbai terror attacks in November 2008 hit revenues by 30-40 per cent, compared to 2007-08 levels. Mr Vivek ...
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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