Business Daily from THE HINDU group of publications
Wednesday, September 02, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, September 02, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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CORPORATE DISPUTES: Gas row: Anil Ambani welcomes Centre’s amendments to apex court petition Centre’s role to be limited to gas use policy of production sharing contract. Mumbai, Sept 1 The Reliance Natural Resources (RNRL) Chairman, Mr Anil Ambani, on Tuesday welcomed the amendments proposed by the Centre in the Special Leave ... MERGERS & ACQUISITIONS: It can take a year to turn around Maytas Infra, says IL&FS chief Open offer announcement for 20% stake to be made today. Hyderabad, Sept. 1 IL&FS will come up with an announcement on Wednesday for its open offer to acquire 20 per cent additional stake in Maytas Infra Ltd (MIL), which would require about ... PERFORMANCE: Car cos not dampened by deficit monsoon Two-wheeler-makers not so sanguine. BL Research Bureau Concerns about the poor monsoon impacting sales growth have weighed on automobile stocks in recent weeks, with the BSE Auto Index declining 1 per cent in ... OUTLOOK: Tata to shed tea tag for beverage bag New name to be decided in two-three weeks. Kolkata, Sept. 1 Tata Tea Ltd will be renamed to reflect its changing profile, said the Chairman, Mr Ratan Tata, while addressing shareholders at the company’s annual general meeting here on ... ALLIANCES & JOINT VENTURES: Modi Tyres’ revival to ride on Continental German co has tech pact with JK Tyres for radials. New Delhi, Sept. 1 After eight years of lifelessness, Modi Tyres is readying to get back its lost position in the tyre industry, but it will not be doing that under the Modi ... FINANCIAL PERFORMANCE: Stand-off in AP hits SAB Miller Posts Rs 64-crore loss as sales dip in its biggest market. Bangalore, Sept. 1 SAB Miller, the second largest beer company in the country after United Breweries, has posted losses of about Rs 64 crore in its Indian operations ... OPEN OFFERS: Bharati, ABG tussle for Great Offshore hits SEBI roadblock Open offers have not got statutory approval. Mumbai, Sept. 1 The tug-of-war between Bharati Shipyard and ABG Shipyard to gain control of Great Offshore has now hit a stumbling block with SEBI yet to give statutory approval for the open ... PRIVATE PLACEMENT: Austral Coke barred from raising capital SEBI has, in an interim order, barred Austral Coke And Projects Ltd from raising any further capital in any manner, directly or indirectly. SEBI’s order follows the Income-Tax Department’s communication to SEBI of the manipulation in ... CORPORATE DISPUTES: Gas row: Govt’s interest only on allocation, not Ambanis’ pact New Delhi, Sept. 1 The Government on Tuesday filed an application with the Supreme Court in the Krishna-Godavari Basin D6 block gas supplies row involving the Ambani brothers clarifying that it was not for declaring the entire agreement of ... NEW PROJECTS: Balaramapuram Mills’ phase II expansion soon Thiruvananthapuram, Sept. 1 The Industries Minister, Mr Elamaram Kareem, has said that the second phase of expansion at the re-opened Balaramapuram Spinning Mills will be taken up by the end of this ... MERGERS & ACQUISITIONS: IL&FS’ exposure in Maytas counted for decision on ownership change New Delhi, Sept. 1 Handing over the reins of Maytas Infra to IL&FS was the best option as the leading infrastructure finance company was not only the largest shareholder in the crisis-ridden firm originally promoted by the Raju family, ... NEW PROJECTS: German co to make wheels for metro rail coaches at Sri City Chennai, Sept. 1 A German company is putting up a manufacturing facility to produce wheels for metro rail coaches at the upcoming Sri City industrial township-cum-Special Economic Zone, some 40 km north of Chennai, in ...
NEW PROJECTS:
Ready to give up Singur land if suitably compensated: Tata
NEW PROJECTS:
SBQ Steels to expand capacity
PEOPLE:
Eaton names GM for truck biz
NEW BUSINESS:
HCC bags Rs 276-cr order 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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