The Hindu Business Line : Wednesday, September 09, 2009

CORPORATE

PRIVATE PLACEMENT: Recovery helps QIP cos’ stocks
Positive performance likely to attract more investors. Mumbai, Sept. 8 Thanks to a strong broad market rally, the share prices of the companies that have raised money through qualified institutional placements (QIPs) have recovered. According to ...

INTERVIEW: Country should be spending $100 b on infrastructure: Naik
L&T chief calls for long-term approach for building power plants. Mumbai, Sept.8 His steely resolve to take Larsen & Toubro beyond the competition is obvious. Mr A. M. Naik, Chairman and Managing Director, L&T, speaks of growth in ...

OUTLOOK: GAIL may join Myanmar, China pipeline project
Mulling proposal from Korean companies. New Delhi, Sept. 8 GAIL (India) Ltd, which hopes to cross a revenue turnover of Rs 50,000 crore within the next few years, is examining a proposal for investing in building a pipeline from a gas field off ...

MERGERS & ACQUISITIONS: SEBI plans panel on takeover norms
SME exchange might not happen soon, says Bhave. Bangalore, Sept. 8 The Securities and Exchange Board of India would soon set up a committee to look into the entire takeover code and see if it needs any ...

ALLIANCES & JOINT VENTURES: Ashok Leyland pact with Magma Fin
Ashok Leyland signed a memorandum of understanding with Magma Fincorp Ltd (MFL) on Monday to provide financing to end-customers of commercial vehicles. The agreement, signed by Mr Rajive Saharia, Executive Director – Marketing, Ashok ...

ANNOUNCEMENTS: Honda Siel exports crankshafts to Japan
Launches upgraded version of Civic in three variants. New Delhi, Sept. 8 Honda Siel Cars India (HSCI) will begin export of engine components to Japan for six months starting ...

ANNOUNCEMENTS: Rourkela Steel re-tenders plate mill
Taking price advantage of current meltdown. Kolkata, Sept. 8 Rourkela Steel Plant (RSP) has re-tendered the plate mill to be installed under the on-going expansion ...

STANDARDS & BENCHMARKS: BCIL’s housing project bags LEED platinum rating
Bangalore, Sept. 8 The Bangalore-based green building technology company and developer of eco-friendly homes Biodiversity Conservation India Ltd (BCIL) has received a LEED Platinum rating for its residential apartment project, BCIL TZed ...

OUTLOOK: Avesthagen to raise Rs 850-950 cr from IPO, overseas funds
Biotechnology company Avesthagen Ltd plans to raise Rs 850-950 crore next year, and this includes a revived public issue plan and overseas ...

OUTLOOK: Merc sees slight fall in tipper segment
Chakan (Pune), Sept. 8 The premium tipper segment of the Indian commercial vehicle market is expecting a marginal decline in sales this year. This is the result of a slowdown in industrial activity, drop investments and tight liquidity ...

NEW PROJECTS: GACL investing Rs 98 cr for expanding hydrogen peroxide plant capacity
Ahmedabad, Sept. 8 State-owned Gujarat Alkalies and Chemicals Ltd (GACL) today announced plans to increase production of hydrogen peroxide to more than 39,000 tonnes per annum (tpa) with an investment of Rs 98 crore at its Dahej complex ...

MERGERS & ACQUISITIONS: Mir acquires resort at Munnar
Kochi, Sept. 8 Mir Hotels and Resorts, the hospitality vertical of the diversified Mir Group, has added one more resort to its growing property ...

MERGERS & ACQUISITIONS: Bharat Refractories merged with SAIL
Kolkata, Sept. 8 Public sector Bharat Refractories Ltd (BRL) has been merged with Steel Authority of India Ltd ...

SOCIETY & DEVELOPMENT: Coke harvesting rainwater
...

NEW PROJECTS: Metronome to build villas
Metronome, the Indo-German Builders, is in the process of constructing villas at Thiruvankulam near here offering a blend of Indo-German architecture. The project called Green Acres has been designed by German architect, Dr Klaus Peter ...

AWARDS & HONOURS: Award for Taj West End
...

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

Markets (Sept 8)

Nifty (at close)	4,805.25(+22.35)
US Dollar (Buy/Sell)	48.47/48
Brent crude (a bbl) Rs	3,241
Gold (a gram) Rs	1,466
Silver (a kg) Rs	27,820

Nifty Companies News
Corporate Filings
SE Diary
Scoreboard

In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Brands get new ad platform with Compaq Cup

Edible oils lead import of sensitive items in Q1

Pranab expects tax receipts to improve in Q3

SBI expects profits to grow 30-35% in Q2

Special voting rights for Govt in Tata Comm mooted

Looking back
Aug. 30-Sep. 5
ICAI preparing second probe into Satyam

K Sera Sera to pitch for IPL team; to issue GDR for funds

Godrej Properties IPO likely in Nov

Sanghvi Movers ‘cranes’ into power sector

Britannia to issue one bonus debenture for every share

Ready to give up Singur land if suitably compensated: Tata

Mahindra group reaches ‘360-degree credibility’

Bajaj Auto’s focus on bigger 100cc bikes pays off with Discover