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Wednesday, March 03, 2004

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ACCIDENTS
Probe into BHEL plant blast
HYDERABAD: Investigation into the cause of the minor blast at Ramachandrapuram unit of BHEL that killed two employees and caused damage to the plant has begun, a day after the event. The Inspector of boilers and factories, experts from ... More

ANNOUNCEMENTS
Blood sugar tests at half the cost at Ranbaxy centres
DIABETES patients can avail of the A1C test to monitor their blood glucose levels at almost half the cost, as part of a joint-initiative between Aventis Pharma Ltd and SRL Ranbaxy to raise the awareness on diabetes. The A1C standard is accepted ... More

ABB India bags Rs 60-cr order from Tata Steel
ABB India has bagged turnkey orders worth around Rs 60 crore to provide automation and electrical solutions for projects related to Tata Steel's one million-tonne expansion programme. The orders, obtained through reputed international OEMs, ... More

  • Indo Rama increases PSF prices

    PREFERENTIAL ALLOTMENTS
    Funds' move to trigger open offer for Matrix
    `THE `mode of acquisition' of equity holding in Matrix Laboratories Ltd by two global funds - the US-based NewBridge Capital and the Singapore Government-owned Temasek Holdings — is heading towards triggering an open offer to the Matrix ... More

    OVERSEAS BORROWINGS
    Norms set for Indian Depository Receipts
    Stiff entry: $100 m capital + reserves, $500 m average turnover

    COMPANIES incorporated outside the country can now raise resources from the Indian capital market with the Government notifying norms for issue of Indian Depository Receipts (IDRs). However, only strong overseas companies would be allowed ... More

    Reliance Energy raises $178 m via bonds issue
    POWER generation and distribution company Reliance Energy Ltd, formerly BSES, has raised $178 million (Rs 805 crore) through foreign currency convertible bonds (FCCB) on Monday. The bonds have a maturity of five years and will have zero ... More

    INTERVIEW
    Elgi Equipments' thirst for tech upgradation
    THE Coimbatore-based Elgi Equipments Ltd (EEL) has never shied away from adopting the latest technology. Its Managing Director, Dr Jairam Varadaraj, has always maintained that the company would rather invest in technology than spend huge sums in ... More

    DIVERSIFICATION
    Phillips Carbon Black to get into power trading
    PHILLIPS Carbon Black (PCBL), a RPG group company, is planning to amend its memorandum of association in order get into power trading. PCBL has units in West Bengal, Kerala and Gujarat. Sources say this was part of the Rs 543-crore company's ... More

    Mid-day Multimedia gets set for big screen foray
    JUST as Mumbai is the focus for Mid-Day, the afternoon newspaper of Mid-Day Multimedia Ltd, the city will provide the backdrop for its films. The company, which is making a foray into film production, will position its film stories around ... More

    BONUS ANNOUNCEMENTS
    Jubilant Organosys shareholders' clear bonus issue plan
    THE shareholders of Jubilant Organosys Ltd have approved the issue of bonus shares in an extraordinary general meeting. The bonus shares will be issued in the ratio of 3:5, ie the shareholders will get three new shares for every five shares held ... More

    OUTLOOK
    IACO sees good scope in AC service business
    IACO, which is in the air conditioner distribution business, floated its branded service arms - airForce and airfield in the year 2000. The two divisions engaged in providing a turnkey service in planning and implementation of new air ... More

    PERFORMANCE
    Hyundai Motor sales up 68 pc in February
    HYUNDAI Motor India Ltd said on Tuesday that it sold 15,508 cars in February - 11,590 units in the domestic market and 3,918 in the export market. Domestic sales recorded a 68 per cent increase over February 2003 when the company sold 6,887 ... More

    Toyota posts 56 pc rise in Feb sales
    TOYOTA Kirloskar Motor (TKM) sold a total of 3,511 vehicles in February posting a 56 per cent increase in sales compared with the same period a year ago. The Corolla sold 759 units in February, registering an increase of 138 per cent, while ... More

    PEOPLE

  • S.K. Jain joins BHEL board
    Scoreboard
    SE Diary



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