CORPORATE
ANNOUNCEMENTS
AKC group to invest in Kerala
THE New Delhi-based AKC group of companies has announced that it will invest in Kerala's education and business sectors. Addressing a press conference in the city today, Dr Ashok K. Chauhan, Chairman, AKC group, and founder President Amity ...
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FINANCIAL PERFORMANCE
Phillips Carbon net falls on high global fuel prices — Extends a/c year till March '05
THE unprecedented rise in global fuel prices has made a huge impact on the profitability of Phillips Carbon Black Ltd, an RPG Group company, for the quarter ended September 30, 2004. The company, which only recently became the largest carbon ...
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MERGERS & ACQUISITIONS
M&M scouting for acquisition in China
MAHINDRA & Mahindra Ltd (M&M) is looking to acquire a tractor manufacturer in China. At a press briefing on M&M's results hereon Thursday, senior officials divulged no names but said the company was targeting a 12-15 per cent share in the
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IFC may pick up stake in Cosmo Films
INTERNATIONAL Finance Corporation is likely to pick up a stake in the New Delhi-based Cosmo Films Ltd. IFC is expected to invest $ 4 million (about Rs 18.5 crore) in the equity of the company. The company's Executive Director, Mr S.K. ...
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Times group co picks up stake in Mid-Day Multimedia
A group company of Bennett, Coleman and Co Ltd (BCCL), publisher of the Times of India, appears to have picked up a 7.5 per cent equity stake in Mid-Day Multimedia Ltd, which owns the city tabloid Mid- Day, from the open ...
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TV18 group buys commodity info service co
THE Television Eighteen (TV18) group has forayed into the commodities information market by acquiring existing businesses of Agri Informatics India Private Ltd, a Mumbai-based company operating a commodity information service under the name and ...
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ALLIANCES & JOINT VENTURES
Vitae ties up with Singapore co for hospital project
PACIFIC Healthcare Holdings, a Singapore-based healthcare service provider, has formed a joint venture with Vitae Healthcare to take up a Rs 30-crore healthcare and research project in Hyderabad. The project consisted of three wings, medical ...
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