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Thursday, December 09, 2004

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ANNOUNCEMENTS
JB Chemicals gets FDA nod for anti-bacterial molecule
J.B. Chemicals & Pharmaceuticals Ltd on Wednesday announced that the US Food & Drug Administration has accepted its Ciprofloxacin Hydrochloride USP, an Active Pharmaceutical Ingredient (API). USFDA has accepted the Drug Master File and ... More

GAIL to offer energy management services for Bangladesh cos
GAIL (India) Ltd will offer Energy Management Services to industries in Bangladesh. A company delegation visited Bangladesh last week to discuss cooperation and participation in areas such as pipelines, gas processing and CNG with some of the ... More

  • Premier Automobiles seeks shareholder nod for name change

    CORPORATE DISPUTES
    Anil's posers to Mukesh on RIL control
    THE fight between the two Ambani brothers intensified on Wednesday with Mr Anil shooting off five questions to Mr Mukesh on the controversial issue of management control of Reliance Industries Ltd (RIL), which indirectly gives control over the ... More

    Flashback of a flare-up
    S. Murlidharan fears that the battle of the RIL brothers can rake up the old question of the role of investment companies in the group More

    AUDITING
    ICAI to provide support to Nepal counterpart
    THE Institute of Chartered Accountants of India (ICAI) would extend support to the Institute of Chartered Accountants of Nepal (ICAN) in a host of areas including the establishment of a peer review mechanism and launch of the Information System ... More

    MERGERS & ACQUISITIONS
    Komal Chhabria in fray for SWC liquor biz
    MS Komal Chhabria Wazir is on the move to keep Shaw Wallace & Co (SWC)'s liquor business within the Manu Chhabria family fold. The 33-year-old second daughter of the Chhabria estate is attempting a leveraged buyout of the country's second-largest More

    NEW PROJECTS
    Jindal Stainless plans captive thermal unit in Orissa
    JINDAL Stainless Ltd proposes to set up a captive thermal power plant to meet its future requirements in Orissa. The power plant will have two modules of 125 MW each - total of 250 MW. The expected date for completion of the first module ... More

    SAS Motors plans 2 more assembly lines for Angad
    SAS Motors, a low priced tractor manufacturer having managed to market a sub one-lakh model in collaboration with a Chinese major Shandong Shifang, is planning two more assembly lines - one in Hyderabad and the other in West ... More

    Tata Steel in talks for 3-mt integrated plant
    TATA Steel plans to set up a 3-million-tonnes-a-year integrated steel plant, for which it is in talks with a State Government. Disclosing this here on Tuesday to a team of visiting journalists from Chennai, the Tata Steel Managing Director, Mr ... More

    ECS opens Chennai office
    ECS, a consultancy in which the Eicher group and US-based Strategic Decisions Group have equal stakes, on Wednesday opened an office in Chennai. This is the consultancy's fourth Indian office. At a press conference, the Chief Executive, Mr Ravi ... More

    TRADE & LABOUR UNIONS
    Tata Steel to come out of national wage settlement
    TATA Steel has decided to come out of the national-level wage settlement arrangement for workers in its collieries and will instead enter into an agreement with the workers on its own. It would also like to exit the tripartite national-level ... More

    ALLIANCES & JOINT VENTURES
    IOC, Oil India ink pact for overseas exploration projects
    IOC has inked a 10-year agreement with oil exploration firm Oil India Ltd (OIL) for foraying into upstream business of oil as well as other related prospects in the hydrocarbon chain. Besides working on oil and gas exploration in India, the two ... More

    HPCL in talks with MRPL for LNG terminal
    HINDUSTAN Petroleum Corporation Ltd is in talks with Mangalore Refinery and Petrochemicals Ltd to set up a natural gas import terminal at Mangalore. The terminal will have an initial capacity to import 2.5 million tonne liquefied natural gas a ... More

    OUTLOOK
    We are making the right moves: Khattar
    ASK Maruti Udyog's (MUL) Managing Director, Mr Jagdish Khattar, if the company's proposed investments and the increasingly competitive car market could conspire to keep MUL in a high cost environment over the next few years, and he quips, "Tell ... More


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  • Top Stories
    Persisting `low' over Bay key to monsoon revival


    Indian entrepreneurs scout for plant, machinery in S. Korea

    Tata Steel in talks for 3-mt integrated plant

    TRAI allows differential call charges

    TCS may get Rs 318-cr e-governance project

    Basmati prices may rise further

    India, Israel set up joint study group to boost bilateral trade

    `LPG price must be hiked to Rs 492 for parity'

    Looking back
    Nov. 28-Dec. 4
    GAIL in talks for stake in China Gas — Plans Rs 2,000 cr investments in Russia

    UB offers Rs 131 cr for Chhabria's stake in Herbertsons — Files application before SC

    Reliance Info to challenge penalty

    Maruti sales rise 7.8 pc in November

    Reliance row: Will shareholder interests be the first casualty?

    India Inc makes inroads into Africa — Auto majors, pharma cos join the fray


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