The Hindu Business Line : Saturday, January 01, 2005

India Cements to seek shareholders' nod for hike in authorised capital
INDIA Cements Ltd will seek the approval of its shareholders to increase its authorised capital from Rs 225 crore to Rs 275 crore and also to privately place equity warrants and optionally convertible debentures to raise Rs 655 crore. The ... More

Samtel to issue 2.2 m warrants to promoters
SAMTEL Colour Ltd has announced the issue of 2.2 million warrants to the company's promoters. As per the board's decision, the warrants have the option to be converted into equity shares within 18 months from the date of allotment at Rs 90.18 ... More

NEW PROJECTS

Aarvee Denims to add capacity; plans garments foray
AARVEE Denims and Exports Ltd, makers of `Amtex' brand of denim fabric, has lined up a capacity expansion of 11 million metres per annum and plans to enter into the garments business during the new financial year. "We are currently working on ... More

OUTLOOK

ONGC charts plan to hike output at Bombay High
ONGC is planning to step up production at Bombay High to 18 million tonnes through a specially designed re-development plan. The plan, which includes building of more wells, enhanced oil recovery (EOR) and adequate reservoir management ... More

Tsunami: Beta group chief sees no major economic fall-out
THE damage caused by the cataclysmic tsunami in the coastal areas of a number of countries in South-East Asia, Sri Lanka and India is not going to have a "major economic fall-out" in terms of production-disruption. On the other hand, the disaster ... More

PERFORMANCE

Hero Honda Dec sales up 44 pc
NEW DELHI: Hero Honda's sales during calendar year 2004 jumped 35 per cent to 25,28,699 motorcycles compared with 18,73,632 motorcycles in the previous year. According to a company release, December 2004 saw a continuation of the ... More

Scoreboard
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Charges of violations — SEBI yet to complete Reliance probe

`Tsunami impact on marine sector brief'

`No major cancellations to SE Asia'

Treasury profits decline for banks, FIs, insurers — Dividend receipts may take a hit

External debt rises marginally to $113.6 b — Short-term debt up by 3.9 pc to $6.485 b in September quarter

Auto components make robust strides

Govt nod for over 5 lakh additional seats on foreign airlines during open sky policy

Air India to re-enter freight market

In Focus