The Hindu Business Line : Tuesday, January 18, 2005

`Researches should be done in Indian context'
RESEARCH work in the country should be done in the Indian context and after studying the sentiments. It should also try to address and solve the problems faced by Indians, said Prof. Krishna Palepu, Senior Associate Dean and Director of ... More

ANNOUNCEMENTS

RasGas in talks to hike gas supply to Petronet
QATAR'S Ras Laffan Liquefied Natural Gas Company (RasGas), which has signed a contract to supply 7.5 million tonnes of liquefied natural gas to Petronet LNG, is in talks to increase gas supplies beyond the contracted amount, its Managing ... More

ABB India bags turnkey project from West Asia
ABB India has bagged export orders from West Asia, valued at Rs 135 crore. The order included turnkey project for new 220/66/20kV outdoor air-insulated substations. The scope of the project, scheduled for completion in around 18 months, ... More

Judges visit RINL plant
VISAKHAPATNAM: The panel of judges for awarding the Prime Minister's trophy visited the Rashtriya Ispat Nigam Ltd steel plant here on Monday to assess its performance during 2003-2004. It may be noted that the plant had been awarded the ... More

OVERSEAS BORROWINGS

RIL ties-up for $350 m multi-currency loan
RELIANCE Industries Ltd (RIL) today said it has syndicated a five-year $ 350 million multi-currency loan. The company claims it is the first Indian company to borrow a loan with three currency options - US dollar, Japanese yen and euro. ... More

MERGERS & ACQUISITIONS

BPCL, Kochi Refineries boards okay 4:9 swap
THE boards of directors of Bharat Petroleum Corporation Ltd and Kochi Refineries Ltd (KRL) today approved a 4:9 swap ratio. KRL shareholders would get four BPCL shares for every nine shares held by them. BPCL holds 54.68 per cent stake in ... More

NEW PROJECTS

Balrampur Chini plans Rs 200-cr expansion
SUGAR major Balrampur Chini Mills Ltd has worked out a Rs 200-crore expansion programme, under which it will set up a new 7,000-tonnes-crushed-per-day (TCD) sugar plant and expand the capacity in two of its four existing mills. With the ... More

OUTLOOK

India Cements to explore steps to reduce cost of debt
INDIA Cements Ltd will continue to look at steps to infuse fresh money into the company to reduce the cost of debt and to bring down the number of lenders, according to Mr N. Srinivasan, Vice-Chairman and Managing Director, India ... More

Cairn Energy to invest $200 m in developing new oil finds
HAVING tasted big success in Rajasthan where it discovered one of the largest oil and gas finds in India in recent times, Scottish exploration company, Cairn Energy, plans to be an active participant in the fifth round of blocks being offered ... More

Indo Asian to focus on South India
SOUTH India, which has been projected to give a buoyant growth to its business, the Delhi-based Indo Asian Fusegear Ltd is eying acquisition in the region to service the market. Though no serious bid has been made, the company has been ... More

Timken India to ramp up export, domestic markets
TIMKEN India Ltd plans to strengthen its presence in the country by expanding its domestic and exports markets. Maintaining a steady growth of 50 per cent in its exports in the last three years, the bearings company hopes to double its ... More

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FCI to float bonds to raise Rs 1,000 cr

Balrampur Chini plans Rs 200-cr expansion

`Controlling fiscal deficit is the biggest concern' — — Dr Raghuram G. Rajan, Economic Counsellor and Director of Research, IMF

Cairn Energy to invest $200 m in developing new oil finds

FMCG unlikely to show value growth this year

NHB to launch housing index

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BHEL Disinvestment

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