Financial Daily from THE HINDU group of publications
Saturday, January 22, 2005
Financial Daily from THE HINDU group of publications Saturday, January 22, 2005 |
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CORPORATE ANNOUNCEMENTS GE Healthcare has no plans to hike stake in Medical Systems GE Healthcare, which holds 51 per cent stake in Wipro GE Medical Systems Pvt Ltd, has no plans to increase its stake in the joint venture. "Partnership is the key strategy for successful growth of the joint venture, and the good partnership ... More
Delphi relocates some product lines to India; may shift jobs too
PREFERENTIAL ALLOTMENTS Suryajyoti Spinning board okays pref offer THE board of directors of Suryajyoti Spinning Mills Ltd, the Hyderabad-based yarn producer, at its meeting on Friday has approved preferential offer to promoters and non-promoters and also considered the term loans for the proposed ... More OPEN OFFERS Holcim open offer from March 9 THE open offer by the Holcim group for Associated Cement Companies, to be made through Ambuja Cements India Ltd (ACIL), will commence on March 9 and close on March 28, subject to requisite approvals from the Foreign Investment Promotion Board. ... More OVERSEAS BORROWINGS Granules India raises $8.65-m thru GDR issue GRANULES India Ltd has informed the stock exchanges that following the approval of its shareholders at the extraordinary general meeting held on September 25 last year to issue up to $15-million global depository receipts (GDRs), each ... More AWARDS & HONOURS JRD Tata award for Venu Srinivasan THE Chairman and Managing Director, TVS Motor Company, Mr Venu Srinivasan, was conferred with the prestigious JRD Tata Corporate Leadership Award for the year 2004, by the All-India Management Association (AIMA). As the tenth recipient of ... More MANAGEMENT Top-level rejig at Ranbaxy PHARMA major Ranbaxy Laboratories Ltd on Friday announced a top-level restructuring, including internal reshuffles and appointments from outside the organisation. Pointing out that the appointments are in line with the company's targeted ... More MERGERS & ACQUISITIONS KRL officers say swap ratio with BPCL unfavourable THE Officers Association of Kochi Refinery Ltd (KRL) has expressed disappointment over the share swap ratio recommended for the merger of KRL with Bharat Petroleum Corporation Ltd (BPCL), saying that the present ratio is `far from a fair ... More
UB chief Mallya to buy Deepak Roy's stake in TDV
Unichem plans to buy herbal business CORPORATE GOVERNANCE Investments in Reliance Infocomm — `No violation of corporate governance norms' INVESTMENTS in Reliance Infocomm are in line with the corporate governance norms according to legal opinion sought by Reliance, said Mr Y.P. Trivedi, Independent Director on the Reliance Industries board. "We sought opinions from the former ... More NEW PROJECTS Agrochem industry answers Jammu call THE country's agrochemical industry appears to have zeroed in on Jammu as its tax haven. At least 10 agrochemical companies have set up facilities or are in the process of doing so and a couple more are likely to enter the State's industrial ... More
AstraZeneca begins work on R&D unit
Naturol BioEnergy set to achieve financial closure by March
Conceria Virginia Chennai to start leather processing INTERVIEW 
`Exclusivity, workmanship in monuments our forte'THE Indian monument industry made its first export to the UK in the early 1930s. Since then the industry has come a long way in exporting monuments, which are of different colours and sizes. Out of the total Rs 3,200-crore granite and natural ... More SICK UNITS Minister not in favour of taxing industry for reviving sick firms INDIA Inc seems to have found an ally in the Minister for State (Independent Charge) for Company Affairs, Mr Prem Chand Gupta. Responding to the corporate sectors' demand to reconsider the proposal of levying cess on them for revival of sick ... More OUTLOOK HMT hopes to get more BARC orders HMT hopes to get additional orders form the Bhabha Atomic Energy Centre (BARC) for remote handling gadgets based on robotics. The optimism stems from HMT having successfully fabricating the rugged duty manipulators valued at Rs 4.4 crore to ... More PERFORMANCE Reliance: High refining margins, prices drive growth EXTRAORDINARILY high refining margins and strong petrochemical prices have combined to show a remarkable growth in Reliance Industries' bottomline for the third quarter. The main push to growth appears to have come from the oil refining ... More
Wipro Consumer profit rises on increased sales Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 9-Jan. 15 Shantha Biotechnics sees healthy prospects ADR offerings: Concern over `export of capital market' `BHEL aims at Rs 12,500-cr turnover by 2006-07' Reliance acquires SM Dyechem's glycol unit |
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