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Thursday, January 27, 2005

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ANNOUNCEMENTS


Coal India may import explosives via STC to tackle shortage
IN view of the fact that a shortage of explosives by domestic manufacturers may affect coal production in many coal mines, Coal India Ltd (CIL) is considering approaching the State Trading Corporation for import of such explosives. Informed ... More

HPCL crude handling
VISAKHAPATNAM: The Visakha refinery of the HPCL processed 7 lakh tonnes of crude during the first nine months of the current fiscal, according to Mr Dinesh K. Deshpande, General Manager In-charge. He said here on the occasion of the ... More

ACCOUNTING STANDARDS


Applicability date for revised accounting norms on employee benefits under review
THE date of applicability of the revised accounting standard on `employee benefits' is under review. A technical glitch may compel the Institute of Chartered Accountants of India (ICAI) to abstain, for the time being, from specifying the date ... More

COURTS/LEGAL ISSUES


Lawyers may find it tough to get on co boards
BEGINNING April 1 lawyers may not find it easy to join on the boards of companies. The new corporate governance norms would prohibit partners of legal firms who have had "material association" with a company to take a seat on the board of the ... More

NEW PROJECTS


Dabur to launch Sikkim unit this year — Baddi plant to be upgraded
DABUR India Ltd (DIL) is planning to invest up to Rs 17 crore this year in expanding capacity. The company, which has already set up three manufacturing plants in geographies that offer excise and other benefits over the last year-and-a-half, is ... More

ALLIANCES & JOINT VENTURES


Tinna Overseas to supply bitumen modifier to Pakistan, Bahrain
DELHI-based Tinna Overseas Ltd (TOL) has joined hands with Pakistan's National Refinery Ltd (NRL) and Bahrain Petroleum Company (BAPCO) to launch rubberised bitumen for roads in the two countries. Pakistan and Bahrain would use the TBM super ... More

INTERVIEW


`BIFR status restricting fresh investments in Jessop'
INCORPORATED in 1788, Jessop & Co Ltd was once India's showpiece company in the engineering sector. Having constructed the first iron bridge of the country in Lucknow during the time of the Nawabs of Oudh and Kolkata's Howrah bridge in the early More

SICK UNITS


Pennar Ind lenders to get 43 pc equity by debt conversion
BANKS and financial institutions, along with mutual funds, are set to acquire a controlling equity holding of 43.42 per cent in Pennar Industries Ltd (PIL) with the help of corporate debt restructuring (CDR) package that enables them convert ... More

OUTLOOK


RINL set to achieve Rs 7,500-cr turnover
RASHTRIYA Ispat Nigam Ltd is set to achieve a record turnover of Rs 7,500 crore during the current fiscal, according to the Chairman and Managing Director, Mr Y. Siva Sagara Rao. At a function in Ukkunagaram on the occasion of the Republic ... More
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Top Stories
Widening US trade, budget deficits begin to hurt — Dollar losing favour with most central banks


Pennar Ind lenders to get 43 pc equity by debt conversion

Textile sector can touch $100 b post-MFA: Study

Hill highway to boost Kerala's rural economy

`IT spend by medium-sized businesses up by 15 pc'

Govt may hike subsidy for single super phosphate units

Tea exports decline drastically; imports up

Demand for bio-fuels drives Praj Ind's growth — 5-fold rise in Q3 net on higher exports

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jan. 16-Jan. 22
Cairn Energy to invest $200 m in developing new oil finds

Balrampur Chini plans Rs 200-cr expansion

Saudi Aramco may partner IOC to build crude reserves

ONGC to bid for refinery project in Equador

SWC liquor biz sale in limbo?

A380 may open new biz opportunities for HAL

SEBI mulls altering takeover code

Agrochem industry answers Jammu call


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