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Saturday, April 30, 2005

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Reliance to raise $250 m via syndicated loan
RELIANCE Industries Ltd (RIL) has re-entered the offshore debt markets with a mandate for a fresh 5-year $250 million multi-currency syndicated loan. The mandate for this transaction has been awarded to six of RIL's relationship banks. This ... More

CCL Products gets shareholders' nod for FCCB issue
THE shareholders of CCL Products (India) Ltd, formerly known as Continental Coffee Ltd, have at the extraordinary general meeting held on Friday approved a resolution to raise funds to the tune of $20 million through issue of foreign currency ... More


Grasim plans to acquire Canadian pulp mill
GRASIM Industries said it plans to acquire the Canada-based St Anne Nackawic Pulp Mill in partnership with Tembec Inc. Grasim will invest Rs 32 crore to acquire 45 per cent in the 750-tonnes-a-day company. The Grasim-Tembec joint venture ... More


Gamesa Pioneer to invest Rs 100 cr to make wind turbines
GAMESA Pioneer Wind India Pvt Ltd., a joint venture between Gamesa Eolica of Spain, a leading manufacturer of wind turbines, and the Pioneer Asia group of Sivakasi, Tamil Nadu, will invest about Rs 100 crore in a facility to manufacture wind ... More


Ipca Labs forms 50:50 venture with Chinese co
IPCA Laboratories has entered into a 50:50 joint venture with Chongqing Holley Holding Co Ltd of China to market artemisinin-based active pharmaceutical ingredients and its formulations across the world. Bulk drugs and formulations required by ... More


Cost saving measures to help bottomline growth: Hind Lever
HINDUSTAN Lever Ltd, which reported a 14.58-per cent decline in its first quarter profit-after-tax (before exceptional items) to Rs 258.72 crore, expects its actions on cost reduction, judicial pricing and strengthening of brands to help towards ... More


Tube Investments rides on strong demand in auto sector, exports
TUBE Investments of India Ltd, a Murugappa group company, has exploited the strong demand in auto sector and exports to sustain its performance during 2004-05 and plans to double its tube making capacity. According to a press release from the ... More


Chaba named GM India President
GENERAL Motors Asia Pacific on Friday announced that it would appoint Mr Rajeev Chaba as the President and Managing Director of its India unit, replacing Mr Aditya Vij. Mr Chaba, who is the Chief Operating Officer of General Motors India Ltd, ... More
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Top Stories
Keyman cover can be sold as term policy only

Panel questions open sky policy on airline IPO day

Indians top `intending car buyers' list across Asia

Spices exports rise 18 pc in 2004-05

GE Shipping Q4 net up 36 pc to Rs 252 cr

Grasim Q4 net profit down 19 pc on higher expenses

In Focus

BHEL Disinvestment
China's 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
Apr. 17-Apr. 23
Saint-Gobain's 2nd float line to go on stream by year-end

Competition Commission in a board-like avatar

ONGC venture hopes to earn $120 m more through direct sales

Panel report on oil PSUs' merger likely next month

Charak Pharma in pact with Russian co for liver disorder drug

IISCO-SAIL merger: Montek riles Left again

Sonalika group co begins trials for three-wheeler

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