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Saturday, May 07, 2005

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Hindustan Paper to set up bamboo tissue culture lab
Two million seedlings are expected to be available every year from this lab. More

NCCL may split shares
HYDERABAD: The board of directors of Nagarjuna Construction Company Ltd will meet on May 16 to consider sub-division of existing equity shares. The board would also consider and approve audited results of the company for the year ended ... More


Rain Commodities allotment
HYDERABAD: The board of directors of Rain Commodities Ltd will meet on May 13 to consider allotment of equity warrants in favour of both non-promoters and promoters on a preferential allotment basis. The company informed the stock ... More


Anil meets SEBI chief
IN the latest twist in the Ambani drama over control of Reliance group companies, Mr Anil Ambani met Mr M. Damodaran, Chairman, Securities and Exchange Board of India, on Thursday evening. The meeting, at SEBI's headquarters here, lasted an ... More


Nothing stalls a machinery from its `installed' status
TATA Iron and Steel Co Ltd had to battle with the Collector of Central Excise at the apex court recently on the meaning of the word `installed.' The company manufactured parts of rolling stock in its factory (Growth Shop) at Adityapur. It wanted ... More


RBI plans to amend norms to widen corporate debt recast scope
THE Reserve Bank of India proposes to widen the scope of Corporate Debt Restructuring (CDR) and make it more efficient. Under the changes proposed today by the RBI to the existing guidelines, the CDR scheme will be extended to corporates on ... More


CAG finds fault with surplus land sale of NTC unit
THE Comptroller and Auditor General of India (CAG) has found shortcomings on the sale of land of 18.69 acres of sick textile mills by one of the subsidiaries of NTC. In a review on some of the commercial undertaking of PSUs, tabled in ... More


UK footwear, apparel brand DAKS ties up with The Loft
DAKS, premium British apparel and accessories brand, has tied up with The Loft, one of the largest footwear stores in India, to sell its footwear in Mumbai and Hyderabad. According to Ms Reetika Mehra Dalal, Executive In-charge, Up-market ... More

GAIL, NTPC reach pact over gas supply
ENDING a period of uncertainty, NTPC and GAIL (India) Ltd have reached an agreement over the price of gas supplies from the Panna-Mukta and Tapti (PMT) fields. GAIL started supply of gas from the Panna-Mukta Tapti field to NTPC on Friday at ... More


R.K. Jain is NTPC Director (Tech)
NEW DELHI: Mr R.K. Jain has been appointed Director (Technical) of National Thermal Power Corporation Ltd. Prior to taking charge as the Director (Technical), he was the Executive Director (NCR), an NTPC release said on Friday. Mr Jain ... More

IDBI chief arrested for `casteist' remarks, released
THE Chairman of Industrial Development Bank of India, Mr V.P. Shetty, was arrested today under the Protection of Civil Rights Act, 1955, Section 7 (1) D, by the Mumbai police. He was released soon, on a bond of Rs 10,000. Mr Shetty was arrested ... More

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Top Stories
Speculative sales pull down sugar futures — Spot trading comes to standstill

CAG finds fault with surplus land sale of NTC unit

IGF seeks probe into alleged price rigging in 3 banks

`Online ad spend set for big leap'

Costlier edible products drive inflation up

Small savings collections up 19%

ACC Q4 net profit up 56 pc; to pay Rs 7 — Two Holcim Directors on Board

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. 24-Apr. 30
Maruti may raise prices in May — Rolls out five millionth car

Ministry to relook at BPCL, Kochi Refineries swap ratio

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