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Monday, July 04, 2005

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IOC's Gujarat refinery resumes operations
INDIAN Oil Corporation's Gujarat Refinery has begun operation after the first impact of floods in the State receded. According to the company, the primary processing units, which were shut down due to incessant rains and water logging early ... More

Aurobindo Pharma gets US approval for Efavirenz
AUROBINDO Pharma Ltd on Sunday announced that it has received approval from the US Food and Drug Administration for Efavirenz tablets, 600 mg, which it claims is the first generic approval given to it ahead of the rest of the ... More

Refinery capacity to be doubled
HYDERABAD: Mr A.A. Khan, the new Chief of the Rajahmundy Asset of the Oil and Natural Gas Corporation (ONGC), said the capacity of Tatipaka Refinery will be doubled in a specified timeframe. He stressed the need to introduce latest ... More

INSIGHT


Ignorance of law: Is it feigned or real?
Can a foreign national be appointed as a director on the board of an Indian company? The answer is `yes'. But not everybody seems to think so as this story reads. More

FIXED DEPOSITS


CLB orders Govt to appoint 2 directors on Morepen board
THE Company Law Board (CLB) has directed the Union Government to appoint two Government directors on the board of Morepen Laboratories Ltd for a period of three years to safeguard the interest of depositors, particularly small depositors, who ... More

MERGERS & ACQUISITIONS


`Acquisitions: Indian cos outperform foreign firms'
INDIAN companies acquired 26 overseas firms while foreign corporates laid their hands only on 20 Indian firms in the first quarter of 2005-06, according to the Assocham Eco Pulse Study. There were 110 M&A deals across sectors like FMCG, ... More

NEW PROJECTS


Local opposition puts Chemfab desalination project in hot water
HAVING spent Rs 4 crore on the project after duly getting all clearances from the Government for its desalination project, Chemfab Alkalies is wondering how to get around a surprise-problem - opposition from the local fishermen. Hours before ... More

Madras Engg plans auto slack adjuster unit in SEZ
MADRAS Engineering Industries Pvt Ltd, which makes a brake system component for commercial vehicles, is setting up a production unit for automatic slack adjusters at the Mahindra World City, a special economic zone near Chennai. According to ... More

SOCIETY & DEVELOPMENT


Ion Exchange sets up desalination plant in Nagapattinam
RESPONDING to the critical need for safe drinking water in tsunami affected areas, Ion Exchange India Ltd (IEL) has taken the initiative in supplying a containerised seawater desalination plant to the Tamil Nadu Government and installing it in ... More

OUTLOOK


Ashok Leyland bullish on multi-axle vehicle segment
ASHOK Leyland Ltd has launched indigenously engineered multi-axle vehicle and plans to cater to a big chunk of this segment in the country. Addressing a press conference here today after the launch of the vehicle 2214 BS II-25 T GvW at ... More

Swaraj Mazda to roll out medium, heavy commercial vehicles
LIGHT commercial vehicles manufacturer Swaraj Mazda Ltd (SML) is all set to foray into the medium and heavy commercial vehicles (M&HCV) segment. Having signed a technical assistance agreement with Japanese automobile major Isuzu, SML is learnt .. More

NEW PRODUCTS & SERVICES


Bentley launches Continental Flying Spur
THE premium luxury car manufacturer Bentley Motors today said it would focus on the top-end saloon market for India. At the launch of its latest offering, `Bentley Continental Flying Spur', Mr Ian Gorsuch, Regional Director West Asia, Africa ... More
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Top Stories
`Bigger correction is overdue in mid-cap stocks'


International design award for desi slippers

`Acquisitions: Indian cos outperform foreign firms'

Banks see rise in revenue from cross-selling retail products

Rupee against dollar — It's fundamentals versus sentiment

World cotton prices may firm up on lower output

South Gujarat in troubled waters

Yards chock-a-block with orders

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jun. 26-Jul. 2
Bharat Forge buys Federal Forge

Govt asks IOC to seek second opinion on IBP merger swap ratio

Higher capex and changed product mix may hit Mico


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