Financial Daily from THE HINDU group of publications
Wednesday, August 17, 2005
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Financial Daily from THE HINDU group of publications Wednesday, August 17, 2005 |
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CORPORATE ANNOUNCEMENTS Serum launches DTP/Hepatitis B combination vaccine SERUM Institute of India Ltd, the country's largest vaccine manufacturer, has launched its combination vaccine Q-Vac for DTP (diphtheria, tetanus, pertussis (whooping cough) and Hepatitis B. Priced at Rs 50 per dose, Serum's vaccine is ... More
Sterling Resorts plans to raise capital thru equity, warrants OVERSEAS BORROWINGS Ind-Swift completes $10.6-m GDR issue IND-SWIFT Laboratories has completed raising $10.625 million through the issue of 25 lakh Global Depository Receipts (GDRs), each representing one underlying equity share of Rs 10 each. The GDRs will be listed shortly on the Luxembourg Stock ... More ENVIRONMENT Run-up to Montreat meet on climate change — Indian cos set to get better deal on carbon trading INDIAN companies eyeing for carbon trading benefits may get a good deal now with prices increasing in the run up to the United Nations Framework Convention on Climate Change (UNFCCC) Montreal conference in November-December. Rates per tonne of ... More GENDER Bill tabled to permit women in night shifts THE Government today tabled the Factories (Amendment) Bill 2005 that allows employment of women in night shifts. In March this year, the Cabinet had approved the amendment following long-standing demand for gender parity in the ... More CORPORATE BONDS PSL pact with Deutsche Bank MUMBAI: PSL Ltd has informed the BSE that it has signed a subscription agreement with Deutsche Bank to issue zero coupon convertible bonds with a maturity of five years for a total value of $40 million. The bonds are to be converted to ... More RESTRUCTURING K.K. Birla group's sugar cos revamp plan suffers setback — Bihar Govt refuses reallocation of sugar unit to UP THE proposed restructuring of the two sugar companies of the K.K. Birla group has received a major jolt, as the Bihar Government has not allowed relocation of a sugar unit to Uttar Pradesh. According to the plan worked out by Ernst & Young, the . More MERGERS & ACQUISITIONS 
Ranbaxy eyes large-sized acquisitions — Kalam inaugurates third R&D facilityAFTER Israeli Teva Pharmaceutical Industries Ltd announced plans of acquiring Ivax Corporation, making it the largest generics company in the world, Ranbaxy Laboratories Ltd reiterated on Tuesday that it is also looking at growth through ... More NEW PROJECTS ITC to invest Rs 2,500 cr in ECF paper plant ITC Ltd plans to invest Rs 2,500 crore during the next two-three years towards putting up a greenfield Elemental Chlorine-Free (ECF) pulp and paper plant which would increase its annual paper and paperboard manufacturing capacity to 5.5 lakh ... More
Indo Schottle opens second unit in Pune ALLIANCES & JOINT VENTURES 
GV Films signs pact with 1-Net SingaporeGV Films has signed a memorandum of understanding (MoU) with 1-Net Singapore for the Web streaming of over 6,000 films for which Internet rights were acquired more than four years ago. Mr Mahadevan Ganesh, Chairman, GV Films, said that the ... More RIGHTS ISSUE K.K. Birla group to invest Rs 450 cr on sugar capacity expansion The board had also decided to come out with a rights issue of Rs 65-70 crore for working capital requirements. More OUTLOOK Tata Steel to increase capacity to 15 mt TATA Steel, which has announced plans to increase its steel capacity to 15 million tonnes by 2010, is looking at increasing its capacity to 25-35 mt beyond 2015. In an interaction with journalists of The Hindu group today, Mr B. ... More PEOPLE 
Tata Motors ED Sumantran resignsDR V. Sumantran, Executive Director (Passenger Car Business & Engineering Research Centre), Tata Motors, has stepped down from his post. A company statement said today that he had communicated his decision to resign to pursue other interests ... More 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 Aug. 7-Aug. 13 ICI mulls buying HLL stake in Quest Lupin firms up overseas expansion plans — Signs pact with Kyowa of Japan No company shall buy its own shares ... Mawana Sugars plans Rs 535-cr capacity expansion India Inc high on mergers and acquisitions IVRCL to set up desalination plant near Chennai |
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