Financial Daily from THE HINDU group of publications
Wednesday, December 14, 2005
Markets (December 13 - 15.30 IST)
BSE Sensex9263.90(+130.23)
S&P CNX Nifty2812.30 (+36.10)
US Dollar (Buy/Sell)46.04/46.17 (latest)


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Skoda to hike car prices in Jan; launches Laura
SKODAAUTO India has said it would hike the price of its cars by up to Rs 30,000 from January owing to increased freight costs. "The price of 12 models of cars from SkodaAuto India will go up between Rs 15,000 and Rs 30,000," the Managing ... More

Ranbaxy to file new application for anti-malarial drug
RANBAXY Laboratories Ltd plans to file, in early 2009, a New Drug Application (NDA) for its anti-malarial drug, which is a combination of the short acting molecule called RBx 11160 and the long-acting piperaquine phosphate (PQP). RBx 11160 is ... More

  • Clarification

    MERGERS & ACQUISITIONS


    Gujarat Setco buys Dana Corporation unit
    GUJARAT Setco Clutch Ltd on Tuesday reported acquiring Lipe Clutch Division of Dana Corporation, through its wholly-owned subsidiary, Setco Automotive (UK) Ltd. The acquisition cost was Rs 16 crore and was funded in part from the Rs 15-crore ... More

    McLeod Russel buys Doom Dooma Tea for Rs 69 crore
    HINDUSTAN Lever Ltd (HLL) announced that it is selling off its Assam-based wholly owned subsidiary, Doom Dooma Tea Co Ltd, to McLeod Russel India Ltd (MRIL) for Rs 69 crore. On Tuesday, a formal Memorandum of Agreement was signed between the two ... More

    NEW PROJECTS


    VW team holds talks with TN Govt
    A TEAM from Volkswagen, the German car manufacturer, on Tuesday held discussions with the Tamil Nadu Government officials, as part of its on-going process of finding a location to set up a manufacturing plant. According to reliable sources, ... More

    GM may set up product development centre in India
    THE world's largest carmaker, General Motors, expects to set up a full product development centre in the country, which includes a car design centre and a test track. "We really can't say how soon it will be because it is entirely dependent on ... More

    SOCIETY & DEVELOPMENT


    The business of social responsibility
    THE World Business Council for Sustainable Development has defined corporate social responsibility (CSR) as the "ethical behaviour of a company towards society". The public expects businesses to behave ethically and ... More

    OUTLOOK


    Honda to invest Rs 700 cr over next five years
    UPBEAT about the outlook for the Indian automobile industry, Japanese auto major Honda on Tuesday said it would be investing up to Rs 700 crore in its Indian subsidiary over the next five years to double production and launch new models and ... More

    PEOPLE


    Rashid Mirza — A passion for hard work
    `RED Tape' may be the brand that got him recognition on the global arena, but red tape is precisely what Mr Rashid Mirza had to counter on a daily basis while transforming a fledgling tannery business into one of the country's largest leather ... More

    Hyundai India to get new MD
    HYUNDAI Motor India is set to see a change at the top with Mr H.S. Lheem, who currently heads Hyundai Motor's Turkey operations, taking over as Managing Director in India. Mr Lheem has about three decades of vast and varied experience and has ... More


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  • Top Stories
    Six banks vie for three Singapore licences


    Employers bullish about hiring: Survey

    Domestic zinc prices may rule firm next year

    Bear grip on edible oils may extend till June

    CMIE increases GDP growth forecast to 7.6%

    Passenger car sales down 2.31 pc in Nov

    Govt identifies more PSUs for divestment

    On questionable questions

    Foreign flag vessels may bring down LNG import costs

    Protests against sending French ship to Alang — Allowing the highly hazardous Clemenceau will 'harm workers'

    In Focus

    Trends in IT - 2005
    FDI in retail sector
    Indian Aviation: Sky is the limit
    India Inc's bonus bonanza
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Dec. 4-Dec. 10
    Dunlop, Falcon acquisition — Cross-country holdings made it a complex deal, says Ruia

    Suzuki all set to launch 125-cc bike in January

    BMW looking to source components from India — Signs pact with TN for CKD plant

    Sumitomo group plans 3rd subsidiary in India

    Bombay HC approves RIL demerger


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