Financial Daily from THE HINDU group of publications
Monday, January 09, 2006
Markets (January 6)
BSE Sensex9640.29 (+22.55)
S&P CNX Nifty2914 (+14.15)
US Dollar (Buy/Sell)44.53/69.78


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INSIGHT


Listing the tools of management
I REMEMBER a popular textbook on Indian economics that I was required to study as an undergraduate. It was encyclopaedic, covered every topic imaginable, but very efficiently boiled everything down to lists. There were, ... More

RESTRUCTURING


ONGC to go for best exploration practices
OFTEN criticised for low success ratio in exploring oil and natural gas in the country, ONGC has called for an organisational revamp in its exploration activities. Labelled `Exploration Rejuvenation Campaign (ERC)', the project aims at ... More

MERGERS & ACQUISITIONS


Cargill India to pick up 51% stake in Matrix Biosciences
THE Foreign Investment Promotion Board (FIPB) has cleared Cargill India's proposal to pick up a 51 per cent controlling stake in Hyderabad-based Matrix Biosciences Ltd, according to sources. Matrix is a player in the animal and aquaculture ... More

NEW PROJECTS


TN leather sector disappointed with Apache going to AP
Industry people had been optimistic that the investment would come to Tamil Nadu and it was predicted that this was the beginning of a trend that would see manufacturers from Taiwan and China looking at diversifying production bases coming to the Sta te. More

Accor's five-star hotel to be ready by April in Hyderabad
ACCOR, a European major engaged in travel and tourism, has announced that a 300-room Novotel five-star hotel would be ready for commissioning by April ahead of the Asian Development Bank meet slated to be held in Hyderabad later this ... More

REGULATORY BODIES & RULINGS


FIPB allows BG to hold 50% in Mahanagar Gas for one more year
THE Foreign Investment Promotion Board (FIPB) has given its nod for British Gas to hold a 50 per cent equity in Mahanagar Gas Ltd (MGL) up to December 2006, thereby giving a one-year extension to the gas major for continuing with its present ... More

TRADE & LABOUR UNIONS


Toyota Kirloskar declares lockout at Bidadi plant
TOYOTA Kirloskar Motor Ltd has declared lockout for an indefinite period at its Bidadi car plant as a section of its workers continued to strike work. The lockout was to ensure the safety of all concerned including those on strike, Toyota ... More
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In Focus

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In Depth

Gender Justice
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Looking back
Jan. 1-Jan. 7
Cos raise over Rs 75,000 cr from global markets in 2005

Adherence to Clause 49: IOC convenes EGM to induct more independent directors

Africa promises bed of roses for floriculture sector

Total value of M&A, PE deals in 2005 at $18.2 b

Mahindra buys 98.6 pc in UK's Stokes Group — Forging capacity to go up by 36,000 tonnes


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