Financial Daily from THE HINDU group of publications
Wednesday, January 18, 2006
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Financial Daily from THE HINDU group of publications Wednesday, January 18, 2006 |
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CORPORATE ANNOUNCEMENTS Pennar Aluminium assets sale: ARCIL accepts Hindalco offer HINDALCO Industries Ltd has informed the BSE that Asset Reconstruction Company (India) Ltd (ARCIL) has accepted the company's offer to purchase certain assets of Pennar Aluminium Company. The company said it would buy assets pertaining to ... More
Kamdhenu Cement plans hike in output AWARDS & HONOURS Mirza Tanners wins export award FOOTWEAR exporter, Mirza International Ltd, has been awarded the Gold Trophy for Overall Exports by the Council Of Leather Exports for the year 2004-2005. The company has also bagged four other awards from the council under as many ... More AUTOMOBILES 
Business deals cross $150 m at auto expoBEHIND the glamour of the aspirational cars and bikes on display, big business was conducted at the Eight Auto Expo, which came to a close on Tuesday. As per estimates, business deals crossed $150 million at the expo, clocking more than three ... More HUMAN RESOURCES Dunlop plans VRS for staff at Sahagunj, Ambattur units DUNLOP India Ltd has proposed VRS to roughly 1,700 employees out of a total of 4,000 for reopening the two facilities at Sahagunj in West Bengal and Ambattur in Tamil Nadu. The VRS will be given with an understanding that they will be absorbed as ... More RESTRUCTURING 
Hectic trading in Reliance scrip; special trading session todayON the last day of trading prior to its de-merger, the Reliance Industries (RIL) counter witnessed hectic activity, sending the stock up by more than 6 per cent. The RIL stock on Tuesday closed at Rs 928.15 on the BSE, up Rs 55.05 (6.31 per ... More
Ballarpur Industries mulls revamp NEW PROJECTS 
Electrosteel expects mining lease for Jharkhand coal project by SeptELECTROSTEEL Castings Ltd will soon start work on a Rs 330-crore (including an interest element of Rs 46 crore) captive coal mine project, along with washeries, at Parbatpur coal block in the Jharia belt in Jharkhand, To meet the costs, the ... More
GAIL-BPCL joint venture incorporated for city gas projects
Malu Paper likely to tap market for Rs 20 crore REGULATORY BODIES & RULINGS 
Arbitrator to fix share price for Maharashtra Scooters on Jan 31THE arbitrator appointed by both the joint venture partners of Maharashtra Scooters Ltd (MSL) — Western Maharashtra Development Corporation (WMDC) and Bajaj Auto — will announce on January 31 the price for MSL share, proposed to be ... More TRADE & LABOUR UNIONS Commissioner sends report to State Govt on Toyota stir THE Labour Commissioner is learnt to have sent a report to the Karnataka Government on the issue of the Toyota-Kirloskar strike. Sources in the Labour Commissioner office said that it is now left to the State Government to take a decision on ... More DIVERSIFICATION Patel Engg plans to enter real estate, hydel power — Rs 500-cr funds to be raised The company is working on acquiring an overseas engineering company with specialisation in civil construction work. More SICK UNITS Fund board offers to restructure TCC loan TO help the State-owned Travancore Cochin Chemicals Ltd (TCC) at nearby Eloor make a turnaround, Kerala Industrial Revitalisation Fund Board (KIRFB) has recommended a reduction in the interest rate on its loan of Rs 47 crore besides raising the ... More OUTLOOK 
Hindustan Motors expects Rs 200-cr revenues from auto componentsHINDUSTAN Motors expects around Rs 200 crore in revenues from its newly formed auto component division in two years. The Managing Director, Mr Ravi Santhanam, told newspersons that the auto component division started at its Kolkata factory has ... More
Shell set to revive GSPC gas supply deal
Essar Steel eyes higher market share for auto-grade products Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Jan. 8-Jan. 14 ONGC to go for best exploration practices SAIL charting new mining proposal — Dry beneficiation plant at Chhattisgarh Reliance demands compensation for selling petro products below cost price Industry to have a say in `large taxpayer units' scheme implementation Tata-Fiat alliance agrees to leverage mutual strengths Gokuldas Images sells 16 pc stake to IL&FS — Major expansion in Weekender proposed Volvo may bag another order for 25 buses |
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