Financial Daily from THE HINDU group of publications
Tuesday, February 14, 2006
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Financial Daily from THE HINDU group of publications Tuesday, February 14, 2006 |
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CORPORATE ANNOUNCEMENTS Coimbatore firm launches branded cotton yarn SCM Textile Spinners, part of the Rs 500-crore flagship company TCS Textiles Pvt Ltd, is promoting the cotton yarn brand, `Madras Yarn,' using the group's blue peacock logo. (The logo represents the quality standards for 100 per cent cotton ... More PREFERENTIAL ALLOTMENTS GR Cables plans preferential offer GR Cables Ltd is convening the meeting of its board of directors on February 16 to consider allotment of 45-lakh equity warrants convertible into equal number of equity shares of Rs 10 each at a premium of Rs 2.55 per share as per the SEBI ... More AWARDS & HONOURS Annual report award THIRUVANANTHAPURAM: The Great India Healthcare Management Ltd, which owns the Kerala Institute of Medical Sciences hospital in the city, has won the award for the second best annual report instituted by the Institute of Chartered ... More TAXATION FICCI wants Govt to lessen tax burden on corporate India THE Federation of Indian Chambers of Commerce and Industry (FICCI) has made a case for lowering the tax burden of Indian companies so as to make them competitive in the international market. A study on Indian tax system, the findings of which ... More
Radico gets export duty waiver for grain distillery in UP RESTRUCTURING Many suitors for Bombay Burmah's coffee plantation business — Deal may cost Rs 85 crore "Earnings from the coffee business are meagre. Compared to it, if the company manages to sell it off at Rs 80 crore, then the financial returns are more attractive. The deal would substantially improve the PE ratio of the company." More MERGERS & ACQUISITIONS Bennett to pick up 6% stake in Sahara India SAHARA India Mass Communication Ltd has informed the BSE that its board has approved the plan to issue 11 lakh shares to Bennett Coleman & Company Ltd at Rs 344 per share. It amounts to six per cent, a company official said. The shares would be . More
Country Club eyeing acquisitions NEW PROJECTS BHEL to set up thermal project in Sudan INDIA would build a 500 MW thermal power project in Sudan to help the African nation meet its power needs. The 500 MW thermal power project would be built in 44 months by Bharat Heavy Electricals Ltd (BHEL) for $457 million, of which India has ... More OVERSEAS INVESTMENTS ONGC may invest in oil sand extraction projects ONGC Ltd is exploring the possibilities of investing in oil sand extraction projects. Oil sands or tar sands, a mined product found mostly in Canada and Venezuela, are deposits of bitumen (a heavy black viscous oil), which is treated to produce ... More ALLIANCES & JOINT VENTURES 
W. Asia Maritime in deal with Japan firm to charter bulk carrierWEST Asia Maritime Ltd (WAM), the Chennai-based ship owning and operating company, has signed a $33.52 million (Rs 150 crore) deal with Mitsui & Co, Japan, for taking a bulk carrier under bare boat charter from the Japanese company. The 56,120 .. More OUTLOOK 
GSK Pharma to bring in more products, intensify researchIF 2005 has been a good year for Glaxosmithkline (GSK) Pharmaceuticals Ltd, the company is looking to keep that momentum by doing more clinical research and bringing new products into India this year, said the Managing Director of GSK, Mr S. ... More
Glenmark's prospective obesity drug set for phase I trial in May Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
Looking back Feb. 5-Feb. 11 Cultural issues hinder global M&As by Indian cos: Expert `Integrated energy policy to be finalised soon' Gas deal fuels Ambani spat Mount 10,000 and Reliance Siemens plans to take 50 pc stake in Flender ONGC `dry run' in Bengal continues Jet may need aircraft acquisition panel's nod for Air Sahara buyout ADAG identifies deviations in gas pact, non-compete clause `Labour issue delaying decision on Toyota's small car plant' — Japanese trade team visits Bangalore Oil exploration in Nigeria — ONGC looking at Korean tie-up Ural India to start assembling unit for trucks soon — 2nd auto unit in 64 years at Uttarpara |
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