Financial Daily from THE HINDU group of publications
Thursday, March 09, 2006
Markets (March 8)
BSE Sensex10508.85(-216.82)
S&P CNX Nifty3116.70(-66.10)
US Dollar (Buy/Sell)44.50 (+0.15)


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CORPORATE

ANNOUNCEMENTS


Wellspring launches bird-flu diagnostic test
`Test to cost about Rs 1,200' More

Wockhardt's super speciality hospital in Bangalore
Wockhardt Hospitals Group on Wednesday said it would unveil its 400-bed super speciality hospital in Bangalore in May. An exclusive women's health facility will be one of the four cluster hospitals to be started here. The Rs 150-crore ... More

Colgate to pay 17.5 pc third interim
The board of Colgate-Palmolive on Tuesday announced a third interim dividend of 17.5 per cent, that is, Rs 1.75 per share for the financial year 2005-06. The dividend payout to shareholders will be Rs 24 crore (Rs 27 crore ... More

Indu Projects bags NHAI order
Indu Projects Ltd, a Hyderabad-based infrastructure development company, has bagged a road project worth Rs 320 crore from the National Highways Authority of India (NHAI). In a release, the company said that this would be its ... More

PREFERENTIAL ALLOTMENTS


Vijay Textiles board meet
Vijay Textiles Ltd has informed the stock exchanges that a meeting of its board of directors would be held on March 29 to consider allotment of 50,65,000 equity shares at a price of Rs 12 per share (including premium of Rs 11 per share) to the ... More

OVERSEAS BORROWINGS


Dr Reddy's to hike borrowing limit
The shareholders of Dr Reddy's Laboratories Ltd have approved through postal ballot the company's proposal to enhance the limits of borrowing powers and investments in excess of limits prescribed under Section 293 and 372A of the ... More

MERGERS & ACQUISITIONS


Krishna Knitwear acquires unit in Tirupur
More

Hind Sanitaryware to set aside Rs 200 cr for acquisitions
Talks on with 3 companies in different segments More

ALLIANCES & JOINT VENTURES


ONGC, SCI join hands for offshore logistics venture
To provide end-to-end solutions for vessel operations More

INTERVIEW


Elgi's risk mitigation strategy pays off
Elgi Equipments Ltd (EEL), which witnessed a flat growth during last year due to fall in demand for rig compressors, has put in place a risk mitigation strategy by shifting focus on industrial compressor segment that is non seasonal and on ... More

DIVERSIFICATION


Agilent Tech eyes life sciences, pharma sectors
Agilent Technologies Inc, the $5.1-billion measurement technology provider, has zeroed in on the country's growing life sciences and pharmaceuticals industry, with a range of test and measurements products and services. The company has ... More

OUTLOOK


Honda to invest Rs 400 cr
Launches 125-cc bike; hopes to sell 1.7-lakh units More

Indian Oil hopes to export 5 lakh tonnes diesel to Bangladesh
Plans to add 2,000 retail outlets More


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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Online banking usage picking up


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In Focus

Infrastructure woes stare IT sector
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In Depth

Gender Justice
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Looking back
Feb. 26-Mar. 4
Gas supply issue: Meet today to resolve deadlock
Chiefs of Panna-Mukta venture partners, GAIL to participate


Tatas move to buy Birla stake in Idea Cellular

Delay proves costly for ONGC in Nigeria



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