The Hindu Business Line : Friday, March 24, 2006

Ram Ratna Infrastructure to sign up 20 projects
Ram Ratna Infrastructure, a member of the Mumbai-based Rs 1,000-crore Ram Ratna Group, will be signing up 20 projects in the next three months in South India for its multi-level parking solutions, according to Mr Balachandran Dharmen, Senior ... More

Tube Investments' special interim
Tube Investments of India has declared a `special interim dividend' of Rs 17.50 per share (175 per cent) of Rs 10 each, for the year 2005-06. Further, in a notification to the stock exchange, the company has announced a ... More

CORPORATE DISPUTES

MRTPC gives Colgate clean chit
FMCG major, Colgate Palmolive (India) Ltd, has got a clean chit from the Monopolies & Restrictive Trade Practices Commission (MRTPC) on charges of unfair and restrictive trade practices filed by a consumer of Dabur India Ltd's `Lal Dant Manjan'. More

OVERSEAS BORROWINGS

L&T board okays FCCB issue
The board of directors of Larsen & Toubro Ltd has approved the raising of additional long-term resources amounting up to $300 million (over Rs 1,300 crore) for various purposes, including for "business acquisitions." This will be More

ACCOUNTANCY

Meet on MCA 21
The Madurai chapter of the Institute of Company Secretaries of India, (ICSI), Madurai branch of the Institute of Chartered Accountants of India (ICAI) and the Madurai chapter of the Institute of Costs and Works Accountants of ... More

RESTRUCTURING

Torrent group merges power cos
The Ahmedabad-based Torrent group has announced that its three different companies in the power sector will be merged into one entity called Torrent Power Ltd. The move follows the three separate companies - Torrent Power AEC Ltd, Torrent ... More

Rejig plan to add value to Talbros Auto
In a bid to consolidate and build value for its flagship listed-company, Talbros Automotive Components Ltd (TACL), the Talbros Group has announced that it plans restructuring within the group. Under the proposed restructuring, all auto ... More

MERGERS & ACQUISITIONS

Federal Mogul buying Anil Nanda's stake in Goetze
To pick up 24.64 pc stake for Rs 130 cr More

NEW PROJECTS

Essar set to commission Gujarat refinery by Sept
Refinery capacity to be raised to 12 mt by 2007 end More

ALLIANCES & JOINT VENTURES

PowerGrid inks pact with promoters of 5 projects
Transmission lines to be built at Rs 5,300-cr investment More

BV Biologicals JV with DeLaval
BV Biologicals, a group company of Venkateshwara Hatcheries specialising in livestock management and healthcare, said it has entered into a joint venture with DeLaval Private Ltd for marketing mastitis prevention products. A ... More

INTERVIEW

Heidelberg eyeing 5-10 million tonne cement capacity in 3 years
Interview with Member of the Managing Board, Mr Daniel Gauthier More

OUTLOOK

Tantia upbeat on Rly infrastructure
Tantia Constructions Ltd (TCL), the Kolkata-based infrastructure construction company specialising in railway infrastructure is upbeat on business prospects in the Rail sector. The company expects the railway infrastructure to receive a big ... More

SAB Miller plans to bring in some global brands
Also to create newer domestic brands to have better mix in portfolio More

PERFORMANCE

SAIL's Bhilai unit, Tata Steel report record hot metal output
Both achieved the 5-million-tonne milestone on March 20 More

Pvt cos earn more than States' spend
Top groups such as Tata and Reliance generated more revenue last year than the total expenditure of Maharashtra which, with total expenditure of Rs 74,247 crore, was way ahead of Uttar Pradesh at second place, by about Rs ... More

PEOPLE

PSEB shortlists four to head Coal India
The Public Enterprises Selection Board (PESB) has begun the process of selecting the next Chairman of Coal India Ltd (CIL). The present Chairman, Mr Shashi Kumar, will retire in September 2006. The PESB has short-listed four eligible persons ... More

Steps down from Tata Steel board
Tata Steel Ltd has informed the BSE that at the board meeting held on Thursday, Mr Keshub Mahindra, Chairman, Mahindra & Mahindra, has stepped down from the company's board. Mr B. Jitender, nominee Director of IDBI, also ... More

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