Financial Daily from THE HINDU group of publications
Thursday, April 06, 2006
Markets (April 5)
BSE Sensex11746.90(+108.89)
S&P CNX Nifty3510.90 (+27.75)
US Dollar (Buy/Sell)44.61


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CORPORATE

ALLIANCES & JOINT VENTURES


ETA Star, Taj in pact for Dubai luxury project
The $330-million complex set to be commissioned by 2009 More

Dolphin Offshore inks MoU with Ukraine co
To jointly bid for engg projects in India, W. Asia More

ANNOUNCEMENTS


IT implementation helps LNJ Bhilwara group reduce production time, cost
`Enterprise resource planning took 26 months to complete but it was worth it' More

MSPL adds capacity
MSPL Ltd, a leading iron ore mining and exporting company in Karnataka, has added 5.20 MW at its Harihar wind farms in the State. The company recently commissioned nine turbines of 600 KW capacity. With this addition, the ... More

OVERSEAS BORROWINGS


M&M to launch FCCBs issue
Mahindra & Mahindra Ltd (M&M) on Wednesday informed that a committee of its board has decided to launch an issue of Foreign Currency Convertible Bonds (FCCBs) not exceeding $200 million. Commonly termed convertible notes in t More

AWARDS & HONOURS


GAIL LPG plant bags award
GAIL (India) Ltd has bagged the prestigious Sarvashreshtha Suraksha Puraskar for the year 2005 for liquefied petroleum gas plant, Vijaipur, Madhya Pradesh. Mr S.P. Rao, Director (Projects), GAIL, received the award from Mr Chandrashekhar Sahu, ... More

ENVIRONMENT


HMT invests in emission testing lab
HMT Ltd has set up a high-tech Engine Emission Testing Laboratory in R&D centre at its Tractor Division, Pinjore with an investment of Rs 5 crore. The laboratory is the first of its kind in the northern region. This will help ... More

MERGERS & ACQUISITIONS


3i picks up stake in ITL, ICML
More

Federal-Mogul withdraws Goetze notice
American automotive giant Federal-Mogul Corporation, on March 30, withdrew its notice filed on March 23 with the NSE and BSE regarding its proposed acquisition of 62.3 lakh equity shares of the Rs 465-crore Goetze India Ltd (GIL) ... More

Clarification
Celebrity Fashions Ltd has acquired the MEPZ unit of Ambattur Clothing Limited (ACL) for a total consideration of Rs 80 crore for the fixed assets and not as published in these columns on April 4. The company has issued 8.75 per cent debentures ... More

CORPORATE GOVERNANCE


UK to charge 5 drug cos for price fixing
Ranbaxy UK denies any wrongdoing More

NEW PROJECTS


BHEL Tiruchi going in for Rs 190-cr expansion
To meet new, outstanding orders More

INTERVIEW


`Bidding for Polaroid will help entry in US markets'
"We have already sent our bid to them, but we will disclose that at an appropriate time." The Videocon Industries CMD, Mr Venugopal Dhoot More

OUTLOOK


L&T bags NHAI road project worth Rs 550 cr
Involves 4-laning of Palanpur-Swaroopgunj stretch linking Gujarat, Rajasthan More

Toyota to unveil new vehicle this year
Sells 46,348 vehicles during 2005-06 More

Industrial Organics plans IPO
The number of chemical companies moving into the pharmaceutical business is on the rise. Ludhiana-based Industrial Organics Ltd plans to get aggressive in the active pharmaceutical ingredient (API) business next year. However, the company that ... More

IOC plans to lay LPG pipelines to cut costs
More

ONGC fields in Krishna-Godavari to go on stream next year
Technical problems and lack of a weather window have delayed the development of ONGC's G1 and GS15 fields in Krishna-Godavari basin by almost a year. Against the previous target of commencing production by April 2006, the fields are now expected ... More

PERFORMANCE


Price cap pushes IOC under-recovery to Rs 7,132 cr
In April, under realisation is expected to touch Rs 2,200 cr More

BHEL's Bangalore units post Rs 1,150 cr turnover
The Bangalore units of Bharat Heavy Electricals Ltd (BHEL) have recorded a turnover of Rs 1,150 crore for the year fiscal 2005-06, a 41 per cent growth over the previous year. They also recorded a 45 per cent increase in the profit before tax ... More

FACT clocks 21 pc rise in production
Fertilisers and Chemicals Travancore Ltd (FACT) has made substantial increase in production during 2005-06, with the total output touching 9,18,888 tonnes against 7,61,352 tonnes the previous year, registering an increase of 21 per ... More

Rourkela Steel posts record output
Rourkela Steel Plant (RSP) belonging to Steel Authority of India Ltd (SAIL) registered its highest ever hot metal production of 1.78 million tonnes, crude steel production of 1.66 million tonnes and 1.62 million tonnes of ... More


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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
CBDT guidelines for zero coupon bonds


Prasar Bharati ups revenue target

$10-b worth pvt investments needed in energy sector: KPMG

ETA Star, Taj in pact for Dubai luxury project

Metal stocks shine on record high prices

NICL moves to cap claims in medical cover

Reliance Petro IPO price band at Rs 57-62

India's role in global trade becoming significant: Kamal Nath

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
Mar. 26-Apr. 1
ONGC roadshow: 26 firms respond

ITC Foods plans own facility to make biscuits

RBI eases overseas investment norms

`Large taxpayer units from July'

ONGC may pay more for OMCs to book profit

New Jamnagar refinery: RIL looking for partner



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