Financial Daily from THE HINDU group of publications
Thursday, June 08, 2006
Markets (June 07)
BSE Sensex9756.76 (-200.56)
S&P CNX Nifty2860.45 (-76.85)
US Dollar (Buy/Sell)45.96 (-0.03)


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CORPORATE

CORPORATE BONDS
IOC liquidates oil bonds worth Rs 835 cr
IOC today said that it has successfully liquidated 7.07 per cent oil bonds worth Rs 835 crore (including Rs 70 crore for IBP) maturing in March 2009 in the secondary trade market. According to a company statement, the secondary ... More

RESTRUCTURING
Air Deccan on revamp mode
Plans to handle 8 million passengers this fiscal More

NEW PROJECTS
`India cannot survive only as low-cost producer'
MICO chief commissions parts manufacturing plant of LGB More

ALLIANCES & JOINT VENTURES
Ranbaxy ties up with Zenotech for oncology products
Zenotech to manufacture, Ranbaxy to market products in US, Canada More

Genetix ties up with Labmate
The UK-based robotics manufacturer Genetix has entered into a marketing tie-up with Labmate (Asia) P Ltd to market micro-arrays and micro-array scanners in the country. The instruments deliver high-throughput gene expression ... More

SJS, Serigraph in joint venture
SJS Enterprises and Serigraph Inc, USA, have signed a joint venture in the branding industry arena. Serigraph will pick up stake in SJS Enterprises India. SJS and Serigraph hope to explore and expand into virgin markets across ... More

BONUS ANNOUNCEMENTS
L&T approves 1:1 bonus issue
The board of directors of L&T has recommended a bonus issue of shares of the company, the first in 20 years, according to a statement. Shareholders will be issued one free share for every share held. The last issue of bonus shares in the ratio .. More

OUTLOOK
REL aims to generate 16,000 MW
Investment outlay set at Rs 60,000 crore; in-house team to focus on nuclear power More

Janapriya weighing fund-raising options
Company mulls roping in strategic investor, pvt placement, IPO More

Biocon's cancer drug gets `favourable review'
Drug controller approval pending More

Samtel to increase picture tube output
Plans investment to the tune of Rs 310 crore More

JCB India aims to boost sales in AP
Opens new showroom, service centre More

PEOPLE
Who will take over from Murthy in August?
Succession plan taking shape at Infosys More


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