The Hindu Business Line : Wednesday, June 21, 2006

BUYBACK
Infomedia: Extra opportunity untangled
Here is a perfectly legal, transparent and perhaps one of the fastest opportunity on Dalal Street available now, to earn through a de-materialised account. Prescription Buy 50 shares of Infomedia India Ltd (its ... More

OPEN OFFERS
Easun rejects Siemens' open offer, declines NOC
More

AWARDS & HONOURS
HMA awards announced
Mr R. Sridharan, Chief Operating Officer, L&T Infocity, has been selected as the Manager of the Year, while Mr D. Vidyasagar, Managing Director, SEC Industries, as Entrepreneur of the Year by the Hyderabad Management Association. More

COURTS/LEGAL ISSUES
Pondy must extend subsidised power tariff as promised: HC
`No right to withdraw scheme mid-way' More

MERGERS & ACQUISITIONS
HSBC Global sells Tata Steel shares
HSBC Halbis Partners (Hong Kong) Ltd has informed the Exchange that HSBC Global Investments Funds - A/c HSBC Global Investment Funds (Mauritius) Ltd, along with HSBC Halbis Partners (Hong Kong) Ltd have reduced their stake in ... More

NEW PROJECTS
IOC commissions PTA plant at Panipat refinery
Indian Oil Corporation on Tuesday said that it has commissioned the purified terephthalic acid (PTA) plant at its Panipat refinery in Haryana. With the commissioning of this plant, IOC's vision of becoming a major player in the petrochemicals ... More

ALLIANCES & JOINT VENTURES
GM in tie-up with CNG kit supplier
General Motors India has tied up with Shamankar a CNG kit supplier based in Ahmedabad to offer a CNG variant of Chevrolet Optra at the dealer level. The extra fitment would cost the fuel-conscious buyer an additional sum of Rs ... More

Mansi Oil ties up with overseas co for biodiesel foray
Even as several corporates seriously explore venturing into the promising biodiesel business and for that purpose examine partnership options, at least one Indian company has succeeded in clinching a deal with an overseas partner for supply of ... More

PUBLIC OFFER
Mahindra Gesco plans follow-on public issue
Mahindra Gesco Developers Ltd plans to raise Rs 500-Rs 600 crore through fresh issue of equities. The board of directors of the company has approved the proposal at its meeting on Monday. The board has decided to issue 65 lakh equity shares ... More

OUTLOOK
Wanbury scouting for European buys
With two domestic acquisitions in two years, Mumbai-based pharma company Wanbury is now eyeing the European market. The company is looking at European branded generic businesses with sales of about 20-25 million euros, said Mr Ashok Shinkar, ... More