Business Daily from THE HINDU group of publications
Thursday, July 06, 2006
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ACCOUNTING STANDARDS
From uniform accounting standards to standards on uniforms for accountants
Once upon a time, when Jenny Wren was young, she danced so daintily and sang so prettily that Robin Redbreast lost his heart. You know, he was a gallant bird. "So he doffed his hat to Jenny Wren, requesting to be heard." Thus chimes the good old ... More

PREFERENTIAL ALLOTMENTS
Tatas to hike stake in Tata Steel
Company's AGM passes resolutions for raising funds More

CORPORATE DISPUTES
Analjit Singh refutes trespassing charge
The dispute in the Ranbaxy family has taken a turn for the worse. Mr Analjit Singh, chief of Max Healthcare, today refuted the criminal charges levelled on him by his sister-in-law, Ms Nimmi Singh, and nephew Mr Malvinder Singh, who is the CEO of ... More

Rameshwara Jute Mills: `Proceedings against 4 ex-directors'
Early this week, Rameshwara Jute Mills Ltd filed criminal complaints at the Chief Metropolitan Magistrate's office against four of its former directors alleging criminal conspiracy, breach of trust, forgery falsification of accounts and ... More

COMPANY LAW
MCA-21 will benefit entry, exit of cos: Gupta
Tata Consultancy given responsibility for managing project More

MERGERS & ACQUISITIONS
Emami in talks to acquire company in Hungary
Kolkata-based Emami Ltd is now looking to spread its wings to overseas shores. The company is learnt to be in talks to acquire a manufacturing unit in Hungary. Emami intends to use the facility to manufacture its products to cater to the European ... More

India Inc seeks fund to buy high-tech manufacturing cos abroad
Industry captains put forth suggestions to boost growth More

Raymond arm buys out Colorplus
Raymond Ltd informed the BSE on Wednesday that Raymond Apparel Ltd, a wholly owned subsidiary of Raymond Ltd, which held 74.1 per cent in the share capital of Colorplus Fashions Ltd, a subsidiary of the company, has now acquired ... More

NEW PROJECTS
Mittal coming to perk up India plans
Steel tycoon Mr Lakshmi Niwas Mittal is expected to reach Delhi on Friday to explore new business opportunities and take stock of the company's India plans. Mr Mittal, who recently merged his steel company Mittal Steel with rival Arcelor thus ... More

Maruti plans diesel version of Swift
More

IFC to invest in UP-based CCIL
International Finance Corporation, the private sector arm of the World Bank, has said that it will provide $19.4 million loan and $2 million in equity to Uttar Pradesh-based Continental Carbon India Ltd (CCIL) for expansion of power production ... More

Vadilal to invest Rs 40 cr to expand ice-cream, food biz
Vadilal Industries Ltd will invest Rs 40 crore this year to expand existing manufacturing capacities at its two ice-cream and processed food plants in Gujarat and Uttar Pradesh and the proposed third unit in West Bengal before the year end. The ... More

OVERSEAS INVESTMENTS
India is third largest investor in UK
Indian cos invest around $2 billion in 2005-06 More

INTERVIEW
Price hike vital to fight steep input cost rise: CEAT
`Looking forward for a 9-10% price hike from auto makers' More

OUTLOOK
SRF Group evinces interest in chemical SEZ in Andhra Pradesh
The top officials of the Andhra Pradesh Industrial development departments made a detailed presentation and held meetings with the executives of the company. More

VETA plans 300 centres by 2009
VETA, one of the leading English training academies, is planning to set up 300 centres across the country by 2009. The institute, which is commemorating its 25 years in spoken English training this year, has over 90 franchisees. ... More

PEOPLE
I will always remain a businessman: Rahul Bajaj
"I am not a member of any political alliance, nor do I owe allegiance to any of them. I am a businessman and I will always remain that," said Mr Rahul Bajaj, Head, Bajaj Group and chairman of Bajaj Auto Ltd, at a function held here on Wednesday ... More






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India is third largest investor in UK

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Looking back
Jun. 25-Jul. 1
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IOC against further dilution of stake in ONGC


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