CORPORATE
BUYBACK
Natco Pharma plans buyback
According to sources, the company currently has a paid-up equity of Rs 27.17 crore. Following the conversion of the pending foreign currency convertible bonds (FCCBs), its equity would go up to Rs 27.9 crore. Though the company is yet to ...
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CORPORATE DISPUTES
`Salaried partners can audit, sign annual accounts of cos'
CA firms are based on the Indian Partnership Act, which allows salaried partners, who may not hold equity in the company.
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NEW BUSINESS
Nagarjuna Const bags Rs 720-cr order
Nagarjuna Construction Company Ltd has announced that it has secured an international order of Rs 720 crore from Sultanate of Oman for construction of road project at Muscat. In a press release here on Monday, the company Managing Director, Mr ...
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PSL wins Rs 488-cr worth contracts
PSL has bagged the `Dabhol-Panvel pipeline' project from GAIL worth Rs 218 crore. In addition, it has received an order for the `Bisalpur-Jaipur Water Pipeline Project' from L&T/ECC, Chennai, for supply of coated pipes worth Rs
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AWARDS & HONOURS
Questa Soft wins Tata Crucible '06
Questa Software, Mumbai, won the National Finals of `TATA Crucible - The Business Quiz 2006' organised by the TATA Group on Sunday. Mr Manish Tandon and Mr Amit Panclega walked away with a cash prize of Rs 2 lakh after witnessing some serious ...
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MERGERS & ACQUISITIONS
Spentex buys Uzbek spinning firm for $81 m
Uzbek Govt offers tax concessions, discount on raw cotton
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NCL Ind may merge NCL Energy
The board of directors of NCL Industries Ltd at its meeting held on July 21 has in principle considered the proposal of merger of NCL Energy Ltd with itself. The company has informed the stock exchanges that the proposal was subject to the ...
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Hindujas buy out Iveco's indirect stake in Ashok Leyland
`Open to global alliances, partnerships'
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NEW PROJECTS
TVS Motor plans Rs 200-cr capex spend
Q1 net profit dips 14 pc on higher raw material cost
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Minda plans battery plant in Uttaranchal
Minda Industries Ltd, the flagship company of the Rs 545-crore NK Minda Group, today announced its plans to set up a new plant in Uttaranchal to manufacture automotive batteries. The project, which is targeted at the two-, three- and ...
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WORK LIFE
Employee burnout
One of the problems facing organisations, big and small, is that of `employee burnout'. Working on 12-hour shifts with nary a break, in often inhospitable conditions with almost impossible-to-attain targets and ...
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PERFORMANCE
India Infoline plans to unveil stock trading on cell phones
India Infoline Ltd, a retail financial services outfit, on Monday announced plans to launch securities trading on the mobile phone platform. The company will also venture into the insurance broking business after receiving the approval from the ...
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PEOPLE
New ACMA vice-president
Mr Raghu Mody, Chairman, Hindustan Composites Ltd, has been elected as the Vice-President of the Automotive Component Manufacturers Association of India (ACMA) for the year 2005-2006. ...
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