Business Daily from THE HINDU group of publications
Thursday, September 07, 2006
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BSE Sensex11933.21(+28.61)
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CORPORATE

BUYBACK
Natco Pharma fixes Rs 150 ceiling for buyback
Aim is to maximise returns to investors More

AWARDS & HONOURS
ELCINA award for Videocon chief
ELCINA Electronic Industry Association of India announced Mr V.N. Dhoot, Chairman, Videocon Industries Ltd, as the "Electronics Man of the Year" for his contribution to the globalisation of the electronics industry. This was ... More

COURTS/LEGAL ISSUES
HC directs Ministry to decide on Madras Fert chief
Plea to remove Sukumar Oomen from CMD post More

MANAGEMENT
Meet on boardroom processes
The Institute of Public Enterprise (IPE) and the Department of Public Enterprises, Government of India, would jointly hold a two-day programme on `Preparing Boards for the 21st Century' during September 28-29 in Hyderabad. The ... More

MERGERS & ACQUISITIONS
ICI Paints to spend Rs 1,500 cr on buys
Keen on organic and inorganic growth More

NEW PROJECTS
Bengal Govt okays Hind Motors' Uttarpara plant revival plan
Hindustan Motors Ltd has announced that it has received "formal intimation" from the West Bengal Government to expand and diversify its Uttarpara plant. The company's "Revival & Renewal" proposal "that would bring its automotive industrial ... More

VSP starts expansion work
The expansion project of the Visakhapatnam Steel Plant began here on Wednesday with Mr Y. Sivasagara Rao, Chairman and Managing Director of the plant, inaugurating the site levelling work for the rolling mill. The capacity of the plant, ... More

Bengal to invite IOC as anchor investor
For the proposed 10,000 acre Haldia chemical hub More

OVERSEAS INVESTMENTS
AP firms set up offices in UK
UK seen as finance, consulting and outsourcing hub More

INTERVIEW
`There's a premium that foreign companies need to pay for their India footprint'
"More than half the deals consummated globally do not create shareholder value, although this trend is improving." MR ROHIT KAPUR, EXECUTIVE DIRECTOR, KPMG INDIA PRIVATE LTD More

VENTURE CAPITAL
Actis to invest $42 m in Paras Pharma
Private equity investor Actis is to invest $42 million in the Gujarat-based over-the-counter healthcare and personal care company, Paras Pharmaceuticals Ltd, an Actis release said. According to industry sources, Actis has picked up around 25 ... More

RIGHTS ISSUE
Tata Coffee rights: Tata Tea firm on commitments
To put in minimum Rs 125 cr; may need to buy unsubscribed portions More

OUTLOOK
Suzuki may use Rlys freight services for car exports
Company expanding Gurgaon plant capacity More

Medopharm launches new antibiotic
Medopharm Pvt Ltd has launched an antibiotic, Cledomox, from its new facility near Chennai built exclusively for beta-lactam products. At a press conference to announce the commercial launch, Mr Gambhir Chordia, Director - Marketing, ... More






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