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Saturday, October 21, 2006
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Business Line wishes its readers a
Happy Deepavali

Our office will remain closed today on account of Deepavali and there will be no edition dated 22nd October 2006. The News Updates of Business Line will resume on Monday morning.

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Tatas to buy Corus for $8 b
Largest-ever acquisition by an Indian company; both boards clear deal More

Our focus is strategic fit, not tonnage: Ratan
Having announced the largest international takeover by an Indian company, that too in the steel sector, Mr Ratan Tata could not escape comparison with the global steel tycoon, Mr L.N. Mittal. Mr Mittal had been recently in the limelight for ... More

Tatas offer competitive price for Corus shares
Implies a valuation of $430 per tonne More

CLB to Bajajs: Settle dispute in a month
The Company Law Board has directed the two Bajaj brothers, Rahul and Shishir, to settle their family dispute within a month. The CLB Chairman, Mr S. Balasubramaniam told the two brothers that in order to maintain the family name, they should ... More

34 pc rise in Satyam Q2 net
Declares 50 per cent interim dividend More

Satyam adds 35 clients, hires 4,000 in Q2
In talks for 25 mega deals; outlook to stay positive in near term More

RasGas to supply LNG to Dabhol plant from April
Qatar-based RasGas Company Ltd will supply LNG to the Dabhol power plant of Ratnagiri Gas and Power Private Ltd (RGPPL) from April 2007. RasGas will supply 1.2 million tonnes of gas per annum. Price negotiations for gas supply is currently ... More

Gujarat Ambuja net up 225 pc
Gujarat Ambuja Cements Ltd (GACL) has reported 225 per cent increase in net profit at Rs 244.66 crore (Rs 75.28 crore) for the quarter ending September 30. Net income has gone up 52 per cent from Rs 647.28 crore to Rs 984.14 crore. The ... More

Plan panel pitches for labour reform for organised workers
`Adopt segmented approach to make exports more labour-intensive' More

3i Infotech to buy UK co for Rs 230 cr
Consolidated net up 69 pc More

Aircel to get licences for 7 new circles
Lines up $1 b investments More

Lower food prices keep inflation unchanged
Wholesale Price Index for all commodities at 207.9 points More

Marico up on value buying
The Rs 10-face valued Marico stock vaulted 1.67 per cent to close at Rs 524 on the NSE on Friday, spurred as it was by investors looking at acquiring value. The FMCG outfit, analysts have noted, has seen net sales rise over 30 per cent during ... More

Announcement
As there will be no edition of Business Line on Sunday, October 22, in view of the holiday on Saturday for Deepavali, Investment World section will be included in the Monday, October 23, ... More


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