The Hindu Business Line : Friday, October 27, 2006

ANNOUNCEMENTS
Flextronics renamed Aricent
Telecom software maker Flextronics Software Systems Ltd has been renamed Aricent following the acquisition of 85 per cent of the business by Kohlberg Kravis Roberts & Co (KKR) and Sequoia Capital. Flextronics still has 15 per cent stake in the .. More

DIVIDEND ANNOUNCEMENT
Natco net profit grows 17 pc in Q2
Natco Pharma Ltd (NPL) has reported a growth of 24 per cent in turnover and 17 per cent in net profit during the second quarter of the current fiscal ended September 2006. The NPL board, which met here on Thursday to take on record unaudited ... More

OUTSOURCING
UB Group keen on sourcing Scotch
The UB Group has said that it is more interested in sourcing Scotch whisky than in acquiring the brands. "We are clearly looking at business 5-10 years from now," the UB Group's President and Chief Financial Officer, Mr Ravi Nedungadi, told ... More

MERGERS & ACQUISITIONS
LifeKen acquires Pill & Powder
An expenditure of Rs 40 crore has been earmarked for its 2006-07 expansion by 140 stores. First such deal in pharma retail sector More

NEW PROJECTS
Taj Hotels Resorts opens luxury wilderness lodge
On the border of Bandhavgarh National Park More

OVERSEAS INVESTMENTS
Suprajit Engg plans facility in China
To partner with Chinese co Jian Yin More

ALLIANCES & JOINT VENTURES
IIFC, IL&FS sign pact
The newly incorporated India Infrastructure Finance Company of India Ltd (IIFC) today entered into an agreement with Infrastructure Leasing & Financial Services Ltd (IL&FS) to appraise and mobilise resources for infrastructur More

DIVERSIFICATION
GMR Ind prepares for Rs 1,000-cr expansion
May consider FCCB issue for funding More

OUTLOOK
Alstom bullish on India
The global power generation and rail infrastructure company, Alstom, is optimistic about the potential of the Indian market. The President, Alstom Power, Mr Philippe Joubert, told newspersons that the company has identified India as one of the ... More