Business Daily from THE HINDU group of publications
Wednesday, November 15, 2006
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BSE Sensex13425.50(+26.50)
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Piaggio set to roll out LCV in January
Dispatched to select dealers to test run before launch More

Zydus files application for obesity drug
The Ahmedabad-based pharma major Cadila Healthcare Ltd (Zydus Cadila) has filed another IND (Investigational New Drug) application for the New Molecular Entity - ZYO1, a drug candidate for treating obesity and related disorders with the Drug ... More

HiMedia to distribute VWR products
HiMedia Laboratories has entered into a joint distribution agreement with US-based VWR International Inc to exclusively distribute VWR's BDH line of chemicals in India. "VWR has a long-standing history of being a global leader in the ... More

Carrier India hikes AC prices
Carrier India, a subsidiary of Carrier Corporation, provider of air conditioning, heating and refrigerating solutions, has announced a 4-5 per cent price increase across its residential and light commercial air conditioning products, with effect ... More

Dr Reddy's files prospectus for issue of ADS
Offers 13.5 m shares; may fetch $235 m More

`Offshore financing growing 51 pc'
Prospect looks good for more funds coming in More

Award for Ion Exchange
The water industry gave out its first Water Digest Awards 2006-07, on Monday. The Best Water Company of the Year Award went to Ion Exchange India Pvt Ltd. ... More

Tata's learning experience with acquisition
Going beyond the obvious equation

The connection between the domestic core business and the overseas expansion should be clear; the post-merger integration must be consistent with the strategic intent of the acquisition; the core values of the acquiring company should be made explici t to the acquired company; the positioning of the business of the host country should be harmonious with the actual action on the ground; and, it is important to engage with the society in which the business is located. More

ICWAI objects to draft guidelines proposals
Cost accounting record rules More

Tata Sons sells 0.86% in TCS
Raises Rs 900 cr to fund buys More

United Phosphorus buys French co
United Phosphorus Ltd (UPL) announced on Tuesday that it has acquired French crop protection company, Cerexagri for euro111 million (Rs 643 crore). The acquired company manufactures and markets crop protection, and post-harvest agricultural ... More

Bidding discipline in cricket rights
Zee Telefilms' acquisition of a 50 per cent stake in Ten Sports is expected to usher in consolidation and bidding discipline in the sports telecast space. With fewer players competing in this lucrative arena, there is likely to be greater ... More

TV 18 acquires Crisil MarketWire
Media company Television Eighteen India Ltd has announced the acquisition of all assets and staff of financial news agency Crisil MarketWire (CMW) from Crisil Ltd with effect from January 1, 2007. CMW will now be known as NewsWire18 Pvt and from ... More

Coal liquefaction: Oil India plans second pilot project
Oil India Ltd is planning to launch a second pilot project for coal liquefaction, which is a process that converts coal into petrol, diesel and other liquid fuels. Many countries are working on coal liquefaction projects as an alternative fuel ... More

A tale of 2 projects off Kakinada coast
Fate of refinery hangs in balance More

Eco concerns over Jindal project
The Visakhapatnam district unit of the CPI(M) is planning to raise several "crucial" questions over pollution control measures at the public hearing to be held here on November 28 over the proposed alumina smelter by the Jindal group at ... More

Sandvik Asia new facility in Hyderabad
Earmarks Rs 250m for expansion, upgradation of unit More

OVL-led consortium strikes oil in Iran
Testing on to determine extent of recoverable oil More

HDFC opens London office
Housing Development Finance Corporation Ltd (HDFC) has announced the launch of its operations in London. The London office will provide advisory services on housing finance and property acquisition in India. "The buoyancy in ... More

Aurobindo to divest Chinese arm holding
The board of directors of Aurobindo Pharma Ltd has decided to divest its entire shareholding in the China-based wholly owned subsidiary - Aurobindo Tongling (Datong) Pharmaceutical Company Ltd. The board, at its meeting on ... More

5.8 m hits a day at Ministry of Company Affairs portal

Tata Ind in informal talks with RBI
The group looking at banking infrastructure More

Xenitis Group motorbikes in Jan
The much awaited two-wheeler launch of the Xenitis Group will hit the Indian roads in January 2007. Earlier, in November 2005, the Group floated a separate company, Global Motors, a joint venture with Guangzhou Motors Company, ... More

Rashtriya Ispat chalks out plan to source iron ore
`Might have to consider setting up units in some States' More

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Top Stories
IPTV to breathe new life into sports

`Revenue effect of FDI must be assessed'

Soros to visit India next month

Retail loans surpass overall credit growth

India may soon turn No. 1 organic cotton producer

Dr Reddy's files prospectus for issue of ADS

OVL-led consortium strikes oil in Iran

India ranks 24 in world's top shopping streets

`Ore exporters must enter into long-term pacts with China'

Looking back
Nov. 5-Nov. 11
Hyundai expansion plans to fetch $1.4 b FDI

ONGC, Hinduja may sign pact

Tata Steel will continue to look for acquisitions

Mahindra plans to launch Scorpio range in US

ONGC, Hinduja ink MoU for E&P business

`Rajasthan oil fields have immense potential'

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