Business Daily from THE HINDU group of publications
Thursday, November 23, 2006
Markets (Nov 22)
BSE Sensex13706.53(+89.76)
S&P CNX Nifty3954.75 (+36.50)
US Dollar (Buy/Sell)44.83 (-0.18)

Cross Currency


Group Sites


Geojit EGM okays equity issue to BNP Paribas
The extra ordinary general body meeting of Geojit Financial Services Ltd held at Kochi on Wednesday approved issue of equity shares to BNP Paribas subject to regulatory approvals. The company will issue 7.96 crore equity shares with a face ... More

Arbitration can be better value for money
Flexibility of procedure, enforceability of awards, privacy and neutrality are some of the reasons why organisations are choosing international arbitration over litigation. More

Granules India plans to raise authorised capital
The city-based pharma company Granules India Ltd (GIL) plans to increase its authorised capital from Rs 200 crore to Rs 300 crore with a corresponding increase in equity shares of Rs 10 each from 20 crore to 30 crore. The company, which has ... More

Manganese Ore pays Rs 16 cr dividend
Manganese Ore India Ltd (MOIL), a public sector unit of the Steel Ministry, has paid Rs 16.25 crore dividend to the Centre for the year 2005-06. The Nagpur-based company has made a profit of Rs 114.52 crore after tax during the ... More

`Not submitting details under EPF Act is not non-application of mind'
An employer could not refuse to comply with statutory mandate to pay contribution by employees as also their share. More

ONGC invites former employees to rejoin
Looking at inducting more employees in geosciences More

VSNL to trim subsidiaries
Videsh Sanchar Nigam Ltd plans to prune the number of its subsidiaries by almost half. The company intends to bring down the number from 50 to less than 30, in a major restructuring exercise, said a spokesperson for the company. ... More

Ten in Zee net
A ball-by-ball analysis of Zee Television's acquisition of Ten Sports and what it means to cricket telecast in the country. More

Listed cos takeover: SEBI concern over FDI thru automatic route
Such takeovers can also lead to asset stripping of cash rich Indian companies: SEBI More

Tata Projects in talks with Artson Engg for takeover
Tata Project Ltd is in talks with Artson Engineering, an engineering, procurement and construction (EPC) firm specialising in piping and large diameter tankages, for a takeover. According to banking sources, immediately after clearance of ... More

`Corus shareholders can sit back and wait to see what happens'
Even as moves and countermoves keep CSN (Cia Siderurgica Nacional) and Tata busy, the battle for Corus continues to be the hot issue in the corporate world. For a view from the UK, Business Line contacted Mr Roy Montague-Jones of Richards ... More

ICI India to sell entire stake in Quest
Paints and chemicals firm ICI India Ltd, a subsidiary of UK's ICI Plc, has announced its plans to sell its entire stake in its wholly owned subsidiary Quest International India Ltd (Quest India) for not less than Rs 390 crore to Switzerland's ... More

Gateway Distriparks acquires 50.1 pc stake in Snowman
Forays into cold chain logistics segment More

7 principles of highly ethical corporates
A recent press release on the Institute of Chartered Accountants of India ( site was about something important: Guidance from the International Federation of Accountants (IFAC) for companies developing codes of conduct. ... More

Engineers India appointed HPCL project consultant
For Bhatinda refinery project More

Coromandel Fert to begin production in Jammu soon
Coromandel Fertilisers Ltd will start production of pesticide formulations at Jammu in a month's time, according to company officials. The unit, which will manufacture insecticides in liquid and powder forms, will have a capacity of 30-40 ... More

EIL, Punj Lloyd bid for Libya refinery revamp

Great Eastern Energy, Indian Oil in pact
Great Eastern Energy Corporation Ltd (GEECL) plans to form joint venture with IOC for marketing and distribution of city gas and compressed natural gas (CNG) in the Durgapur-Asansol industrial belt in West Bengal, according to a GEECL release. ... More

Tata Power signs pact with Tata Steel for captive plants
The Tata Power Company Ltd on Wednesday signed a joint venture agreement with Tata Steel to set up captive power plants in Chattisgarh, Orissa and Jharkhand. Tata Power will hold 74 per cent equity and Tata Steel 26 per cent in the joint ... More

Parveen Travels plans 3-star hotel
Parveen Travels, a Chennai-based company that operates buses for packaged tours and daily trips besides offering cargo and courier services, proposes to set up a three-star hotel with boarding and lodging facility on the Old ... More

L&T to set up Rs 2,000-cr shipyard
Shortlists AP, TN, Gujarat; location to be finalised by Jan More

Honda Siel to roll out new model next week
Consumers looking for a new set of hot wheels can look forward to fresh action in the premium segment, with Honda Siel Cars India now all set to roll in the all-new, third-generation Honda CR-V on November 28. Top sources told Business ... More

Coromandel Fert looks at value-added products
Coromandel Fertilisers is exploring options to make value-added products using gypsum generated as waste at its fertiliser unit in Visakhapatnam, according to company officials. The Murugappa Group company is in talks with an overseas ... More

Manganese Ore pays Rs 16 cr dividend
Manganese Ore India Ltd (MOIL), a public sector unit of the Steel Ministry, has paid Rs 16.25 crore dividend to the Centre for the year 2005-06. The Nagpur-based company has made a profit of Rs 114.52 crore after tax during the ... More

Comments & Letters to the Editor to:
Subscribe to: Business Line

Nifty Companies News
SE Diary
Pick a Winner Stock Market Contest

Related Topics
Alliances & Joint Ventures
Awards & Honours
Bonus Announcements
Company Law
Corporate Bonds
Corporate Disputes
Corporate Governance
Courts/Legal Issues
Human Resources
Mergers & Acquisitions
New Projects
Open Offers
Overseas Borrowings
Overseas Investments
Preferential Allotments
Private Placement
Regulatory Bodies & Rulings
Research & Development
Rights Issue
Sick Units
Society & Development
Standards & Benchmarks
Trade & Labour Unions

Top Stories
`Global investors continue to remain bullish on India'

IMF's study on India — Is the `economic renaissance' sustainable?

Gem, jewellery exports down 9.52 pc in Oct

E-payments on the rise

`China's growth story may stay intact'

Dabur to `Dare' all in retail space

`Corus shareholders can sit back and wait to see what happens'

6 States account for 50 pc of remittances

Sales of organic foods to top $40 b by year-end

Looking back
Nov. 12-Nov. 18
ONGC awaits consultants report for Kakinada project

Corus gives early conversion option to Dutch bondholders

Dr Reddy's files prospectus for issue of ADS

OVL-led consortium strikes oil in Iran

Download music from anywhere to your mobile

Dr Reddy's fixes ADS price at $16

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line