Business Daily from THE HINDU group of publications
Wednesday, December 13, 2006
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CORPORATE

DIVIDEND ANNOUNCEMENT
NCL Ind to pay 5 pc final dividend
NCL Industries Ltd has announced the final dividend of 5 per cent on equity shares, while confirming the interim dividend of 10 per cent already paid for the financial year 2005-06. The company has informed the BSE that the members at the 25th ... More

ESOPS
Granules allots equity to staff
Granules India Ltd (GIL) has informed BSE that the committee of the board of directors of the company at its meeting held on Monday allotted 19,620 fully paid-up equity shares of the company of the face value of Rs 10 each to the ... More

OUTSOURCING
DaimlerChrysler to increase component sourcing from India
Automaker DaimlerChrysler today said it would source more components from India for its operations in other countries such as Japan, Germany and the US. "Our sourcing from India has witnessed a compound annual growth rate of 20 per cent over ... More

MERGERS & ACQUISITIONS
TravelPort buys Sri Balaji Tours
TravelPort India, has acquired 100 per cent stake in Sri Balaji Tours and Travels, the company announced in a press release on Tuesday. The value of the deal was not disclosed. The acquisition is part of TravelPort's strategy ... More

NEW PROJECTS
No plan now to shift project from Singur: Tatas
There are proposals from other States, says Ravi Kant More

SPML to invest Rs 750 cr in renewable energy
SPML Group has announced it would invest Rs 750 crore in renewable energy projects over five years as part of its growth strategy. It also plans to increase its headcount from 1,000 to 2,000 in the next 18 months and diversify into other ... More

INTERVIEW
After one more round in the Corus `takeover open'
The race for the Corus trophy is still on, after the contenders Tata and CSN played out what seems to be just one more round in the takeover open. "It's been an exciting weekend for the Corus Board and Corus shareholders with not one but two ... More

OUTLOOK
Honda to hike scooters output by 20 pc
To introduce new variants to boost sales More

Stanley Works soon to supply consumer tools in India
To set up 40,000-sq. ft warehouse near Delhi More

ONGC may shell out Rs 100 cr for unfinished work
Decides to relinquish five deepwater blocks More

Dr Lal PathLabs plans pan-India presence
Dr Lal PathLabs Pvt Ltd will be doubling its infrastructure and hopes to have 50 pathology laboratories across the country by March 2009. "Dr Lal PathLabs has set for itself the goal of leading the process of consolidation and garner a market ... More

IndianOil drops plan to tap bond market
IndianOil has dropped the plan to tap the bond market to raise finances, with improvement in liquidity owing to fall in crude oil prices from the previous peak. The company was earlier actively considering issuing bonds as an alternative to ... More






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Top Stories
Honda to hike scooters output by 20 pc

Corporate bonds: Deals over Rs 1 lakh must be reported

US food processors eye Indian retail market

CRR: Active times ahead?

Bears run over stocks on slower industrial growth

IT sector not exempted from Dec 14 strike: CITU

ONGC may shell out Rs 100 cr for unfinished work

After one more round in the Corus `takeover open'

Refining sector emerges as top merchandise exporter

International accreditation for Amul's plants

Looking back
Dec. 3-Dec. 9
Centre to come out with accounting standards for cos

Toyota Kirloskar to revise wages every year

Philips plans to make medical equipment in India

Most cos ill-equipped to handle fraud: KPMG Forensic

Pantaloon to spin off private labels into standalone stores

IFC may invest Rs 100 cr in Moser Baer project

How an oil company milked super-profits

UTV in Rs 128-cr deal to buy 2 gaming cos

Honeywell mulls shifting one production line to HAL



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