Financial Daily from THE HINDU group of publications
Thursday, May 05, 2005
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Financial Daily from THE HINDU group of publications Thursday, May 05, 2005 |
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CORPORATE ANNOUNCEMENTS Scorpio launched in Malaysia Mahindra Ltd (M&M) on Wednesday announced the launch of the Scorpio in the Malaysian automobile market. It would be marketed through USF-HICOM (Malaysia) Sdn Bhd, which is a member of DRB-HICOM, a diversified conglomerate and the ... More
Flextronics plans delisting, to buy out shares at Rs 575
ICSA to allot shares, warrants
Reliance Energy allots 97.5 lakh shares to Reliance Power
Hosiery major Rupa sets sights on SAARC nations BUYBACK Glaxo buyback opens on May 9; price not above Rs 800 GLAXO SmithKline has announced its buyback offer at a price not exceeding Rs 800. The offer will add up to an aggregate of Rs 230.65 crore and will represent 25 per cent of the company's paid-up equity capital. The proposed date of opening the ... More COURTS/LEGAL ISSUES HC verdict on land development: SC reserves orders on Mumbai textile mill owners' plea THE Supreme Court on Wednesday reserved orders on a batch of appeals against a Bombay High Court interim order restraining the Brihanmumbai Municipal Corporation (BMC) from granting permission to textile mill owners to develop the land with the ... More
Panel to suggest means to reduce litigation in co affairs MANAGEMENT AIMA convention in Hyderabad HYDERABAD: The All India Management Association (AIMA) is holding its two-day National Management Convention (NMC) on September 23 and 24 at Hyderabad. Announcing this here, the convention Chairman and Chairman of Satyam Computer ... More NEW PROJECTS Italy's Bisazza plans capacity expansion ITALIAN glass mosaic company Bisazza is planning to ramp up capacity of its manufacturing facility in Kadi, near Ahmedabad, to one million square metres from the existing 400,000 square metres, in order to cater to a surge in demand in the ... More
IOC commissions diesel hydro treater at Mathura Refinery OVERSEAS INVESTMENTS More powers likely for IOC, OIL boards AFTER empowering the board of directors of ONGC Videsh Ltd (OVL) for approving overseas projects involving investments up to $70 million or Rs 300 crore, whichever is less, the Government is now considering giving similar powers to the boards of ... More REGULATORY BODIES & RULINGS CLB orders inspection of Kowa Spinning accounts THE Company Law Board (CLB) has directed the Central Government to inspect books of accounts of Kowa Spinning Ltd for the years 1994 to 2000. While ordering an inspection, the Board also directed the Central Government to take further actions, ... More ALLIANCES & JOINT VENTURES Godrej Agrovet ties up with Taiwanese co GODREJ Agrovet Ltd has tied up with Uni-President Enterprises Corporation, a Taiwan-based company, to further strengthen the business of shrimp feed in India. A mutual understanding for this purpose was reached at a meeting between Mr C.K. ... More
XPS to team up with Russian major INTERVIEW 
`Ashok Leyland `de-risked' from key threats'DESPITE turning out very good results, Ashok Leyland's Managing Director, Mr R. Seshasayee, says that 2004-05 was a year he would like to forget. The demand in the market was very good but Ashok Leyland's production was constrained by a two-month ... More SOCIETY & DEVELOPMENT Matrix Labs' gesture to bereaved families AT a time when several companies pay just nominal ex-gratia as per the statutory prescriptions to the bereaved families of their employees, Matrix Laboratories Ltd (MLL) has shown considerable care in supporting the families of eight of its staff ... More VENTURE CAPITAL SIDBI Venture to pick up stake in Hertz India — Hertz charts out Rs 300-cr expansion plan IN a bid to finance its expansion plans, car rentals company Hertz India has made a fresh issue of equity to SIDBI Venture Capital Ltd (SVCL). "SVCL would initially be making an investment of Rs 10 crore and may invest more in the future," Mr ... More PERFORMANCE Eastern Coalfields on recovery path EASTERN Coalfields Ltd (ECL), a sick subsidiary of Coal India Ltd (CIL), is on the path of recovery, thanks to higher sales realisation of its coal. The company, for the year ended March 2005, has reduced its annual loss to around Rs 15 crore ... More PEOPLE Sunil Alagh, C.Y. Pal join UB board UNITED Breweries (UB) Ltd, jointly owned by the UB Group Chairman, Mr Vijay Mallya, and UK brewer Scottish & Newcastle, has recast its board of directors, inducting Mr Sunil Alagh, former top honcho of Britannia Industries, and Mr C.Y. Pal, ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Budget Highlights Budget at a glance Budget Speech Budget documents Railway Budget 2005 - 06 Economic Survey 2004-2005 Pick a Winner Stock Market Contest
Top Stories In Focus Know your health Cash Transaction Tax Fringe Benefit Tax Using forex for infrastructure Soaring sugar prices
In Depth Insurance Corner Simple Economics Tax Talk NRIs & Investment Avenues
Looking back Apr. 24-Apr. 30 Maruti may raise prices in May — Rolls out five millionth car Ministry to relook at BPCL, Kochi Refineries swap ratio |
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