The Hindu Business Line : Sunday, May 08, 2005

Hotel Leelaventure may acquire property in South
HOTEL Leelaventure Ltd, which has recently announced plans for the development of hotels in Chennai, Hyderabad and Udaipur, is likely to acquire a five-star deluxe property in the South shortly. According to an official source, the deal is ... More

HMT deal with ONGC, MRPL
BANGALORE: HMT has struck a deal with MRPL and ONGC, to earn revenue out of its vast surplus land across the country. Under a memorandum of understanding (MoU) signed by HMT with ONGC, the oil and gas companies would utilise the land ... More

ACCOUNTING STANDARDS

Sarbanes-Oxley legislation: US panel looking at easing cost of compliance
COMPLIANCE to the US Sarbanes-Oxley legislation may turn out to be "less onerous" in the coming days for small businesses that have or plan to raise capital from the US. "The Small Business Advisory Committee of the US Securities and Exchange ... More

CORPORATE DISPUTES

SEBI looking into letters sent by Anil Ambani
THE Securities and Exchange Board of India (SEBI) on Saturday said it had received several letters from Reliance Industries' Vice-Chairman and Managing Director, Mr Anil Ambani, and would look into all the issues in the "broader interest of ... More

AWARDS & HONOURS

Infosys, Wipro among top 5 most valuable outsourcing cos
INFOSYS Technologies and Wipro have ranked fourth and fifth in a report on `The most valuable outsourcing companies' compiled by Global Outsourcing publication. "The ranking of 12 most valuable companies published in April 2005 issue of ... More

CORPORATE BONDS

Ford India, GMAC on Crisil rating watch
CRISIL on Saturday placed its outstanding ratings on the debt programmes of Ford India Ltd and GMAC Financial Services India Ltd on a rating watch with developing implications. The decision follows the revision of ratings of their parent ... More

FIXED DEPOSITS

FD options
KCP Sugar and Industries: Investors willing to assume a degree of risk can consider subscribing to the two-year fixed deposit programme from KCP Sugar and Industries Corporation. Longer tenures can be avoided in the light of the fluid ... More

MERGERS & ACQUISITIONS

Basell Polyolefins acquisition by TCG
Window of opportunity for Haldia Petrochem
AMERICA'S Iran policy may be a stumbling block to progress of the Iran-India gas pipeline project but it has proved to be a catalyst for the largest corporate acquisition ever by an entity with an Indian connection. ... More

NEW PROJECTS

Volkswagen decides on Vizag: AP Minister
The company would send a team to Andhra Pradesh in the next few weeks to study and put forth a proposal before the board for its approval More

DIVERSIFICATION

Vishal Exports to invest Rs 450 cr in wind farm project in S. India
VISHAL Exports Overseas Ltd, an Ahmedabad-based trading firm, plans to invest Rs 450 crore in setting up an 82.5-MW wind farm project in South India. The company operates 19 wind turbines in Tamil Nadu and 10 in Rajasthan. Vishal Exports, ... More

OUTLOOK

Tata Motors serves an Ace in 3-wheeler space
Tata officials believe that 3-wheelers might remain attractive for their manoeuvrability, but the company's entry with a 4-wheeler should expand the segment and convert some 3-wheeler buyers to owning the Ace. More

ONGC urges for subsidy fund to reduce burden
OIL and Natural Gas Corporation Ltd has pressed upon the Government that the subsidy burden on the state-owned company should not be based on its profit. Instead, it has suggested that a different mechanism could be worked out for sharing the ... More

Scoreboard
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Infosys, Wipro among top 5 most valuable outsourcing cos

Forex reserves fall $648 m on euro revaluation

In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated

Tracking the rains

Sethusamudram Canal Project

India Inc's overseas acquisition