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Thursday, August 18, 2005
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CORPORATE

ANNOUNCEMENTS


L&T, Hong Kong co bag Hyderabad airport orders
MAKING headway in the international airport project, the Hyderabad International Airport Ltd (HIAL) has awarded two major works contracts to Larsen &Toubro and Hong Kong-based China State Construction Engineering (Hong Kong) Ltd (CSCEHK) ... More

ClinInvent to start trials for respiratory drug
IT may take time to convince domestic pharma companies that Contract Research Organisations (CRO) are not commodity suppliers. But ClinInvent Research Pvt Ltd, a CRO with NewYork-based The Chatterjee Group (TCG), is working on it. The ... More

TVS Motor to hand over acquired co to new management
TVS Motor Company's subsidiary, Sundaram Auto Components Ltd, acquired the frames division of Bharat Technologies Auto Components Ltd last year, for a consideration of Rs 33 crore. The company's Chairman and Managing Director, Mr Venu ... More

Rajasthan Spinning to raise $25 m thru debt, equity
RAJASTHAN Spinning & Weaving Mills Ltd (RSWM) on Wednesday announced that it would raise $25 million through a combination of equity and debt. "The Rs 763-crore flagship company of the LNJ Bhilwara Group, today announced the approval by its ... More

GAIL in talks to secure LNG for Dabhol
IN the next couple of months, GAIL (India) Ltd will be in a position to secure enough LNG to restart the Dabhol power project. Talking to the media here on Wednesday, the Chairman and Managing Director, Mr Proshanto Banerjee, said this would ... More

Glenmark launches osteoporosis drug
INDIA has more than 12 million cases of osteporosis and Glenmark Pharmaceuticals Ltd expects to cater to this market with its recently launched medicine, Stronat. The drug, Strontium Ranelate, sold under the brand name Stronat will be marketed ... More

  • Mirza Tanners is now Mirza International

    CORPORATE DISPUTES


    FLAG complains to TRAI about VSNL blocking access
    THE dispute between FLAG Telecom and Videsh Sanchar Nigam Ltd (VSNL) seems to be far from over. FLAG Telecom has written to the Telecom Regulatory Authority of India alleging that VSNL is still delaying carriers in India access to FLAG cable ... More

    MERGERS & ACQUISITIONS


    Single window for M&A
    The Irani Committee's proposals on M&A appear to be realistic, says Mohan R. Lavi More

    IOC awaits Govt nod for IBP merger
    INDIAN Oil Corporation Ltd (IOC), which is in a consolidation mode starting with the merger of its wholly owned subsidiary Indian Oil Blending Ltd (IOBL) with itself, has now moved forward to get the mandatory Government approval for merging IBP ... More

    NEW PROJECTS


    Hyundai to invest $600 m in new plant, product development — Launches premium sedan Sonata `Embera'
    HYUNDAI Motor India is planning to add about 2,000 new employees over the next year as it embarks upon a major expansion plan. The company is planning to spend about $600 million towards setting up a second plant in Tamil Nadu and new product ... More

    Bombay Rayon plans IPO
    BOMBAY Rayon Fashions Ltd is embarking on an expansion plan involving an investment of Rs 161 crore. To part-finance the project, the company proposes to enter the capital market for which it has filed an application with the Security and ... More

    Nicco plans telecom cable unit in Assam
    SUBJECT to approval from authorities working on a Corporate Debt Restructuring (CDR) scheme for the company, Nicco Corporation Ltd proposes to set up a facility in Assam to manufacture electrical and telecom cables with an estimated investment of ... More

    OVERSEAS INVESTMENTS


    GHCL looking to buy home textile cos in US, Europe
    GUJARAT Heavy Chemicals Ltd (GHCL), flagship company of the Dalmia Group, is all set for a series of acquisitions in the US and Europe which would enable it to enter the home textiles export market in a big way. This would cost the company in ... More

    TRADE & LABOUR UNIONS


    Chittivalasa Jute Mills lifts lockout
    EMPLOYEES of the Chittivalasa Jute Mills at Tagarapuvalasa in Visakhapatnam district resumed duty on Wednesday after the management lifted the lock-out, which it had declared on May 5. An amicable settlement to the three-and-a-half-month long ... More

    ALLIANCES & JOINT VENTURES


    ONGC-Mittal combine bids for PetroKazakhstan
    THE state-owned Oil and Natural Gas Corporation Ltd (ONGC) has in partnership with the L.N. Mittal Group (LNM) submitted a bid to acquire the Canada-based PetroKazakhstan Inc. The bid has, however, not been submitted through ONGC Mittal Energy ... More

    Sujana ties up with Bajaj Electricals
    SUJANA Industries Ltd has announced that it has entered into a contract manufacturing agreement with Bajaj Electricals Ltd for supply of ceiling and ventilators fans, which would be sold in the market under various brand names of Bajaj ... More

    BONUS ANNOUNCEMENTS


    DCM Shriram approves stock split, bonus issue
    DCM Shriram Consolidated Ltd on Wednesday approved a bonus issue of one equity share for every one equity share and a stock split of five shares for every one share of Rs 10, subject to shareholders and regulatory approval. The current paid-up ... More

    STANDARDS & BENCHMARKS


    Havell's India gets Dutch certification
    HAVELL'S India, a power distribution equipment manufacturer, announced on Tuesday that it has got the KEMA KEUR quality certification for its miniature circuit breakers. The certification is given by KEMA Quality B.V., based in Arnhem, ... More
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    Top Stories
    L&T, Hong Kong co bag Hyderabad airport orders


    ClinInvent to start trials for respiratory drug

    ONGC-Mittal combine bids for PetroKazakhstan

    Employment Guarantee Bill: Govt agrees to Left demands

    BSNL to go in for additional 6 cr mobile phone lines

    Sony Ericsson mobile can sing and click too

    Private non-life players' market pie up at 35 pc

    Trade, Centre differ on crop output estimates

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Aug. 7-Aug. 13
    ICI mulls buying HLL stake in Quest

    Lupin firms up overseas expansion plans — Signs pact with Kyowa of Japan

    No company shall buy its own shares ...

    Mawana Sugars plans Rs 535-cr capacity expansion

    India Inc high on mergers and acquisitions

    IVRCL to set up desalination plant near Chennai


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