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Sunday, October 09, 2005


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ANNOUNCEMENTS


FDA nod for Ranbaxy drug
NEW DELHI: Ranbanxy Laboratories Ltd has received an approval from the US Food and Drug Administration to manufacture and market glimepiride tablets used for diabetes. The Ranbaxy formulations have the same therapeutic effect as that of ... More

MMTC plans to acquire coal mines abroad
MMTC Ltd, an international trading house owned by the Indian Government, plans to acquire coal mines in Indonesia and Australia and also enter into long-term agreements with suppliers of fertiliser raw materials in South Africa. Speaking at a ... More

CORPORATE GOVERNANCE


33 pc independent directors on co boards — Govt studying Irani panel proposal
The consultation process on the draft Companies Bill would end on Saturday, and the Ministry would then concentrate on giving final touches to the Bill to ensure that it is passed in the forthcoming winter session of Parliament. More

NEW PROJECTS


Mittal Steel signs MoU with Jharkhand for Rs 40,000-cr plant
MINERAL-rich Jharkhand added another feather to its industrial cap with global steel major Mittal Steel Company N.V. signing a Memorandum of Understanding (MoU) with the State Government for setting up a 12-million-tonnes-per-annum (mtpa) steel ... More

Indo-Russian vehicles venture to begin trial production
Although the company would initially assemble vehicles with imported components, subsequently it would source up to 80 per cent of components and spares from local auto ancillary units. More

ONGC plans two coal gasification projects in TN, AP
ONGC is planning commissioning of two pilot coal gasification projects in Tamil Nadu and Andhra Pradesh by the end of the year. Having already entered into an MoU with Neyveli Lignite Corporation (NLC) for setting up underground gasification ... More

IPOS


GIPCL to tap market with equity issue
GUJARAT Industries Power Corporation Ltd (GIPCL) is entering the capital market on October 13 to raise funds to finance its Rs 1,448-crore expansion programme. The company is planning to raise part of the equity amounting to Rs 275 crore ... More

RIGHTS ISSUE


Century Extrusions: Reject
INVESTORS can give this rights offer from Century Extrusions a miss. The offer is to part finance the cost of a rehabilitation scheme approved by the BIFR in 2003. The fragmented nature of the industry, the stiff competition from peers and ... More
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Top Stories
Bharat Diamond Bourse to be operational by June


Kraft paper price hike hits packaging industry

European Central Bank likely to raise interest rate by 25 basis points

World Gold Council bullish on festival sales

33 pc independent directors on co boards — Govt studying Irani panel proposal

Forex reserves up $42 m

`TDSAT must consider alternative methods of dispute resolution'

In Focus

Indian Aviation: Sky is the limit
Stock splits
India Inc's bonus bonanza
Dabhol power regenerated
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Oct. 2-Oct. 8
BSNL sends disconnection notice to Tata Tele — SC hearing today on appeal against tribunal order on ADC

`Exit from Michelin joint venture not a setback for Apollo Tyres'

Manpower India, ABC Consultants set up joint venture

Ranbaxy sees big scope in anti-retrovirals

ONGC extends loan to OAO Rosneft for Sakhalin-1 project

GM opts out of bidding for Daewoo

HC restrains DDA from physical possession of Escorts Heart


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