The Hindu Business Line : Sunday, March 05, 2006

Dubai's Emaar to enter healthcare
The Dubai-based Emaar Properties on Saturday announced its plans to enter the healthcare sector in India, where it plans to invest a sizeable amount for construction of hospitals, clinics and medical centres for providing world-class medical ... More

CORPORATE DISPUTES

Birla Group terms Tatas' notice as `malafide'
DoT seeks clarity on shareholding More

Birla will case: HC directive on gold coins
Mr Justice Kalyan Jyoti Sengupta of the Calcutta High Court on Friday directed Ms Manorama Devi, wife of Mr K.K. Birla, to hand over five gold coins and two idols to the court-appointed Special Officer, who shall keep the materials in a separate ... More

TAXATION

`Unwarranted' tax to be returned
The Government is finalising a proposal to return within 15 days excise duty and service tax to those who should not have paid, said the Central Board of Excise and Customs Chairman, Mr M. Jayaraman on ... More

CORPORATE BONDS

Pennar board clears debenture issue
The board of directors of Pennar Industries Ltd has approved the issue of convertible debentures and to convene an extraordinary general meeting on March 27 seeking approval of shareholders. It also ... More

NEW PROJECTS

ONGC clears MRPL upgradation project
Aim is to enhance refinery capacity to 15 mt More

ALLIANCES & JOINT VENTURES

Cabinet clears SCI's jt venture investment proposal
The Union Cabinet on Saturday approved Shipping Corporation of India's plan to invest $20.88 million (Rs 92.1 crore) for 33.77 per cent stake in a joint venture company in Panama. Other partners in the venture are Mitsui OSK Lines of Japan with ... More

SAAG-RR Infra to form SPV to buy workover rigs
SAAG-RR Infra Ltd intends to form a joint venture special purpose vehicle for purchasing two workover rigs, the company's Managing Director, Mr R. Sriram, told Business Line on Saturday. The Chennai-based company's Malaysian parent, SAAG ... More

INTERVIEW

India to emerge a big player in carbon credits market
EcoSecurities estimates domestic market at $40-50 m annually; setting up office here More

TRENDS

Cos raise $3.5b in 2 months — Placement of shares/bonds overseas
Alarmed over the growing number of GDRs/ FCCBs, SEBI on January 18 came out with a proposal to create an `alternative regulated placement' of shares and bonds in India. More

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