The Hindu Business Line : Wednesday, March 15, 2006

TVS to export Apache soon
TVS Motor Co will start exporting Apache, its 150-cc bike in another three months. "We have already got enquiries from all over the world and should start exporting the bike in another three-four months," Mr Prasad Narasimhan, Vice-President, ... More

Viceroy Hotels plans Rs 125-cr issue
The board of directors of Viceroy Hotels Ltd will meet on March 15 to consider and approve the proposal to issue shares and /or warrants of an amount not exceeding Rs 125 crore to promoters /persons acting in concert and certain ... More

ONGC's drilling in Bengal Offshore to be delayed
Geographical conditions posing unforeseen challenge More

AWARDS & HONOURS

CRI Pumps bags export award
CRI Pumps (Pvt) Ltd, a Coimbatore-based pump manufacturer, has been awarded the `Regional Trophy for Highest Export in the Group 2003-2004' by the Engineering Export Promotion Council, Southern Region. The award was given for ... More

NEW PROJECTS

TCI plans Rs 300 cr for expansion
Transport Corporation India (TCI), a Gurgaon-based transport company, plans to double its group turnover to Rs 2,000 crore and achieve 20 per cent profitability by 2009. It will invest Rs 250-300 crore in expansion over the next 2-3 years, ... More

SPS Steel allotted coal block in Orissa
To meet 70 pc of captive requirement of Jharsuguda plant More

SPEL plans $250-m expansion
To raise $30 million from abroad next year More

Emami Paper Mills set to complete expansion by March `07
`Future domestic newsprint market to remain buoyant' More

INTERVIEW

Areva T&D to merge 3 group cos
`SEBs can make money by cutting distribution losses' More

`A natural progression to feed the energy hungry in India'
Cairn Energy has announced plans for a partial IPO of its Indian business. In this interview, sourced from Cairn's Web site, Sir Bill Gammell, Chief Executive, dwells on the potential of the company's reserves in Rajasthan and explains the logic ... More

SOCIETY & DEVELOPMENT

Rs 20-lakh aid from GAIL
GAIL (India) has extended Rs 20-lakh assistance to set up an Air Pollution Related Diseases Diagnostic Centre (APRDDC) at the Rajiv Gandhi Institute of Chest Diseases Hospital. The centre would be an R&D outfit aimed at ... More

RIGHTS ISSUE

Tata Coffee rights issue
Tata Coffee Ltd has decided to make a rights issue of equity shares in the ratio of 2:5 (i.e. 2 new equity shares of face value of Rs 10 each for every five existing shares held). The rights issue would be within a price band of ... More

OUTLOOK

Cairn to go in for IPO
It may be 25-80 per cent of Indian arm's equity More

For South Africa
READYING FOR EXPORTS: A pick-up version of the Scorpio being assembled at Mahindra & Mahindra's Nashik plant. The yet-to-be-launched model was said to be headed for the South African market. ... More

Voltas to exit fridges, focus on AC market
Refrigerator growth slow; mulls entering new categories More

TRENDS

India second in league of `super growth' companies
India and Hong Kong have jointly been ranked second in the Grant Thornton International Super Growth Index for the country with the highest proportion of "super growth" companies. The US has topped the Index for the second consecutive year but ... More

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