Financial Daily from THE HINDU group of publications
Saturday, March 18, 2006
Markets (March 17)
BSE Sensex10860.04(-18.70)
S&P CNX Nifty3234.05 (+7.45)
US Dollar (Buy/Sell)44.47 (+0.04)


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RESEARCH & DEVELOPMENT


Ind-Swift Labs sets up R&D centre in Mohali
To focus on the development of NCEs, contract research More

TAXATION


Ministry to broadbase large taxpayer unit norm
Service-based organisations can now opt for the scheme More

MERGERS & ACQUISITIONS


Suzlon to buy Belgian co Hansen for Rs 2,511 cr
Share purchase agreement signed with Eve Holding in all-cash deal More

Precot Mills-Meridian Ind share swap ratio fixed at 1:2
Spindle capacity to go up by 25 per cent More

Exim Bank to lend $5 m to Ucal Fuel arm
Exim Bank of India has agreed to lend $5 million to Amtec Precision Products of USA, which is now a wholly owned subsidiary of Ucal Fuel Systems Ltd. The bank has been an active participant right through the takeover of Amtec by Ucal. It lent ... More

NEW PROJECTS


Aditya Birla group goes to Laos, to set up wood pulp plant
To invest $350 million in plantation, pulp project More

Centaur setting up unit at Pune biotech park
Signs pact with German co for out-of-patent products More

Lucas-TVS plans multi-location expansion
Himachal Pradesh, Uttaranchal under consideration for new unit More

Haworth Inc inaugurates facility in Pune
Haworth Inc, designer and manufacturer of office furniture and workspace station today inaugurated its manufacturing facility in Hinjewadi in Pune. Assembling unit Talking to presspersons, Mr Richard G. Haworth, ... More

REGULATORY BODIES & RULINGS


Aurobindo gets Bristol-Myers nod for 2 ARVs
Aurobindo Pharma Ltd (APL) announced that Bristol-Myers Squibb Company (BMS) has given licence to market two important anti-retrovirals (ARVs) - Stavudine and Didanosine - in 49 countries, including South Africa. In a press release here ... More

ALLIANCES & JOINT VENTURES


BPCL, Kochi Refineries plan joint venture
For distribution of gas in Bangalore More

DIVERSIFICATION


NTPC plans to bid for gas blocks under NELP-VI
To foray into various elements of LNG value chain More

OUTLOOK


Asia to become largest revenue earner for ICI's paint biz
Going by the significant growths registered in four Asian countries, British major ICI Plc feel that the US would lose its number one position in its global paints business. Currently, the US contributes approximately 40 per cent of ICI Plc's ... More

PEOPLE


Hotel Leela director steps down
Mr Luis Miranda, President and CEO of IDFC Private Equity, has stepped down from the board of directors of Hotel Leelaventure Ltd hotel in view of the sale of the shares held by IDF in it (the hotel company). An announcement ... More
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Top Stories
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RPG retail arm may tap capital market next year

Australian wheat to arrive in April first week

Industrial production index up 0.8% in Jan

Indo-Asean FTA to go live from Jan 2007

Bird flu under control, says Sharad Pawar

Pull of sunrise industries keeps senior management on the move

Where BPL is a proud label

CCS refers Hutchison Port issue to Security Advisor

In Focus

Infrastructure woes stare IT sector
IPO Scams
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Dynamic Tirupur
Surging Sensex
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In Depth

Gender Justice
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Looking back
Mar. 5-Mar. 11
Cabinet clears SCI's jt venture investment proposal

Indian businesses on a high, Down Under

Tata Motors, Fiat India to share dealer network

Reliance Petro ties up with Australian co for oil exploration

IOC expects to maintain net at last year's level

ONGC Nigerian plan hits snag

MICO to invest Rs 800 cr in 2 yrs; Bosch Rs 500 cr

Oil India, IOC to buy 90 pc stake in African block



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