The Hindu Business Line : Saturday, April 08, 2006

PSL bags Rs 85-cr Oman order
PSL Ltd, manufacturer of pipes and pipe coating, announced that it has bagged an order worth $18.898 million (Rs 85 crore) for supply of API quality steel pipes to the Sultanate of Oman. Supply against the order is expected to be completed ... More

Nicholas Piramal tightens grip to check Phensedyl abuse
Complaints of people `getting high' on consuming the syrup More

L&T gets Chinese co order
Larsen & Toubro has secured a Rs 368-crore order for supply of critical gasification equipment for Datang International Power Generation Co Ltd in China. L&T will supply three sets of gasification equipment for the customer's More

CORPORATE DISPUTES

`Tatas will dilute stake in Idea at right time, price'
Plans to set up gas-based fertiliser plant in Bangladesh More

OVERSEAS BORROWINGS

IMPOST...

Have IDRs arrived?
With the Securities and Exchange Board of India having inserted provisions dealing with Indian Depository Receipts (IDRs) in its Standard Listing Agreement, the decks have been cleared for foreign companies wanting to tap the Indian capital ... More

Sahara One to raise $50 m
Sahara One Media & Entertainment Ltd said its board of directors had approved raising $50 million through an issue of equity or bonds in the overseas markets. It could either be preference shares, convertible debentures, ... More

HUMAN RESOURCES

Tatas go hunting on Harvard campus
Job offers extended to 10 students More

NEW PROJECTS

Bajaj Electricals opens new unit
Manufacture of high mast, octagonal poles near Pune More

BAL to decide on Indonesia unit soon
Bajaj Auto Ltd would decide the details of its proposed manufacturing facility in Indonesia, in a few months time. Last month, while disclosing Rs 1,500-crore capital expenditure plan and phased hike in production capacity from 3.5 million ... More

Amara Raja plans expansion
Amara Raja Batteries intends to raise its capacity of automotive batteries from 3 million units to 3.6 million at a cost of Rs 16.40 crore. This takes the company's expansion programme a step further. In January 2005, the company ... More

Mankind Pharma's new facility in Himachal
To become operational in three months More

Petronet LNG ties up finances for Dahej expansion
Petronet LNG Ltd (PLL), one of the largest liquefied natural gas importer, said that it has successfully concluded additional financing and insurance arrangement for its Dahej terminal expansion. According to a statement issued here, PLL said ... More

REGULATORY BODIES & RULINGS

Clause 49: SEBI warns erring cos
Adding staff in enforcement department More

ALLIANCES & JOINT VENTURES

Ma Foi to team up with Karachi firm
Plans training academies in three Pakistani cities More

Canoro Resources to farm out interest to Brownstone Ventures
Canoro Resources Ltd plans to farm out 15 per cent participating interest to Brownstone Ventures Inc in two oil and gas exploration blocks AA-ON-07 and AA-ONN 2003/02 in the Assam Arakan basin. Both the Canadian companies have entered into a ... More

EVENTS

Corporate meet
THE SEBI CHAIRMAN, Mr M. Damodaran, flanked by the Chairman, CERG Advisory, Mr Omkar Goswami (right), and the Country Managing Partner, Ernst & Young India, Mr Rajiv Memani, at a conference on `Making Corporate Boards Work The Directors' in ... More

OUTLOOK

Kingfisher Air may set up venture abroad
Depends on permission to fly international routes More

NEG Micon plans to export turbines next year
More

Dolphin Offshore eyes EPC contracts for growth
Dolphin Offshore Enterprises (India) Ltd (DOEIL) is looking at Engineering procurement installation and commissioning (EPC) contracts for its future growth. Currently offering integrated services to off-shore oil and gas industry, the company is ... More

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