Business Daily from THE HINDU group of publications
Sunday, July 16, 2006
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CORPORATE

PRIVATE PLACEMENT
Rain Commodities allots shares to Citicorp
The board of directors of Rain Commodities Ltd at its meeting on Saturday has allotted 10 lakh equity shares to Citicorp Finance India Ltd at a price of Rs 40 each (including premium of Rs 30 per share) consequent to the ... More

DIVIDEND ANNOUNCEMENT
Madras Aluminium to pay 80 pc dividend
Madras Aluminium Company Ltd has informed the BSE that the board of directors of the company at its meeting held on July 14, inter alia, has recommended a dividend at 80 per cent on the equity share capital for the year ... More

NEW PROJECTS
NPCIL gets going on additional nuclear capacity
6,000-10,000 MWe from four new sites sanctioned by Govt More

Sakthi Sugars on Rs 320-cr expansion programme
Greenfield plant, 3 co-generation units of 85-MW capacity planned More

OVERSEAS INVESTMENTS
`Big investments by Indian cos in UK'
More companies listed on LSE than on NYSE & Nasdaq: British official More

ALLIANCES & JOINT VENTURES
Bajaj Auto gets Indonesian nod for facility
Bajaj Auto Ltd has been given permissionby the Indonesian Government for setting up its manufacturing facility in that country. The approval was given a month ago, Mr Sanjiv Bajaj, Executive Director, BAL, said here on Saturday. Talking to ... More

BONUS ANNOUNCEMENTS
UB Holdings to issue 1:1 bonus
United Breweries Holdings Ltd has informed the Bombay Stock Exchange that the members at the extra-ordinary general meeting of the company have approved the issue and allotment of bonus shares in the proportion of one equity ... More

PERFORMANCE
Sugar exports jump to Rs 169 cr in 2005-06
Sakthi Sugars' export of sugar during the financial year ended June 30, 2006, has worked out to 8,879 tonnes valued at Rs 169 crore, compared to 750 tonnes worth Rs 9.78 crore in the previous year. The sugar export sale has constituted ... More






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