|
No bonus issue now: Electrosteel
Mumbai: Electrosteel Castings Ltd a manufacturer of ductile iron (DI)
pipes, has clarified that the company is not planning to issue bonus shares
in the near future.
Back to
News Review index page
Gufic Biosciences mulls private placement to drive growth
Mumbai: Gufic Biosciences Ltd charting a growth plan for itself - after
holding company Gufic Laboratories sold its ethical brands to Ranbaxy about
three years ago - is looking to raise capital through a private placement.
Back to
News Review index page
`ICAI adapting to changes in business arena fast'
New Delhi: The Institute of Chartered Accountants of India has taken
proactive initiatives on the technology front for the benefit of chartered
accountants, recognising the need to adapt to swift changes in the new
business environment.
Back to
News Review index page
Funding carrier pipelines Petronet may get oil cos to `comfort' FIs
Mumbai: Petronet India Ltd (PIL) may rely on "comfort letters'' from oil
companies - PIL's joint venture partners - to get financial institutions to
fund its common carrier pipeline projects.
Back to
News Review index page
Global giants line up for a slice of Nalco
Mumbai: The government's plan to bring down its holding in Nalco, to 26 per
cent from 87.1 per cent now, has seen a record number of global aluminium
majors - six at last count - showing interest in participating in the
disinvestment exercise.
Back to
News Review index page
Corolla to roll out next year
Bangalore: One of the best kept secrets in the Indian auto industry is out.
Toyota will debut in the country's mid-size passenger sedan market with its
most popular model Toyota Corolla.
Back to
News Review index page
Adlabs to turn Satyam Shivam into multiplex
Mumbai: Adlabs has struck a profit-sharing deal to take over the management
of the prime cinema property Satyam Shivam Sundaram, shut since November
last.
Back to
News Review index page
Reckitt Benckiser plans another open offer
New Delhi: Reckitt Benckiser Plc, which has increased its stake in its
Indian subsidiary to 87 per cent through an open offer last month, is
planning another buyback offer to take its stake beyond 90 per cent.
Back to
News Review index page
Deloitte plans to revamp salary structure
Mumbai: US-based consulting services firm Deloitte Consulting plans to
revamp its salary structure worldwide. The consulting firm intends to extend
its services to include the lower levels of IT implementation such as
maintenance of infrastructure.
Back to
News Review index page
H-P to unveil 3 printers, more wait in the wings
Singapore: Hewlett-Packard is set for a worldwide launch of three new
deskjet colour inkjet printer products on August 1.
Back to
News Review index page
Subdued response for TVS offer to acquire Harita Fin shares
Mumbai: TVS Motors open offer to acquire the entire 50.3% public stake in
Harita Finance and go in for delisting the share has evoked subdued response
from the shareholders.
Back to
News Review index page
Tata Tele plans to raise Rs 2,400cr for basic services
Mumbai: Tata Teleservices, the Tata group's basic telephony services
company, plans to raise debt to the tune of Rs 2,400 crore to fund its foray
into new basic telecom circles.
Back to
News Review index page
Gail to fund HAL only if IOC has control
New Delhi: The Gas Authority of India Ltd, it seems, will now not invest in
the beleagured Haldia Petrochemicals, unless its big brother, Indian Oil
Corporation is allowed to take over management control of this struggling
petrochemicals unit.
Back to
News Review index page
Indian Rayons carbon black unit to enter new sectors
Mumbai: Indian Rayon and Industries Ltd has drawn up a blueprint for its
carbon black division, to reduce its dependence on the auto sector by
expanding its horizons to three new categories -- paints, inks and plastics
manufacturers.
Back to
News Review index page
Downstream steel makers go for price under-cutting
Mumbai: As the race to export more flat products hots up, Indian galvanised
plain and galvanised corrugated (GP/GC) sheet manufacturers have already
started under-cutting prices in the export market.
Back to
News Review index page
Godrej Sara Lee to distribute Kleen Flush, Dranex in India
Mumbai: Godrej Sara Lee has inked a deal with joint venture partner Sara Lee
to distribute the multinationals cleaning brands -- Kleen Flush and Dranex
-- in India. Sales from the two brands put together is estimated at about Rs
15-20 crore.
Back to
News Review index page
Atlas products to go public by 2003
New Delhi: Atlas Products, a cycle company promoted by the erstwhile Atlas
Cycles promoter Arun Kapur, will go public by next year to mop up about Rs
25 crore to finance expansion plans.
Back to
News Review index page
|
