![]() Financial Daily from THE HINDU group of publications Monday, April 18, 2005 |
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CORPORATE ANNOUNCEMENTS Royal Classic `not keen on FDI or tie-up' THE Rs 225-crore Royal Classic group based in Tirupur, which owns the Classic Polo and Smash brands, plans to come out with an initial public offering (IPO) in 2008 to finance its forward integration and market expansion plans. But the company ... More POLICY Competition Commission in a board-like avatar THE Competition Commission of India (CCI) in its proposed new avatar is likely to get a board-like structure on the lines of SEBI. The Government is mulling over the idea of doing away with the concept of having benches in the ... More NEW PROJECTS
RINL to raise Rs 2,500 cr to fund expansion Keen to form jt venturesRASHTRIYA Ispat Nigam Ltd, which runs the Visakhapatnam Steel Plant, proposes to raise debt of Rs 2,500 crore from the market. The money will be used to fund its expansion project, which will double its capacity to nearly 7 million tonnes a year. ... More INTERVIEW
Faber bullish on kitchen chimney segmentFABER Heatkraft Industries Ltd has virtually set the kitchen chimney market in India on fire by slashing the entry-level kitchen chimney price by about 20 per cent and the decorative kitchen chimney price by 40 per cent. While the company hopes ... More EVENTS Govt may bring in changes in competition law THE Government proposes to bring in amendments to the Competition Act, 2002 at the earliest. This was stated by the Secretary Ministry of Company Affairs, Ms Komal Anand, at a seminar on Competition Advocacy for Industry organised by the ... More OUTLOOK ONGC venture hopes to earn $120 m more through direct sales THE joint venture of British Gas-Reliance-ONGC that operates the Panna, Mukta and Tapti gas fields is looking at earning an additional $120 million by selling gas at market rates in 2005-06 (April-March). The total revenue for this year is ... More PERFORMANCE Apollo's Perambra unit completes 30 years of operations THE first tyre-manufacturing unit of the Apollo Tyres Ltd (APL) at Perambra in Thrissur district celebrated its 30 years of successful operations.The unit, which was set up on April 13,1975 and started commercial production in March 1977 with an ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
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Looking back Apr. 10-Apr. 16 Ahill to widen garment range, enter Lanka Coal India sets production target of 343 mt for '05-06 `CIAL is now a cash-rich company' Simbhaoli plans new model to double capacity Srei inks deal with Tatas for 10,000 vehicles Tata Steel plans capacity expansion at units in China Apollo Tyres hikes prices by 3-4 pc Sundram Fasteners' China unit takes off Zhejiang plant starts third shift Bharat Forge approves $100-m GDR issue |
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