Financial Daily from THE HINDU group of publications
Tuesday, May 31, 2005
Financial Daily from THE HINDU group of publications Tuesday, May 31, 2005 |
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CORPORATE ANNOUNCEMENTS 
Iffco announces $1 b investment planTHE world's largest fertiliser cooperative, Indian Farmers Fertiliser Cooperative Ltd (Iffco), on Monday announced a $1-billion (approximately Rs 4,400 crore) investment plan to ramp up domestic fertiliser production capacity and reduce energy ... More
Harig Crankshafts bags Rs 150-cr Tata Motors' order
Shakti Pumps looks forward to Rs 100-cr order from M.P. ACCOUNTING STANDARDS ICAI finalises Guidance Note on fringe tax CORPORATES would soon have guidance on how they should account and disclose the amounts paid towards fringe benefit tax (FBT). The Institute of Chartered Accountants of India (ICAI) has finalised a Guidance Note that requires corporates to ... More AWARDS & HONOURS TERI award for BILT NEW DELHI: Ballarpur Industries Ltd (BILT) has bagged this year's TERI national award for corporate social responsibility. The Vice-Chairman and Managing Director, Mr Gautam Thapar, said: "This award for BILT is not just a recognition ... More MERGERS & ACQUISITIONS Jain Irrigation picks up significant stake in Terra Agro Tech JAIN Irrigation Systems Ltd (JISL) has announced that it has acquired a significant strategic stake in Coimbatore-based Terra Agro Technologies Ltd. This investment will culminate in the merger of Terra with the company in the next 6-9 months ... More
Rane to up stake in Kar Mobiles NEW PROJECTS 
Siemens to set up transformer facility in MaharashtraSIEMENS Ltd is setting up a greenfield power transformer factory at its Kalwa complex near Mumbai to cater to the domestic and overseas markets. The factory, which will be the company's eighth in Maharashtra, envisages an initial investment of ... More EVENTS Terumo Penpol Day THIRUVANANTHAPURAM: Terumo Penpol, pioneers in the manufacture of blood bags, celebrated the Company Day here on Sunday. Mr M. Ayyappan, Managing Director, Hindustan Latex, inaugurated the proceedings. Mr C. Balagopal, Managing ... More OUTLOOK 
PDS kerosene waiver, LPG subsidy to increase GAIL's profitabilityGAIL India Ltd on Monday announced that its profitability will increase following the recent hike in gas prices. Though admitting that the hike will enhance operational costs of the company by Rs 875 crore, GAIL expects an even higher positive ... More
Ispat to sell sponge iron, directly reduced iron from June
PERFORMANCE 
Cost pressures tell upon TVS Motor's performanceOTHER income of Rs 37 crore, which came from reduction in tax liability arising out of the company prepaying sales tax, helped TVS Motor Company post 14 per cent growth in net profit for the fourth quarter; nevertheless the company reported a ... 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
In Depth Gender Justice Simple Economics Tax Talk
Looking back May. 22-May. 28 Bajaj Auto to launch Avenger on June 10 Subhash Projects to foray into power trading biz Eisai, GSK in pact for marketing anti-ulcer drug |
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