The Hindu Business Line : Monday, July 11, 2005

Companies Act revamp will bring down legal provisions: Gupta
THE Union Minister of State for Company Affairs, Mr Prem Chand Gupta, today scoffed at suggestion that his Ministry and the Securities and Exchange Board of India (SEBI) were at loggerheads on the issue of independent directors' ... More

MERGERS & ACQUISITIONS

IOC, IBP boards to decide on swap ratio for proposed merger
AFTER being tossed around between the Ministries of Petroleum and Finance, the issue of swap ratio for the proposed merger of IBP Co Ltd with Indian Oil Corporation Ltd (IOC) has now landed with the boards of the two companies. Based on the ... More

BRPL merger: Merchant banker soon
IOC is in the process of finalising a merchant banker to valuate the merger proposal of its subsidiary, Bongaigaon Refinery & Petrochemicals Ltd (BRPL) with the holding company. The company had recently informed the BSE that the board of ... More

OUTLOOK

A hard FACT
LAST week saw a change of guard at what many still regard as the classical icon of the industrial landscape of Kerala - the Fertilisers and Chemicals Travancore Ltd (FACT), incorporated in 1943 and set up as India's first large-scale ... More

General Motors eyeing call centre, BPO cos to boost sales
IN a bid to achieve higher volume growth of its popular multi-utility vehicle, Tavera, General Motors India has embarked upon a strategy to target the BPO and call centre companies to further boost its sales. The auto major has struck a ... More

Amul targets Rs 150-crore export turnover
AFTER becoming the first Indian dairy products company to treble export sales and cross the Rs 100-crore mark last fiscal, the Gujarat Co-operative Milk Marketing Federation (GCMMF) is looking at a further 35 per cent growth. The federation, ... More

Indian Oiltanking plans terminal facility in South
INDIAN Oiltanking Ltd (IOTL), a 50:50 joint venture between Indian Oil and Oiltanking GmbH of Germany, is setting up a Rs 600-crore terminal facility for crude oil and refined petroleum products in South India. The project will support the ... More

PEOPLE

New chief for Vizag HPCL
VISAKHAPATNAM: Mr A.S. Rao assumed charge here on Sunday as the General Manager in-charge of Visakh Refinery of the Hindustan Petroleum Corporation Ltd (HPCL) from Mr D.K. Deshpande. Mr Deshpande was transferred to Mumbai. Mr Rao is a ... More

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