Financial Daily from THE HINDU group of publications
Tuesday, December 13, 2005
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Financial Daily from THE HINDU group of publications Tuesday, December 13, 2005 |
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CORPORATE ANNOUNCEMENTS JK Cement promoter to offload 26 pc stake MR Yadhupati Singhania, promoter and Managing Director of JK Cement Ltd, will be off-loading 26 per cent of his stake for raising around Rs 250-300 crore, early next year. JK Cement, which is popular for its JK White Cement, will utilise the ... More
Bhagyanagar Metals shortlisted for two housing projects
Ucal Fuel to exit joint venture with Engelhard
Aurobindo Pharma ARV drug in WHO list OVERSEAS BORROWINGS 
Eastern Silk to issue Rs 200-cr FCCBs to fund expansion plansEASTERN Silk has planned Rs 80-crore capital expenditure for raising its silk fabric producing capacity at its existing unit in Bangalore and setting up a new unit for carpet and made-ups such as curtains and pillow covers. The stock today ... More AWARDS & HONOURS Natco bags patent appreciation award NATCO Pharma Ltd has announced that the Indian Drug Manufacturers' Association (IDMA) has selected it for the Patent Appreciation Award. In a release on Monday, the company said that the national level award would be given to it at a function ... More MERGERS & ACQUISITIONS 
McLeod Russel close to acquiring Doom Dooma Tea — Size of deal likely to be Rs 50-60 crMCLEOD Russel India Ltd, a BM Khaitan Group company and a bulk tea producer, is close to acquiring Assam-based Doom Dooma Tea Co Ltd, a wholly owned subsidiary of Hindustan Lever Ltd. Industry sources said McLeod Russel, which was recreated ... More
Apollo board clears 51% stake buy in Imperial
M&M to acquire 88.41 pc equity stake in Plexion OVERSEAS INVESTMENTS Carborundum Universal sets up unit in UAE CARBORUNDUM Universal Ltd has informed the stock exchanges that it has set up a 100 per cent subsidiary in Ras Al Khaimah, UAE, "for marketing its products — abrasives, ceramics, refractories and electrominerals in the West Asia." The ... More ALLIANCES & JOINT VENTURES JRG, UAE Group in pact for stock, commodity broking operations THE JRG group has got into a joint venture with the UAE Group, headed by Mr Hazza Bib Mohammed, to set up a 60:40 partnership company, JRG Middle East Securities LLC. The new company will undertake stock and commodity broking operations in Dubai ... More SICK UNITS TRL promoters to hold talks with Indian Bank THE Coimbatore-based NDEE group, promoters of the sick Travancore Rayons Ltd (TRL) at Perumbavoor, which have already reached a one-time settlement with the IDBI recently, will now hold discussions with the Indian Bank officials on December 17 to ... More
PSU recast board okays FACT revival package OUTLOOK Bajaj plans fresh bike, scooter rollouts in 2006 BAJAJ Auto Ltd (BAL) is getting ready to take on its nearest competition in the country's increasingly crowded motorcycle market. Come February and the company will launch a new bike in the value segment of the motorcycle, which, along with the ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Dec. 4-Dec. 10 Dunlop, Falcon acquisition — Cross-country holdings made it a complex deal, says Ruia Suzuki all set to launch 125-cc bike in January BMW looking to source components from India — Signs pact with TN for CKD plant Sumitomo group plans 3rd subsidiary in India Bombay HC approves RIL demerger |
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