Financial Daily from THE HINDU group of publications
Sunday, January 08, 2006
Markets (January 6)
BSE Sensex9640.29 (+22.55)
S&P CNX Nifty2914 (+14.15)
US Dollar (Buy/Sell)44.53/69.78


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ANNOUNCEMENTS


Merck to sell life science biz
MUMBAI: Merck Ltd has approved the sale of its life science and analytics business (excluding bulk drugs) to Merck Specialities Pvt Ltd for a consideration of Rs 99.2 crore. Merck Specialities is a 100 per cent subsidiary of affiliates ... More

Nava Bharat sells power
HYDERABAD: Nava Bharat Ferro Alloys Ltd has informed the stock exchanges that keeping in view the lucrative opportunities available for trading of power and the prevailing ferro alloy market exigencies, it has curtailed production of ... More

AWARDS & HONOURS


ITC bags corporate governance excellence award
ITC Ltd has won the `Golden Peacock Award for Excellence in Corporate Governance 2005', instituted by the Institute of Directors, New Delhi, in association with the London-based World Council for Corporate Governance and Centre for Corporate ... More

FIXED DEPOSITS


FD OPTIONS
Madras Cements: Invest in 1 and 3 year options
Madras Cements: An investment can be contemplated in the fixed deposit programme of Madras Cements; the one- and three-year options can be considered. It may be better to opt for the three-year option than the two-year fixed deposit, as ... More

NEW PROJECTS


Sangam India plans Rs 400-cr expansion
THE Bhilwara (Rajasthan)-based textile company Sangam India Ltd plans Rs 400-crore expansion, which includes adding one lakh spindles. The company is now focusing on polyester viscose yarn, which is in good demand globally. Mr L.L. Soni, ... More

Chemfab to merge associate co, plans expansion
A NUMBER of events are happening in Chennai-based Chemfab Alkalies Ltd — a merger, a hive off, an expansion and a diversification. First, the company is in the process of merging an associate company, Membrane Technologies Ltd — whose ... More

TRADE & LABOUR UNIONS


Toyota employees go on flash strike
EMPLOYEES of Toyota Kirloskar Motor Ltd (TKML) went on a lightning strike on Friday afternoon, affecting production in the Bidadi plant near Bangalore. The workers continued their stoppage of work till late Saturday evening to protest the ... More

ALLIANCES & JOINT VENTURES


Novartis to enter into joint venture for new products
PHARMACEUTICAL major Novartis is planning to increase its presence in India. It plans to enter into joint venture to manufacture and market speciality nutrition food products including food supplements. The company plans to manufacture ... More
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Top Stories
More insurance agents in million-dollar club


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Hard choices ahead for Govt: PM

Chinese consortium may bag Vizhinjam box terminal project

In Focus

Surging Sensex
Dynamic Tirupur
Trends in IT - 2005
FDI in retail sector
WTO - Hong Kong meet
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jan. 1-Jan. 7
Cos raise over Rs 75,000 cr from global markets in 2005

Adherence to Clause 49: IOC convenes EGM to induct more independent directors

Africa promises bed of roses for floriculture sector

Total value of M&A, PE deals in 2005 at $18.2 b

Mahindra buys 98.6 pc in UK's Stokes Group — Forging capacity to go up by 36,000 tonnes


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