The Hindu Business Line : Sunday, May 28, 2006

BEML rolls out wagons to move Army tanks
Bharat Earth Movers Ltd on Saturday rolled out the first batch of 29 flat military rail wagons meant to transport Army's tanks and other heavy equipment. The 29 wagons are part of an Rs 55-crore Army order placed with BEML for 178 of these ... More

OPEN OFFERS
Coromandel makes open offer for Ficom
Coromandel Fertilisers Ltd has informed the National Stock Exchange that an announcement is being issued by Keynote Corporate Services Ltd (Manager to the Offer), on its behalf, to acquire controlling stake in Ficom Organics Ltd. The ... More

TAXATION
Cenvat credit rules to be amended for easier compliance
Existing `reasonable steps' not practical More

FIXED DEPOSITS
FD Options
Sundaram Finance: Investors looking at building a portfolio of fixed investments should consider exposures in the deposits of Sundaram Finance. It offers an interest rate of 7 per cent, 7.5 per cent and 8 per cent for one-, two- and ... More

MERGERS & ACQUISITIONS
Indian cos turn global turnaround specialists
Take acquisition route to US, EU markets More

NEW PROJECTS
Madras Cements to spend Rs 1,052 cr on expansion
Plans new plant in TN, additional clinker facility in AP More

`Protests over Tata Motors project a small incident'
The West Bengal Minister for Commerce & Industries, Public Enterprises & Industrial Reconstruction, Mr Nirupam Sen, said that the steam let off by local people at Singur, the site of Tata Motors' small car project, was a small incident and sh More

Small car, big message
Rarely has an automobile been at the centre of as much speculation as the proposed Rs 1-lakh car from Tata Motors. The announcement from the Tata Sons Chairman, Mr Ratan Tata, that the company will be setting up the assembly plant for this ... More

INTERVIEW
L&T sees order book growing 30% this fiscal
`Our real concentration though is in the Gulf, we will diversify to some Far-East countries this year'; `Trying to go to Malaysian, Thailand, Singapore' More