The Hindu Business Line : Tuesday, February 26, 2008

PREFERENTIAL ALLOTMENTS
IMPACT
Dish TV: Uncertainty ahead on cancellation of pref offer
Dish TV has cancelled the Rs 250-crore preferential allotment of equity shares and warrants to Indivision India Partners. The placement was made a couple of months ago, and appears to have fallen through due to the steep decline in the stock ... More

NEW BUSINESS
Jubilant bags $92-m worth contract research deals
New Delhi, Feb. 25 Jubilant Organosys Ltd has got new contracts worth $92 million under its custom research and manufacturing services business for the calendar year 2008. Given Jubilant’s geographical focus on the regulated ... More

AWARDS & HONOURS
Maruti pays Rs 2,635-cr excise
More

MERGERS & ACQUISITIONS
Intra-group mergers may not come under competition panel scanner
Corporates’ fears on CCI unwarranted, says Minister More

NEW PROJECTS
W.S. Ind Vizag plant to go on stream by June
Chennai, Feb. 25 The second plant of the Chennai-based W.S. Industries Ltd (WSIL), coming up in the multi-product special economic zone in Visakhapatnam at a cost of Rs 107 crore, will be production-ready by June. The plant will add ... More

OVERSEAS INVESTMENTS
Opto Circuits to buy US co for $68 m
Bangalore, Feb 25 Opto Circuits (India) Ltd today announced that it has entered into a definitive agreement with Criticare Systems, Inc, a US-based healthcare company, to launch a tender offer to acquire all the outstanding shares of Criticare ... More

ALLIANCES & JOINT VENTURES
Crompton Greaves ties up with Dutch company
New Delhi, Feb. 25 Electrical equipment manufacturer Crompton Greaves on Monday announced a tie-up with Dutch firm Lemnis Lighting for launching LED lighting products.“In a scenario of increasing concern of carbon dioxide emission ... More

BONUS ANNOUNCEMENTS
Bonus offer boosts Reliance Power
Stock closes above IPO price for the first time More

OUTLOOK
Bharat Biotech to launch upgraded hepatitis B vaccine
Hyderabad, Feb. 25 Bharat Biotech International Ltd is firming up plans to launch the thimerosal-free hepatitis B vaccine in the global markets. Thimerosal-free implies that the vaccine is free of chemicals and does not need ... More

Volatility in crude may hit IOC refining margins
Kolkata, Feb. 25Having recorded a reasonably high refining margin throughout the year, IndianOil is expecting a drop in gross refining margin (GRM) in the fourth quarter due to sudden volatilities in crude and product prices. The company, ... More

Honda Siel expects approval for Civic Hybrid soon
New Delhi, Feb. 25 Honda Siel Cars India on Monday said that it expects to receive homologation for its Civic Hybrid from the Automotive Research Association of India within the next 10 days. The company also said that while it did not ... More