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Friday, February 17, 2006
Indian Iron and Steel merges with SAIL
KOLKATA: The Indian Iron and Steel Company (IISCO), a 100 per cent subsidiary of Steel Authority of India Ltd (SAIL), has been amalgamated with the parent company with effect from Thursday. As per the order given by the Company Affairs Ministry, ...
`No review of power tariff policy for now'
Private players should execute the projects on their own
Sensex touches new intra-day peak
MUMBAI: The Bombay Stock Exchange sensitive index, after touching a new intra-day peak of 10,195.42 on Thursday, reacted downwards on emergence of selling during the day, but managed to end 11 point higher. The BSE 30-share index opened the ...
SpiceJet gets its own aircraft
Flags off maiden flight to Goa; inducts sixth Boeing into fleet
Ranbaxy raises $400 m through FCCBs
MUMBAI: Ranbaxy Laboratories has raised $400 million through the issue of foreign currency convertible bonds (FCCBs). The bonds are convertible into equity shares, which have been priced at a premium of 60 per cent to the Bombay Stock Exchange ...
Orchid in R&D pact with Pfizer
MUMBAI: Orchid Chemicals & Pharmaceuticals on Thursday said it had signed a long-term master research and development agreement with Pfizer International, LLC. Orchid Chemicals informed the stock exchanges that it would provide research and ...
Dr. Reddy's to acquire Betapharm
HYDERABAD: In a major development, Dr. Reddy's Laboratories and 3i, Europe's leading private equity house, have entered into a definitive agreement providing for strategic investment by Dr. Reddy's to acquire Betapharm Group, the fourth largest ...
Permal launches India fund of hedge funds
LONDON: Permal Group, a unit of the U.S. based investment company Legg Mason inc., has launched a fund of hedge funds tapping strong economic growth in India. Permal India Holdings will invest in 20 hedge funds adopting a range of strategies. ...
PERT opens Q&A box on Union Budget
CHENNAI: Keeping in view the needs of the citizens before and after the Union Budget, PERT has opened a Question and Answer Box, in its website http://www.PERT.org.in. Experts from PERT will provide ...
Prudential ICICI launches Fusion Fund
CHENNAI: Prudential ICICI Asset Management Company has announced the launch of Prudential ICICI Fusion Fund, a close-ended diversified equity fund focussed on long-term investment potential of stocks across market capitalisation. It will have a ...
Henkel India registers all round growth
CHENNAI: Henkel India has recorded a turnover of Rs. 78.47 crore in the three months ended December 2005, registering a growth of 16 per cent over the same period in the previous year. In the year ended December 2005 the revenue was Rs. 304.16 ...
South Indian Bank fixes cut-off price at Rs. 66
MUMBAI: South Indian Bank has informed the BSE that the Committee to Decide and Monitor Augmentation of Sahre Capital (CDMAOSC) has adopted a resolution that the cut-off price for the shares to be allotted under follow-on-public offering will be ...
New corporate identity for MBT
MUMBAI: Mahindra & Mahindra has informed the Bombay Stock Exchange that Mahindra-BT has announced its new corporate name and unveiled its new identity, Tech Mahindra. The company's new corporate identity and change of name comes at a time when ..
Workshop on fashion knowhow
CHENNAI: The Indo-Italian Chamber of Commerce and Industry, in collaboration with CITER (Centre for Innovation on Textiles of Emilia Romagna, Italy) and its Indian partners, the National Institute of Fashion Technology, Chennai, and NIFT TEA, ...
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