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Saturday, October 29, 2005
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Vodafone picks up 10 p.c. in Bharti Tele-Ventures
All-cash deal worth Rs. 6,700 cr.; largest foreign investment

3 PSUs form consortium
GAIL, RailTel, Powergrid to offer broadband

Sensex plunges 113 points
MUMBAI: The Sensex continued to fall sharply for the third straight session on Friday and plunged by 113 points to end below the 7700-level at 7685.64 on the Bombay Stock Exchange due to frantic selling following withdrawal of foreign ...

L&T net up 42 p.c. in Q2
Exploring East Africa and Botswana markets

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Barometer


Briefly
IIFT branch for Kolkata
KOLKATA: The Union Commerce Minister, Kamal Nath, on Friday announced the Centre's decision to set up the country's second full-fledged Indian Institute of Foreign Trade (IIFT) in Kolkata. This would be a branch of the New Delhi IIFT and would ...

Tavera, Optra prices to go up
NEW DELHI: General Motors India will be hiking the prices of its multi-purpose vehicle Tavera and the premium sedan Optra by 1-2 per cent and will invest Rs. 100 crore to expand the capacity at its Halol plant to 80,000 units, company President ...

Orchid Chemicals raises $75 m
CHENNAI: Orchid Chemicals and Pharmaceuticals, on Friday, announced that it had successfully raised $75 million through the issue of 86.50 lakh GDRs (global depository receipts) aggregating $37.5 million and $37.5 million through convertible ...

Maruti Udyog Q2 net up 43 p.c.
NEW DELHI: Maruti Udyog has registered a 43.06 per cent rise in its net profit at Rs. 262.66 crore for the quarter ended September 30, 2005, against Rs. 183.60 crore in the year-ago period. According to an official announcement, total income has ...

Skoda Auto launches luxury diesel car
MUMBAI: Skoda Auto India on Friday announced the launch of 'Skoda Superb turbo diesel' — the first six cylinder turbo diesel car in India. A flagship model of Skoda Auto brand, Skoda Superb is priced at Rs. 21.80 lakh (ex-showroom Mumbai), ...

SPIC's improved performance
CHENNAI: Southern Petrochemical Industries Corporation (SPIC) has reported a higher income of Rs. 640.12 crore in the second quarter ended September 30, 2005 against Rs. 575.63 crore in the year-ago period. On a sequential basis, income ...

BASF to expand polymer dispersions unit capacity
NEW DELHI: BASF India plans to expand the capacity of its polymer dispersions manufacturing plant in Mangalore to 65,000 tonnes annually effective first quarter of 2007 from 20,000 tonnes. Polymer dispersions are widely used in the paper, paint, ...

Tube Investments MD resigns
CHENNAI: Adhiraj Sarin has resigned as the Managing Director of Tube Investments India Ltd., a Murugappa group company. The Chairman of the company, M. A. Alagappan, told The Hindu that Mr. Sarin "is going for a better opportunity.'' He, ...

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