Archive for May, 2008

Gokul Refoils IPO Allotment Status

Gokul Refoils and Solvents IPO has been Over Subscribed by 3 times till now.
Retail investors can look forward to good allotment chance.
Gokul Refoil IPO Allotment status and Allocation Details will be posted here as and when available.
Gokul Refoil and Solvents IPO listing date will also be posted here […]

Mumbai and Delhi to now consume only branded fuel

Delhi, Mumbai and other metros will soon have to convert to branded fuel! Oil marketing companies are looking to stop selling normal fuel at most of their retail outlets in these cities.

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Mercator to invest Rs 4,000 cr

Mercator Lines has drawn up a Rs. 4,000crore capital expenditure programme for the next two years to expand its fleet of ships to cash in on the growing dry bulk market and consolidate its presence in highgrowth markets.

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Lee Cooper to enter value segment in India

Completing a year in the Indian market, Lee Cooper is now targeting the value segment with a new subbrand Famous Basics by Lee Cooper. Pitting its new brand against the existing multinational denim brands such as Signature from Levi’s and Hero from Wrangler, Lee Cooper is pegging its ‘economy’ brand in the Rs 599 Rs […]

Graphite India to add 10,500 t at Durgapur plant

Graphite India Ltd will expand graphite electrode capacity by 10,500 tonnes at a cost of Rs 187.50 crore at its Durgapur plant.

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TRAI move to open up internet telephony within India

Making cheaper calls from a PC to a phone in India could soon become a reality, with telecom regulator TRAI on Monday seeking views from the industry and experts on the issue of allowing ISPs to provide internet telephony to call landline or mobile subscribers, within the country.

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NTPC eyes majority stake in Indonesian coal blocks

> NTPC Ltd, the country=C2=92s largest power generator, is eyeing = majority =20 > stakes in one to two Indonesian coal mines and is likely to finalise=20=
> a deal by the end of the current fiscal.

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Ranbaxy Labs, Merck tie up to develop anti-infective drugs

Pharma company Ranbaxy Laboratories has entered into a long-term drug discovery and development agreement with the US-based pharma company Merck in the area of anti-infective medicines. Ranbaxy could earn over $100 million on each drug developed through the collaborative research programme.
The agreement, announced on Monday, calls for joint research to develop clinically validated anti-bacterial and […]

New Honda Accord in India

Honda Siel Cars India on Tuesday announced the launch of its 8th Generation Honda Accord in India.
The new Honda Accord will be available in three types - Accord 2.4, Accord 2.4 Elegance and Accord 2.4 Inspire.
The price of the vehicles start from Rs 16.49 lakh (ex-showroom Delhi) and go […]

Essar Constructions

Essar Construction (India) Limited (ECIL), Essar group’s unlisted company, has bagged its first overseas construction project.
The company’s pipeline division has been awarded the $56 million nickel slurry pipeline project in Madagascar, Africa. This project is scheduled to be completed within 13 months.
When contacted, a company spokesperson declined to comment. “The pipeline will transport nickel ore […]