The Hindu : Business News : Tuesday, August 17, 2004

Online edition of India's National Newspaper
Tuesday, August 17, 2004

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Tata Steel buys NatSteel division
MUMBAI, AUG. 16. In line with its stated objective of growth and globalisation, the Tata Iron and Steel Company has signed definitive agreements with NatSteel Ltd., Singapore, to acquire all of NatSteel's steel businesses. The enterprise value of ...

Chidambaram to meet steel majors
NEW DELHI, AUG. 16. In a bid to bring stability in steel prices, the Union Finance Minister, P. Chidambaram, is likely to convene a meeting of the officials of SAIL, Tata Steel, Essar, Ispat and other steel companies. The meeting is being ...

SAIL scouting for partnerships
KOLKATA, AUG. 16.The Steel Authority of India (SAIL) is scouting for some strategic business partnerships for implementing its Rs. 25,000 crore corporate plan. An official spokesman of the company said the steel maker had lined up a B2B meet to ...

Other Stories

Market ends flat

Rupee loses further ground

Nissan introduces SUV

HDFC sells stake in Intelenet

Essar Steel's improved performance

ABN-AMRO Mutual launches four schemes

GAIL buys stake in National Gas

Hindustan Motors sales up

No relief for shareholders of Global Trust

Allahabad Bank steps up rural credit

Barometer

Exchange rates

Bullion rates

Briefly
Trevira in Reliance fold
MUMBAI, AUG. 16. The German speciality polyester manufacturer Trevira has been transferred to the Reliance group following the European Commission's approval. With all financial formalities completed, the ownership and management control have now ...

Dabur to expand Nepal plant
KATHMANDU, AUG. 16. As part of plans to intensify its global business, Dabur Nepal, a wholly-owned subsidiary of the Rs. 1,350-crore Dabur India, will invest Rs. 10 crore in its Birganj plant in the Himalayan Kingdom to expand the production ...

Takes stake in Matrix
HYDERABAD, AUG. 16. India Newbridge Investment and Maxwell (Mauritius) have on Monday acquired 7 lakh shares of Matrix Laboratories representing 4.81 per cent of paid up equity share capital, through negotiated trades at Rs. 1,500 per share. DSP ...

IOB Expo Gold Card
COIMBATORE: The Chairman and Managing Director of the Indian Overseas Bank (IOB), S. C. Gupta, launched the Gold Card Scheme and issued "IOB Expo Gold Card" to select exporters here on August 14. A release from the bank said that the card was ...

Agro industries in 12 blocks
COIMBATORE: As many as 16 agro industries have been started in 12 panchayat unions in the district under the New Anna Marumalarchi Thittam. A release from the District Industries Centre said that efforts were on to set up similar units in the ...

Floating rate fund from Chola Mutual
CHENNAI: Chola Mutual Fund has announced the launch of Floating Rate Fund, an open ended income scheme. The fund will provide income consistent with the prudent risk from a portfolio substantially comprising floating rate debt instruments, money ...

Kasturi Rangan CPCL's new Director
CHENNAI: A. Kasturi Rangan has been appointed Director (Operations), of Chennai Petroleum Corporation (CPCL) by the Union Government. He held various positions in the organisation. As General Manger (Operations), he was in charge of various ...

Other Stories

Nava Bharat's expansion scheme

On the spot approval by APSFC

Secondary reinforcements in concrete

New Chairman for Indo-American Chamber

Wipro's VPN security specialisation

Network Appliance President

Super Deluxe Apartment project

Parryware launches taps and fittings

SyndExport gold card scheme

Software for hire purchase

BEL in Aviation Week list

SBI Card launches instant card

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