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    HLL banks on FMCG revival
    MUMBAI, FEB. 11.After a continuous decline for some years, there are definite signs of revival in the fast moving consumer goods (FMCG) industry. "There is an uplift happening and that augurs well that we are back on revival and we hope it ...

    Jet public offer on February 18
    MUMBAI, FEB. 11. Jet Airways has announced that its Initial Public Offering (IPO) will open for bids on February 18 and close on February 24. The company is to offer the public 17.27 million equity shares of Rs. 10 each for cash at a premium. ...

    Inflation dips to 5.25 p.c.
    NEW DELHI, FEB. 11. With the Centre's containment measures effected in the last quarter of 2004 continuing to reap dividends, the rate of inflation slipped by yet another 0.12 percentage point to touch a eight-month low of 5.25 per cent for the ...

    Sensex recovers 56 points on fresh buying
    MUMBAI, FEB. 11. Equities surged to a strong finish lifting the Sensex by 56 points in fairly brisk activity on the Bombay Stock Exchange today on heavy buying support from operators as well as fresh purchases by foreign institutional ...

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    Barometer


    Briefly
    Reliance gas discovery
    NEW DELHI, FEB. 11.Reliance Industries has made 13th consecutive gas discovery in the D6 deep-water block off the Andhra Pradesh coast. The G-1 exploration well flow tested on two intervals at rates close to 100 million cubic feet per day, ...

    Files draft prospectus
    CHENNAI: 3i Infotech has filed draft red herring prospectus for its proposed initial public offer with the Securities and Exchange Board of India. The company may issue up to 20 million equity shares, with a possible greenshoe option for an ...

    Joint Venture for seamless pipes
    MUMBAI, FEB. 11. Maharashtra Seamless of DP Jindal group and Hydril Company LP of the U.S, have formed a joint venture, Hydril Jindal International Pvt. Ltd., for manufacturing premium connections on seamless pipe furnished by the former for the ...

    HPCL's bottling plant
    NEW DELHI, FEB. 11. Hindustan Petroleum Corporation has laid the foundation for its new LPG bottling plant at Loni in Uttar Pradesh. The Rs. 11.80 crore project will be completed in the next 18 months. — ...

    SKF to delist
    MUMBAI, FEB. 11.The Swedish company SKF is to purchase the outstanding publicly held shares of its Indian subsidiary SKF India and delist it from the stock exchanges. The offer to purchase the outstanding publicly held shares is subject to the ...

    Seminar on opportunities abroad
    COIMBATORE: World Wide Immigration Consultancy Services Ltd will organise here a free seminar on opportunities to live, work, study and do business abroad. To be held on February 13, the Chairman and Managing Director of the company, Lt. Col. B. ...

    CII to organise Autocomp 2005
    COIMBATORE: The Confederation of Indian Industry (CII), Coimbatore Zone, will organise Autocomp 2005, a two-day exposition and conference on the trends and business opportunities in auto component sector on February 17 and 18. It will be ...

    Ranipet BHEL bags order
    VELLORE: Bharat Heavy Electricals Ltd. (BHEL), Ranipet, has bagged a Rs. 184 crore order for Electrostatic Precipitator package for the 3x660 MW Stage I power project to be set up by the National Thermal Power Corporation in Sipat in Chattisgarh. ...

    SriLankan Airlines' new Manager-South India
    CHENNAI: Rohan Seneviratne has taken over as SriLankan Airlnes Manager-South India. He will be responsible for the airlines' South Zone operations covering Kerala, Karnataka and Tamil Nadu. Mr. Seneviratne succeeds J. D. Wiemenn, who has retired ...

    Interim dividend from Sulzer
    MUMBAI: Sulzer India has informed the Bombay Stock Exchange that the board of directors of the company in their meeting held on February 10, has declared an interim dividend of Rs. 5 per equity share for the year ended December 31, 2004 and an ...

    Nod for Dalmia Cements
    CHENNAI: Dalmia Cements Bharat Ltd. has informed the Bombay Stock Exchange that the shareholders of the company, through a postal ballot, have given their approval to either lease out or dispose of the whole or substantially the whole of the ...

    Matrix Lab to receive Rs. 95 crores
    HYDERABAD: Matrix Laboratories has informed the stock exchanges on Friday that it would be receiving about Rs. 95 crores towards settlement of potential patent infringement suit. When contacted, company officials declined to disclose further ...



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