Tobacco-to-hotels major ITC Ltd is planning to set up Rs.4,000-5,000 crore greenfield, half-a-million-tonne size paper plant. One of the states in radar for proposed venture is Gujarat. Addressing a press conference after the company’s 98th annual general meeting at Kolkata on Friday, ITC chairman Y.C. Deveshwar, the company is scouting for 1,500-2,000 acres of...
One more laborer was dead on Monday at Tata Motors Nano car project site near Sanand. A labourer Arvind Shriramnaresh Verma(25) from Uttar Pradesh felled from a roof while the construction work was going on. Sanand Police’s Satishbhai Jani is investigating the case.
It seems that the march of IPOs is back, but not in significant amount. Only six companies have filed initial public offer draft offer documents with the Securities and Exchange Board of India(SEBI) in the first half of 2009, as against 42 IPOs in the same period of 2008. So, are the corporates still...