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Home >> Corporate News >>Latest Archives >> 2006 >> 2005 >> 2004
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Corporate News : Archives
December 2004
November 2004
Inflation falls to 7.06 per cent
Air cleared over NPA recovery Act
Banks need major reforms: FM
Car sales up 31.2 per cent on lower interest rates
Vijaipur Unit Of Nfl Produces Neem-Coated Urea
R.K. Singh elected to world railways highest body
IOC clinches $3 bn gas deal in Iran
India's forex reserves cross $120-bn mark
NTPC shares jump 13% on debut
October 2004
September 2004
August 2004
RITES earns Rs. 267 cr. net profit for FY03-04
Reliance slashes call charges by 60%
SAIL R&D Unit bags National Award
BHEL bags Rs 20 mn order from Tyco Elec., UK
NTPC plans to double IPO size to $1 bn
GAIL plans Rs 4500-crore pipeline
GAIL-GSPL finds oil reserves in Dholka, Gujarat
New Saving Scheme for Senior Citizens with 9% int
BHEL bags first turnkey contract for 400 kV Grid
July 2004
BPCL Q1 profits up at Rs 1473 million
Bank of Maharashtra nets 78 cr in Q1
SAIL Q1 profits up 336% at Rs. 1112 cr
OBC post Rs. 181 cr profit up 27% for Q1
HPCL Q1 profits up 57% at Rs. 247.3 cr
ONGC Q1 net profits up by 8% at Rs 2,308.2 cr
Copa America 2004 : Brazil’s Cup -> RESULTS
Asia Cup 2004 Sri Lanka : Schedules & Results
PNB Q1 net profits zoom 28.2% TO 322.67 cr
SBI Q1 net up 17% at Rs 1,058.4 crore
GTB to nerge with OBCl
Bank strike on August 24
Government allows oil companies to increase or decrease prices by 10%
ONGC, GAIL to bear LPG, kerosene subsidy burden
GAIL to invest Rs 4000 cr in laying pipelines
NFL off the disinvestment list : Paswan
BHEL bags Rs. 410 cr contract from NTPC
Reliance, IOC, BPCL, HPCL in Fortune 500
BHEL to export Solar Photovoltaic Cells to Italy
BHEL to set up 120 MW hydel project in J&K
IndianOil branded fuels sales surge in Delhi
OVL signs pipeline contract with Govt. of Sudan
BHEL wins Rs.1701 Crore from DVC
Subir Raha, CMD, ONGC conferred with V. Krishnamurthy Award of Excellence
IndianOil Bags National Technology Award
June 2004
PNB implements credit and relief package for farmers
ONGC Videsh Ltd all set to undertake its first Engineering & Construction Project in Sudan
DOT Announces Reduction In Licence Fee For Infrastructure Providers
Reliance finds gas reserves off Orissa coast, to invest Rs. 2500 cr in Oil exploration & production
BSNL to offer Internet through Wi-Fi, Wi Max
Govt clears ONGC's $200 mn Sudan oil pipeline
ONGC net profits down to Rs. 8664 cr for 2003-04
EPF rate may remain at 9.5%
NTPC files for IPO, to offload 5.25%, to offer 432.9 mn shares with face value of Rs 10
State Bank of India to open branch in Oman
BSNL to invest Rs 14,700 cr in 2004-05
PFC to raise $100 million in ECB next week
NHPC net profit up by 22 % at Rs. 621.38 crores
Indian Airlines to hike fares by 10% from June 21
First A-I Mumbai-LA flight takes off
Govt approves IOC merger with subsidiary IBP
TCS signs MoU with PNB for implementing PeopleSoft HCM & Payroll Solution
TCS to offer 5.54 cr shares via IPO
BHEL bags Rs 30 cr order from Gujarat Ambuja
IndianOil net profit up by 15 % at Rs. 7005 cr
MTNL may bid for Rwanda Telecom
IOB targets Rs 8,000 cr growth in business in 2004-05
Bank of India to go for 2nd IPO offer
NTPC gets SEBI nod for 5% public issue
Oriental Bank of Commerce to wipe off NPA
ONGC Videsh Limited net profit up by 626% at Rs.428.53 Cr
Govt fixes 49 per cent cap on FDI in airports` modernisation
May 2004
GAIL may list on NYSE or Nasdaq
Government fixes airport FDI cap at 49%
Govt to slash interest rates on EPF by 1.5-2 %
Govt may divest 5% in BSNL before merger with MTNL
SAIL nets Rs. 2512 cr, wipes off losses
BHEL bags Rs 647 cr order from MSEB
Bank of Maharashtra net up 37 % at Rs 304 cr
FIPB okays 73 FDI proposals worth of Rs 4,044 crore for mining
Central Bank, New India Assurance sign MoU for Bancassurance
Bank of Baroda get nod from RBI for Singapore branch
OBC to raise Rs 750 cr through bonds
Oil firms lose Rs 3000 cr in 2 months
No divestment of MTNL & BSNL : Maran
BPCL net profits up by 36 % at Rs. 2462 cr
Utility Powertech Ltd. nets Rs. 85.63 crore
PNB starts real time Gross Settlement ( RTGS)
GAIL net profits up by 14.6% at Rs.1878 Cr
Dena Bank seeks Govt nod for second public issue
NTPC Vidyut Vyapar Nigam Ltd expects to trade 3 Billion Units in 2004-05
Petronet's Rs 1050 cr bond issue in June
TRAI to fix sealing on tariff for bandwidth
ICICI banks net up at Rs. 1637 cr
Reliance becomes first pvt firm to net $1 bn profit
GAIL net up at Rs. 1878 cr
NTPC seeks SEBI waiver of minimum listing criteria
April 2004
VSP Records Highest Ever Sales During 2003-04
NALCO net up 44 percent
LIC sanctions Rs. 6500 cr loan to NHPC
Infosys Q4 net at Rs 337 crore
Bank of Maharashtra jumps over 40% on debut at Rs. 33
MoUs Signed with HPCL and OIL India for 2004-05
Government Assigns Higher MoU Target for Gail in 2004-05
Japanese Official Development Assistance to India
MOU between Konkan Railway & Ministry of Railways
SAIL achieves all time best performance
Bank of Maharashtra issue to be listed on April 12
ICICI Bank fixes its share price at Rs. 280 per share
PNB signs MoU with Intel for future Technological requirements
NTPC IPO of Rs. 400 cr. in August
BPCL announces VRS scheme for employees
Rashtriya Ispat Nigam Limited (RINL) signs MoU with Govt
MTNL cuts ISD rates by 25%
ICICI Bank public issue oversubscribed
BHEL net profit up by 38% at Rs. 615 crores
Former Secretary Telecom Vinod Vaish has taken over as Member of the newly constituted Telecom Dispute Settlement and Appellate Tribunal
NTPC net profit up by 33% at Rs. 4905 cr. Highlights
Gyan Chand Daga takes over as Director (Finance) Steel Authority of India Ltd.(SAIL)
India's forex reserves rise to record $110.317 bn
March 2004
Reliance makes 2 new gas discoveries in Bay of Bengal
Power Finance Corporation net profits up by 37% at Rs. 1601 cr Performance Highlights
Maruti posts highest ever sales in 2003-04
A. K. Puri takes over Director (Power), BHEL
BSNL cuts long distance call rates by 25 per cent applicable from April 10
C-DOT and BSNL sign MoU for upgradation of telephone exchanges
DOT and TCIL enter into MoU
RITES declares Interim Dividend
Mou between NTPC & Ministry of Power
MTNL slashes installation charges for new connection from Rs. 800 to Rs. 500
IndianOil Signs MoU with Govt
MOIL's February Ore Production Up
BHEL commissions first Advanced Class Gas Turbine to be exported from India in Oman
BIRD Group of Companies improve performance
Rourkela Steel Plant (RSP) Shows growth
BARC Develops "Moist Wound Healing"
Govt fixes Rs. 750 per share price for ONGC, Rs. 712.50 for retail investors
BHEL bags largest long-term contract for oilfield equipment from ONGC
Konkan Railway gets award for Excellence in Cost Reduction
Petronet IPO priced at Rs 15
CMD of ONGC Subir Raha has been awarded Global CEO of the year 2004 at Mumbai
Power Trading Corporation IPO oversubscribed by 33.5 times
MoU Between NTPC and IIT, Mumbai
BHEL gets 333 cr order from Gujarat State Electricity Corporation
ONGC price band fixed at Rs 680-750
NTPC plans to enter in coal mining area
S K Jain appointed Director (HR) in BHEL
Prakash Singh is new CMD of the United Bank of India
February 2004
IPCL share price fixed at Rs. 170 per share
PNB revises interest rates on FCNR (B) deposits
Bank of Maharashtra to issue 1 lakh ‘family cards’
IPO's : IPCL subscribed 2.76 times, CMC 4.5 times
GAIL IPO : Recieves bids worth 44.11 lakh shares in first hour of Trading
Power Trading Corporation IPO : To open on Mar 1 at Rs 14-16 per share
LNG Petronet IPO priced at Rs.13-15 per share, to open on March 1 to March 9
GAIL IPO : Floor Price fixed at Rs. 185 per share
ONGC to take 26% in BPCL’s Bina refinery
IOC raises US $ 200 million syndicated term loan
PNB sets up an Adhoc Committee on procedures & performance audit on public services
Konkan Railway bags Chenab and Anjikhad bridge designs in Jammu & Kashmir
Rs 620 floor price for IBP and Rs 475 for CMC
IPCL to invest Rs 350 cr in next 2 years
Guidelines issued for intra-circle telecom mergers
RBI eases loan norms for employees outside India
India's forex reserves reaches $107.5 bn
Indian Oil Corporation to invest 100 million dollars in Sri Lanka
IPO of GAIL to hit market on Feb 27, ONGC on March 5
Bank of Maharashtra IPO on February 25
LIC launches 3 new products in UK for NRI
IPCL IPO : Govt. fixes Rs. 170 per share as floor price
GAIL IPO : Roadshows to start from Feb 20
Oil India pays interim dividend of Rs. 126 crore to Govt. of India
BSNL begins mobile services in Arunachal
HPCL seeks equity in Petronet LNG
India's first LNG terminal at Dahej dedicated to the nation
BPCL & HPCL bids for pumps in Sri Lanka
ICICI Bank to raise Rs. 3000 cr. public issue
PM dedicates 3 power projects of 1000 mw
January 2004
Contracts for 20 blocks under NELP-IV and 8 blocks under CBM-II signed
Oil PSUs declared Interim Dividend of Rs. 2,739 crores for 2003-04
Iran offers India equity in South Pars Gas Fields
GAIL to explore business in UK for CNG & Pipeline
CAIRN to produce 10000 barrels of oil from Rajasthan
IPCL Q3 net up at Rs. 81 cr
IFCL to merge with PNB
SBI Q3 net up 17% at Rs. 919.44 cr
PNB Q3 net up by 37% at Rs. 259.9 cr
ONGC net down 33.7% at Rs. 1718.53 cr for Q3
HPCL Q3 net up by 137% at Rs. 775.71 cr
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