BOARD MEETING
• CROMPTON GREAVES to consider interim dividend.
• 20 MICRONS to consider issue of convertible warrants on preferential basis.
DATA ALERT FROM OVERSEAS
• FRANCE BUSINESS SURVEY for Mar.
• BANK OF ENGLAND FINANCIAL POLICY COMMITTEE STATEMENT.
• CANADA CPI for Feb.
• US NEW RESIDENTIAL SALES in Feb.
• US METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT for Jan.
MARKET NEWS
• IOC inks pact with Tidco for 45-bln-rupee LNG terminal
• JNPT to raise 50 bln rupees tax-free bonds
• Tata Motors' arm JLR launches 500-mln-sterling senior notes issue
• AHLCON PARENTERALS (INDIA): B. Braun Singapore has made an open offer for 26% of the company's shares.
• ABAN OFFSHORE: Holders of preference shares have agreed to extend redemption date by three years and increase coupon to 10%.
• DHANLAXMI BANK: May sell its 15% stake in Destimony Securities.
• DOLPHIN OFFSHORE ENTERPRISES: Has got a contract worth 2.70 bln rupees from OIL AND NATURAL GAS CORP.
• GATI LTD: Seeks joint venture partners for its subsidiaries, including cold chain and international businesses, to lower debt.
• GMR INFRASTRUCTURE: Has put development of its 70-bln-rupee power project at Shahdol, Madhya Pradesh, on hold due to coal supply shortages.
• GODREJ PROPERTIES: Company's institutional placement of 8.19 mln shares, including greenshoe option of 744,255 shares
• Arm Novelis plans to sell three aluminium foil manufacturing plants in Europe to American Industrial Acquisition Corp.
• HINDUSTAN COPPER: Has reduced the premium it charges on the base price of refined copper products to increase sales ahead of the financial year-end.
• HINDUSTAN ZINC: Vedanta Group has offered 170 bln rupees to buy the government's balance stake in the company and Bharat Aluminium Co.
• INDIAN OIL CORP: In pact with Tamil Nadu Industrial Development Corp to set up a 45-bln-rupee liquefied natural gas terminal near Chennai.
• LIC HOUSING FINANCE: Copthali Mauritius Investment sold 865,000 shares of the company for 251.40 rupees each.
• RELIANCE CAPITAL: Nippon Life Insurance Co has signed final agreement with the company to buy 26% in Reliance Capital Asset Management.
• THERMAX: Has acquired the steam division of Virgo Valves and its German subsidiary Rifox-Hans Richter.
• TILAKNAGAR INDUSTRIES: Has forayed into construction and infrastructure of distilleries and bottling plants with acquisition of Mykingdom Ventures and Studd Projects.
• UNITECH: Has sought around $150 mln from Telenor to sell stake in joint venture company Uninor.
BLOOMBERG : Oil minister : Govt plans to rollout city gas network in 300 cities
