Automobiles
Hyundai plans to rev up Accent with new engine
HYUNDAI Motor India Ltd (HMIL), the wholly owned subsidiary of Hyundai Motor Corporation of Korea, is planning to launch a new variant of the Accent, its popular mid-size passenger car. The new variant will sport a slightly larger 1,600cc engine and some
modifications to the interiors of the vehicle.
Corporate
Castrol hasn't suffered from competition at all
CASTROL India Ltd, part of the Indian lubricants market for about three decades, is still a neck ahead of all private sector competitors in terms of sales and brand recall. Mr Ram Savoor, CEO and Managing Director, Castrol India Ltd, recently spoke to Bu
siness Line about the company's performance, strategies and plans after its takeover by BP Amoco. Excerpts:
Dabur-UK to go commercial by year-end
DABUR Oncology Plc, a 100 per cent subsidiary of Dabur India Ltd, is expected to start commercial production by the end of 2001.
Travancore Titanium in crisis
AFTER the pollution-related controversy which threw its operations out of gear for more than a month last year, the State-owned Travancore Titanium Products Ltd (TTP) is facing a fresh crisis. This time it is purely commercial in nature.
Mutual Funds
Focus on pharma, telecom cos
EQUITY funds are an uneasy lot these days. The market, devoid as it is of positive developments, has turned even the most hardy fund manager edgy. And, the latest sequence of events has not helped them. Probes into institutional deals, not-too-encouragin
g quarterly results and a dismal stock market -- all of these seem to have joined forces, much to the chagrin of investors in equity funds.
Policy
ADR, GDR norms: Starting trouble?
IN the heady days of the market boom in 1999-2000, driven by those corporate outcastes now -- dotcoms, two top-rung Indian corporates whose share prices were zooming, had put in two interesting proposals relating to overseas equity issuance in the Financ
e Ministry.
Stocks
Govt may step in, boost investment sentiment
THE equity markets have been moving in a very narrow range and appear to be poised for a ``make or break'' point in the coming days.
Spate of resignations -- SEBI summons DSE top brass
THE Securities and Exchange Board of India (SEBI) has called the top brass of the Delhi Stock Exchange (DSE) to Mumbai this week to probe the circumstances which led to the resignation of key officials in the exchange's surveillance department as also th
e resignation of the public representative Director on DSE board, Mr D.N. Davar, who put in his papers last week.
