![]() Financial Daily from THE HINDU group of publications Tuesday, February 12, 2002 |
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CORPORATE ANNOUNCEMENTS Voltas clinches order to air-condition Queen Mary VOLTAS, in association with an Italian company, has clinched the deal to air-condition the world's largest cruise liner, Queen Mary II. ``The time-bound project will be completed off Nantes in France and the ship would set sail by December ... More
L&T unit bags Tarapur contract ACCOUNTING STANDARDS ICAI favours rejection of qualified accounts THE Institute of Chartered Accountants of India (ICAI) has written to the Department of Company Affairs (DCA), asking that the accounts of companies qualified by the auditors as violative of any accounting standard, be rejected by the Registrar ... More CORPORATE BONDS Arvind board okays debenture issue THE board of directors of Arvind Mills Ltd, which met in Ahmedabad on Monday, approved the issue of up to 13 lakh secured optionally partly convertible debentures of Rs 500 each aggregating Rs 65 crore. This was against the issue of 10 lakh ... More MERGERS & ACQUISITIONS Schreiber to acquire 11 pc Britannia stake in Dynamix THE US-based Schreiber International Inc has finalised plans to acquire Britannia Industries Ltd's (BIL) 11 per cent stake in the Baramati-based Dynamix Dairy Industries Ltd (DDIL). The move follows Britannia's decision to enter into a separate ... More
Dabur to expand pharma business thru buys
Herbicure rejects US co's offer
CORPORATE GOVERNANCE Enron: US face-off takes curious turn THE outcome of the decision by the US General Accounting Office (GAO), the investigating arm of the Congress, to file a suit against the White House for information about the Bush Administration's energy task force meetings, is bound to be of ... More ALLIANCES & JOINT VENTURES QualCore, Sequence to set up tech centre QUALCORE Logic Ltd, a Hyderabad-based embedded solutions provider, and Sequence Design Inc, have come together to establish a system on chip (SoC) technology centre here. Sequence Design Inc, a Silicon Valley-based system on chip design ... More OUTLOOK
Reva looking to ride highIN a depressed automobile market, which is crowded with several new petrol and diesel models, can an electric vehicle (EV) that costs Rs 2.48 lakh on road really make much headway? Especially in a market, where petrol versions are available at ... More
i-flex sharpens focus on US PERFORMANCE `2001-02 could be worst for corporates in a decade' FOR the Indian corporate sector, fiscal 2001-2002 could turn out to be the worst year in at least a decade, the Centre For Monitoring Indian Economy Pvt Ltd (CMIE), has said in its latest monthly review. "The second and third quarter results ... More
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Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 3-Feb. 9 Companies fight shy of meaningful disclosures Some home truths about Chinese threat VSNL seeking lower `settlement' rate -- Overseas calls set to be cheaper Wipro campus recruits told to wait till 2003 US accounting industry in for `major overhaul' Indian Oil set to acquire IBP Bajaj Auto aims to pip Hero Honda Tatas hit jackpot with VSNL Hyundai planning to come out with IPO UB set to soak South with latest buyout -- Snares GMR Vasavi, Empee Zuari-Chambal bids for Paradeep Phos |
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