Financial Daily from THE HINDU group of publications
Saturday, April 06, 2002
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Financial Daily from THE HINDU group of publications Saturday, April 06, 2002 |
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CORPORATE ANNOUNCEMENTS 
Amul utterly keen on creaming Hind LeverTHE battle for supremacy in the Rs 525-crore organised Indian ice-cream market has assumed overtly aggressive dimensions, with the Gujarat Co-operative Milk Marketing Federation (GCMMF, which owns the Amul brand) asserting that it will displace ... More
NTPC getting firm with SEBs to recover dues
HLL withdraws 2 low-end products
Luminous Electronic foraying into South
PREFERENTIAL ALLOTMENTS No bar on open market sale by pref allottees THERE are no restrictions on the sale of shares by the preferential allottees in the open market other than lock-in requirements. The Securities and Exchange Board of India and the Department of Company Affairs (DCA) have been receiving ... More AUDITING Furore over ICWAI panel's Australia trip ALLEGATIONS of an "illegal" foreign trip, one that now seems to have boomeranged, have made life uneasy for the Institute of Cost and Works Accountants of India. The unease has been compounded by a Government nominee on the ICWAI central ... More TAXATION Water tax dues: EIH pays Rs 2 crore to Kolkata corporation EAST India Hotels Ltd (EIH) on Friday paid Rs 2 crore to the Kolkata Municipal Corporation (KMC) as directed by the Calcutta High Court relating to the issue of payment of water tax outstanding since 1991. The corporation had floated a scheme ... More RESTRUCTURING MERGERS & ACQUISITIONS Aurobindo buys Ranit Pharma AUROBINDO Pharma Ltd (APL), the Hyderabad-based Rs 1,000-crore pharma major, has announced that it has acquired Ranit Pharma Ltd (RPL), an unlisted company under the same management, for a consideration of Rs 10 crore. In a press release here, ... More
Delta Paper to expand Nizam Sugars units NEW PROJECTS i-flex IPO proceeds to go into new centres SOFTWARE developer, i-flex Solutions Ltd, will invest Rs 170.61 crore in establishing new development centres in Bangalore and Mumbai from the proceeds of its forthcoming initial public offer (IPO). ``We have four development centres in ... More ALLIANCES & JOINT VENTURES 
FFE Minerals in tech pact with S. African companyTHE Chennai-based FFE Minerals India Ltd has entered into a pact with a South African consulting and engineering firm, CKIT (Conveyor Knowledge & Information Technology), for pipe conveyor technology. Speaking to reporters in Mumbai today, Mr ... More BONUS ANNOUNCEMENTS HLL not to abandon bonus debentures HINDUSTAN Lever Ltd (HLL) today said it had no plans to abandon the proposal to issue bonus debentures. There were reports that HLL's issue of bonus debentures could be impacted because of the proposal of Finance Bill 2002 to tax ... More STANDARDS & BENCHMARKS IOC terminal gets ISO certification MANGALORE: The Mangalore terminal of Indian Oil Corporation (IOC) has received ISO 9002 (1994) certification for its quality management systems for receipt, storage, handling and distribution of petroleum products. The certification has ... More SICK UNITS BIFR issues notice for wind-up of Madurai Cements THE Board for Industrial and Financial Reconstruction (BIFR) has directed issuance of a show-cause notice for winding up the ailing Madurai Cements Ltd. At the recent hearing, theBench noted that all efforts for revival of MCL had failed in ... More
One-time settlement to FIs -- NTC selling 10-acre land to Pondy Govt OUTLOOK 
Tata Steel plans new foraysTATA Steel is planning to enter some new business areas which might include non-steel segments, Mr B. Muthuraman, Managing Director, said here today. Addressing a news conference here on Friday, Mr Muthuraman said the evaluation process was on ... More PERFORMANCE 
PFC expects disbursements to touch Rs 10,000 cr in 2002-03POWER Finance Corporation (PFC) aims to disburse Rs 10,000 crore in loans in the current financial year as against sanctions of Rs 8,506 crore last fiscal, its Chairman and Managing Director, Mr A.A. Khan, has said. PFC made a net profit of Rs ... More
Tata Steel: Climbing up the EVA ladder
BHEL-Tiruchi achieves higher turnover, profit NEW PRODUCTS & SERVICES Refco Sify launches volatility index REFCO Sify Securities has set up a volatility index using the S&P CNX Nifty options to calculate the volatility of the stock market in quantitative terms. The new index gives vital clues about the trend of the stock market. "Normally it is very ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 24-Mar. 30 Kinetic hopes to `Boss' over with Hyosung's technology HLL open to buyback; but not now: Banga Rating may be mandatory for private placement IOC to get Haldia Petro reins with 26 pc stake Pechiney to fully own Indian joint venture -- Plans Rs 70-cr alumina complex in Orissa TotalFina recalls top official; cites slack oil reforms -- To shift focus to LPG, chemicals, lubes |
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