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Sunday, May 05, 2002

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JK to launch radial tyres for tractors
EVEN as radialisation in the farm sector is expected to be quite slow, tyre major J.K. Industries Ltd (JKI) plans to soon launch a tractor radial tyre that would help minimise the "down time'' of a tractor. "We will launch the tractor radial ... More

Jubilant Organosys to pay Rs 7.50
NEW DELHI: The board of Jubilant Organosys Ltd has recommended a dividend of 75 per cent (Rs 7.50 per equity share) for the financial year ended March 31. The company recorded total sales of Rs 865.0 crore for the year ended March 31, ... More

ACCOUNTING STANDARDS


Accounting for a better earnings picture
IN THE uncertain world of stocks, consistency is a prized attribute. Consistent growth in reported earnings is one reason why a Hindustan Lever or a Nestle India is bestowed a price earnings multiple (PEM) of around 30 times earnings, while the ... More

Investors, arm yourself against smoothing
In the zeal to satisfy consensus earnings estimates and project a smooth earnings path, wishful thinking may be winning the day over faithful representation... . Integrity may be losing out to illusion. Arthur Levitt, former Chairman, US S ecurities Exchange Commission. More

PREFERENTIAL ALLOTMENTS


Ambica Agarbathies
In the report `Ambica Agarbathies promoters to hike stake via pref issue' published on May 4, the word `promoters' should `core promoters'. Of the existing holding of 62.5 per cent of the promoter group, the core promoters hold 9.75 lakh ... More

AWARDS & HONOURS


NMDC chosen for MoU Award
NATIONAL Mineral Development Corporation Ltd (NMDC) has been chosen as one of the top 10 public sector enterprises (PSE) for the MoU Award of the Union Government. Introduced in early 1988, the concept of memorandum of understanding defines ... More

NEW PROJECTS


Bushra to open 5 more centres
WITH its presence in Mumbai and Pune, Bushra International, the educational arm of transnational SunDev Corporation, Malaysia, is set to open five more educational centres in the country by 2003. The locations that have been identified are ... More

STANDARDS & BENCHMARKS


SRL gets US accreditation
NEW DELHI: SRL, formerly known as Speciality Ranbaxy Laboratories, has announced the completion of its laboratory audit by the College of American Pathologists (CAP). According to a company communiqué, SRL is said to be the first ... More

SICK UNITS


MoU to revive Trayons soon
THE Kerala Government is expected to sign a MoU next week with the Coimbatore-based promoters who had proposed to take over the sick Travancore Rayons Ltd (Trayons) near here. A decision is likely to be taken by the State Cabinet at its meeting ... More

OUTLOOK


Western Union has big plans in money transfer sector
IN 1851, it started as a telegraph company. In 1866, it introduced stock tickers, providing brokerage firms with New York Stock Exchange quotations. In 1914, it introduced the first consumer charge card. Today Western Union Financial Services ... More

PEOPLE


Top brass of Malvika Steel quit board
IN a significant development, key board members of Malvika Steel Ltd including the company's Chairman, Dr S.K.Gupta, have quit as directors of the company. The other members of the board who have submitted their resignations are Dr Bhaskar ... More
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SE Diary
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Top Stories
Govt still undecided on separate regulator for urban co-op banks


Western Union has big plans in money transfer sector

Forex reserves rise $243 m

No chance of cotton prices going up: Rana

Can Ranil convert the `feel-good factor' into economic benefit?

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 28-May. 4
`Usha Intl making the most of China factor'

DoT, FIs may oppose Batata-BPL merger

IOC, Reliance, Nirma bid for IPCL stake

Safeguards likely in SEBI's search & seizure powers

Colour dot labels for cosmetics in, drugs out

M.S. Oberoi dies at 103

Andersen partners join Ernst & Young -- Business consulting kept out

Cement sector output crosses 100-mt mark


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