Financial Daily from THE HINDU group of publications
Friday, June 14, 2002
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Financial Daily from THE HINDU group of publications Friday, June 14, 2002 |
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CORPORATE ANNOUNCEMENTS GMR to invest Rs 80 cr in ING Vysya Insurance IN a significant move, GMR Technologies & Industries Ltd (GMR-TIL), the Hyderabad-based Rs 161-crore flagship of the over Rs 2,000-crore GMR group, has decided to invest funds to the tune of Rs 80 crore in ING Vysya Insurance, the life insurance ... More
BUYBACK Digital rules out near-term buyback SOFTWARE services firm Digital Globalsoft Ltd has no plans to go in for a buy-back of its equity shares in the near future, according to company sources. Despite repeated attempts, the official spokesman of the company could not be contacted. ... More ACCOUNTING STANDARDS Costing standards for footwear sector THE Institute of Cost and Works Accountants of India (ICWAI) has come out with Cost Accounting Standard on Classification of Cost, guidelines on Transfer Pricing and Cost Accounting Rules relating to footwear industry here today. "The relevancy ... More CORPORATE DISPUTES MTNL seeks time to sort out BSNL dues According to official sources, BSNL has stated that all future interconnect agreements with MTNL would depend on the speedy settlement of pending dues. More OVERSEAS BORROWINGS CESC falters on FRN interest CESC Ltd, the RPG-controlled power utility, has defaulted on the interest payment on its $70-million floating rate notes (FRN), which are due in 2007. The interest payment had become due on May 8, according to a notice from Law Debenture Trust ... More COURTS/LEGAL ISSUES HT power installations -- Spinners' body gets stay on inspection fee hike THE Dindigul Spinners Association has obtained a conditional stay of operation of the Tamil Nadu Government order enhancing the inspection fee levied on power installations in the High Tension Power consuming textile units. The stay will also ... More
TN has acted in public interest in buying land for industrial park: HC ACCOUNTANCY REGULATORY BODIES & RULINGS Norms for appointment of co secretaries eased THE Department of Company Affairs (DCA) has relaxed the norms for appointment of company secretaries by raising the paid-up capital limit prescribed under the Companies Act. Vide its recent notification amending the Companies (Appointment and ... More ENTERPRISE RESOURCE PLANNING TVS Motor Co expects rich SAP dividends TVS Motor Company today said that it has implemented ERP solution SAP to integrate its business applications and processes across the company. The company has invested close to Rs 15 crore as part of the Phase I of the ERP implementation ... More SICK UNITS Fund to revive sick cos -- India Inc against imposition of cess INDIA Inc is not in favour of the imposition of a cess on companies to build a fund to rehabilitate or protect the assets of sick companies — as proposed under the Companies (Amendment) Bill, 2001. The Companies (Amendment) Bill, 2001 ... More
Kerala Govt to sign MoU for Trayons revival soon Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jun. 2-Jun. 8 Contract farming -- Rallis ties up with SBI; replaces ICICI Bank Cos will be able to pay dividend to pref shares from capital -- Act change in wake of telecom row `LML will ride again into glory days with mobikes' Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure `Funds no constraint for Grasim's expansion plans' |
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