Financial Daily from THE HINDU group of publications
Saturday, June 29, 2002
Markets (June 28)
BL 2501130.88 (+9.18)
BSE Sensex3244.70 (+27.55)
S&P CNX Nifty1057.80 (+9.25)
Dollar (Buy/Sell)48.83/48.96
Gold Std (10 gm)5300

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Rs 20-cr ad spend to add sting to Scorpio
MAHINDRA & Mahindra Ltd intends to spend Rs 20 crore in backing the `Scorpio' brand, the company's new multi-utility vehicle, but has decided against a `brand ambassador'. "They are not worth it," Mr Rajesh Jejurikar, Vice-President-Marketing, ... More

Shareholders approve Infar name change
SHAREHOLDERS of Infar (India) Ltd have approved a resolution which sought to change the name of the company to Organon (India) Ltd. The change is in tune with its desire to align itself with the internationally-recognised Organon name and be well ... More

Omnex sets up division for `Six Sigma'
OMNEX India Ltd, a subsidiary of Omnex Inc of the US, has formed a separate division for offering consultancy on Six Sigma initiatives to companies here, Omnex India's Country Manager-Operations, Mr Arun Kumar, told a press conference here. Mr ... More


  • Padmalaya Tele pref shares for promoters


    Spat over Chik shampoo — HLL restrained from `product defamation'
    THE skirmish between the Chennai-based CavinKare Ltd and FMCG major Hindustan Lever Ltd (HLL) over their shampoo brands has entered the courts, with the Madras High Court passing an order restraining HLL from resorting to defamation of ... More


    SWC ramping up capacity at Charminar Breweries
    SHAW Wallace & Company Ltd is expanding the brewing capacity at Charminar Breweries in Andhra Pradesh from the current level of 26 lakh cases to 77 lakh cases per annum. The company's Chairperson, Ms V.M. Chhabria, mentioned this to the State ... More


    Sun Pharma to issue bonus pref shares
    THE board of directors of Sun Pharmaceuticals Industries Ltd today recommended bonus preference shares, with a face value of Re 1 to be issued in the ratio of 4 preference shares for one equity share held. According to a press release, the ... More


    L&T division targets 15-20% rise in turnover
    THE ECC division of Larsen & Toubro Ltd is targeting a 15-20 per cent growth in turnover for the year and hopes to achieve a turnover of Rs 1,000 crore through its international operations in three years. Last year, ECC recorded a turnover of ... More


    Bata India in talks with parent to kick up pace — EGM on July 8 for scheme of arrangement
    ADMITTING the performance of Bata India Ltd in the first quarter of 2002 (Jan-March), which led to a net loss of Rs 4.2 crore, was poor, Mr A.L. Mudaliar, Chairman, said the Bata board was now in talks with Bata Ltd, Toronto, on how best to ... More


    Balmy days with Dhirubhai in Aden — A `reliable' friend has fond memories
    IN the normal scheme of things, neither the Kukaswada village near Chorwad in Junagadh district nor the Moti Khavdi village some 30 km off Jamnagar would matter to corporate India. That these are not ordinary times is borne out by the intensity ... More

    Ambani still `on full life-support systems'
    MR Dhirubhai Ambani who was yesterday blessed by the Sankaracharya of Kanchi, today received a `taaveez' (amulet) from a group of maulavis. "The Muslim community is worried about Mr Ambani's health. We need people like him,'' said Maulana ... More

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