Financial Daily from THE HINDU group of publications
Sunday, July 14, 2002

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Essar Steel plans to convert loan to equity
ESSAR Steel has informed the Bombay Stock Exchange that the company is considering conversion of promoters' loans and other unsecured borrowings into equity. The company told the exchange that its board will meet on July 19 to take on record the ... More


Andersen has good company
EVERYBODY loves to hate Andersen's auditors these days - but were they worse than the auditors in the other top accounting firms in uncovering irregularities? Not really, according to a study titled `The worsening crisis of confidence on ... More


Sankar Sealings signs MoU for German tech
THE Chennai-based Sankar Sealing Systems Pvt Ltd, the manufacturers of automotive gaskets, has signed an MoU with Frenzelit Werke GMBH of Germany, for transfer of German technology for gaskets of improved design and material. Speaking to ... More


Bajaj Tempo Q1 sales up 112 pc
IN sharp contrast to the slump in tractor sales across the industry, leading automobile and tractor manufacturer Bajaj Tempo more than doubled its sales to 882 tractors in the first quarter of 2002-2003, a rise of 112 per cent over 416 tractors ... More
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