Financial Daily from THE HINDU group of publications
Friday, July 26, 2002
Markets (July 25)
BL 2501093.63 (-1.55)
BSE Sensex3094.96 (-12.52)
S&P CNX Nifty1001.55 (-2.50)
Dollar (Buy/Sell)48.64/48.76
Gold Std (10 gm)5160 (-40)

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Serum Institute bullish on BCG vaccine sales
THE Rs 400-crore Pune-based Serum Institute of India (SIIL) on Thursday launched the BCG vaccine for tuberculosis in India. The Bacille Calmette-Guerin (BCG) will be available at Rs 7 per dose. Speaking to newspersons at the launch, the ... More


E&Y named auditors for Xerox ModiCorp
MS Veena Modi, Chairperson of SpiceCorp, has initiated the process of immediately appointing Ernst & Young as the internal auditors of Xerox ModiCorp. E&Y are the auditors of SpiceCorp, a company release said. E&Y would examine and audit the ... More


IPCL plan to pre-pay IBRD loan may get nod
THE Government is set to clear the proposal submitted by the new management of IPCL — the Reliance group, to pre-pay the company's loan from the World Bank aggregating over $100 million. Hardly a month after the privatisation of IPCL, the ... More


Proposal to provide clean chit for green technology
The `proposal on technology verification and technology evaluation for environmental soundness' will ensure that the technology gets a clean chit well before the marketing or the installation stage itself. More


Kyndal joins race for UDV's Indian whiskies
SCOTCH major Kyndal Plc has entered the race to buy United Distillers & Vintners' (UDV) Indian whiskies, which are on sale. It is learnt that Kyndal has placed the bid through its 100 per cent subsidiary, Kyndal India Ltd. When contacted, a ... More


Premier Tyres may be closed down
THE management of Premier Tyres will be forced to close down the factory if the trade unions continued with their non-cooperative attitude, according to Mr Omkar Kanwar, Vice-Chairman and Managing Director of Apollo Tyres Ltd, which owns the ... More


Tinplate in talks with Usinor for technical tie-up
TINPLATE Company of India Ltd is in talks with Usinor, the French steel major, for a technology and market development tie-up. The company is also looking at the possibility of expanding its production base. The French outfit, which has a ... More


Tinplate's charts 2-pronged plan to sustain profitability
TINPLATE Company of India Ltd has managed to turn around in 2001-02 after years of recording a negative performance. It has decided to implement a two-pronged plan to sustain its latest profitability. The company has posted a profit after tax ... More


Carrier Aircon plans to recast management
THE air-conditioner major, Carrier Aircon Ltd, has proposed appointment of Mr Neville Moos as its Vice-Chairman and Managing Director. The company has also informed the Bombay Stock Exchange that it has changed its management structure and ... More
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Kyndal joins race for UDV's Indian whiskies

ColorPlus may foray into Europe next year

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