Financial Daily from THE HINDU group of publications
Saturday, August 24, 2002
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Financial Daily from THE HINDU group of publications Saturday, August 24, 2002 |
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CORPORATE BUYBACK TI to make buyback offer TUBE Investments of India Ltd proposes to come out with a buyback offer for purchasing 61,55,769 equity shares at a price not exceeding Rs 100 per share. The number of shares on offer represents 25 per cent of the company's equity capital. The ... More ACCOUNTING STANDARDS SEBI panel wants companies to reveal fund flow into arms THE Accounting Standards Committee of the Securities and Exchange Board of India has suggested that companies must disclose in their annual accounts details of amounts of loans given to and investment made into their subsidiaries. It proposed ... More CORPORATE DISPUTES Ranbaxy denies `stealing' bacteria LITIGATION in the pharma world is virtually a way of life, with original patent holders trying to hold onto their patents, even as generic companies step up competition through their `copycat' drugs. And it is in this light that the pharma ... More
Now, LG takes Whirlpool to court AWARDS & HONOURS MICO develops equipment for Timken THE Industrial Equipment Division (IED) of MICO-Bosch has developed endurance-testing equipment for Timken, which has been selected by National Instruments India for the "best application in the industry" award for 2001. According to Mr K.G. ... More MERGERS & ACQUISITIONS 
JCB to acquire Escorts stake in joint ventureTHE $1.5-billion J C Bamford Excavator Ltd (JCB) of UK has initiated steps to buy out the Escorts group of Nandas in Escorts JCB Ltd (EJCB), its Indian joint venture with the latter. Mr Onkar Singh Sunar, Managing Director of EJCM, told ... More CORPORATE GOVERNANCE Shhhhh! Info is not for you ... Not too many corporates are really sharing pertinent information with their shareholders, despite strict norms. More NEW PROJECTS Nava Bharat plans captive power plant in Orissa NAVA Bharat Ferro Alloys Ltd (NBFAL), the city-based ferro alloys major that recently decided to spin off its ferro alloy plant at Raipur in Chhattisgarh owing to high input costs, is now planning to set up a captive power plant at its ferro ... More
MP group enters bus body building INTERVIEW 
`Value additions in steel best way to beat trade actions'"India's status as a net exporter of steel since 1998-99 confirmed the export capability of its steel industry. I am, of course, referring to high-quality steel. India's steel exports have increased from negligible levels to more than three million t onnes currently." More RIGHTS ISSUES Electrolux to invest $50 m in Indian venture — Rights ratio fixed at 10:7 THE overseas parent of Electrolux Kelvinator Ltd, Electrolux AB of Sweden, has decided to invest $50 million in its Indian venture within the next couple of months through a rights issue. A capital investment of $75 million has already been made ... More SICK UNITS Trayons workers seek layoff allowance TRAVANCORE Rayons Workers United Front (Aikyavedi) has urged the State Government to make arrangements to pay the layoff allowance and bonus arrears due to the workers of the sick unit, which is has been under layoff since last July. ``The ... More OUTLOOK RSA Security bullish on emerging market potential RSA Security, an information security company, is bullish on the emerging Indian market. The company, which marked its Indian presence in February this year, hopes to rope in about 50 Indian companies as customers by the year-end, said Mr ... More PERFORMANCE BSP exports touch Rs 98 cr in April-July EXPORTS of steel by the Bhilai Steel Plant (BSP) of Steel Authority of India Ltd touched Rs 98.5 crore in the April-July 2002 period. BSP sources said that cashing in on the current uptrend in the market and prices of flats, BSP despatched ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Aug. 11-Aug. 17 DCA makes secretarial audit mandatory for cos Job outlook to remain sombre, says FICCI survey You'll soon know of colas' contents Court affirms Bayer's patent — Setback to Dr Reddy's Cipro launch in US Prasar Bharati to restart programme outsourcing Idea, BPL revive merger talks `Glaxo will not limit size of Indian operations' |
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