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Monday, February 10, 2003

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ACCOUNTING STANDARDS


ICAI brings quality to book
POST-BUDGET, apart from India's performance in the World Cup matches, there would be one more thing to worry about for chartered accountants. By mid-March, the Institute of Chartered Accountants of India (ICAI) plans to bring out the `Peer Review ... More

AWARDS & HONOURS


  • Award for NTPC

    CORPORATE BONDS


    SJM Co-convenor writes to Finance Minister — `Probe ownership of Reliance share allottees'
    THE Co-convenor of the Swadeshi Jagran Manch (SJM), Mr. S. Gurumurthy, has called for a fresh probe under the Companies Act to determine the antecedents of 34 private entities which were allotted non-convertible debentures with warrants by ... More

    MERGERS & ACQUISITIONS


    Taparia's Supreme group bets on merger for growth
    The merger is planned to sharpen its focus on the product exports such as PVC fittings, rigid PVC films etc. The new entity has identified the US, Europe, Africa and West Asia as potential markets. More

    CDC raises stake in Cico Technologies
    THE UK-based venture capitalist, Commonwealth Development Commission (CDC), has increased its stake in the Rs 25-crore Indian construction chemicals manufacturing company, Cico Technologies Ltd (CTL), by investing a fresh capital of Rs 5.50 crore ... More

    ALLIANCES & JOINT VENTURES


    United Tech eyes tie-up with GTRE for Kaveri engine — Plans expansion this year
    AFTER over two years of limited role in the country in a joint venture, aviation engines major United Technologies is preparing to ramp up its activities during the current year. UT is in talks with DRDO, Gas Turbine Research Establishment ... More

    INTERVIEW


    `Ucal Fuel upgrading production capacity' -- Mr K. Jayakar, Vice-Chairman and Managing Director
    The immediate mandate will be three-fold. First, will be modification and development for components that are being indigenised. Second, will be the R&D that would be used jointly by Mikuni and Ucal. Third, will be products developed only for Mikuni. More

    OUTLOOK


    Amtrex Hitachi eyes Rs 300-cr sales — Plans manufacturing unit in Jammu
    IF the Koreans can do it, can the Japanese be far behind? After buying out its joint venture partner in Amtrex Hitachi Appliances Ltd (AHA) in India, the Japanese major has worked out clear strategies to capture the growing Indian market, ... More

    PEOPLE


    Murthy, Nilekani are `Asia's Businessmen'
    FORTUNE has named Infosys' top duo, Mr N.R. Narayana Murthy and Mr Nandan Nilekani, as Asia's Businessmen of the Year 2003. They are the first Indians to receive the award, the sixth in the series, and are also the first awardees to share it, ... More
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    Top Stories
    Moody's upgrade — Uplifts the mood but raises questions


    India Inc worried over weak demand: FICCI survey

    Transgenics for four crops developed in AP

    `Market rewards performing cos' — Mr Raamdeo Agrawal, Joint MD, Motilal Oswal Securities

    Incentives for rural operations — BSNL package awaits Finance Ministry nod

    In Focus
    Kelkar Report
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    2002: A drought year
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Feb. 2-Feb. 8
    October-December quarter performance — Happy tidings on earnings front

    Ranbaxy launches generic version of anti-AIDS drug

    `We are going ahead with expansion' — Mr Rakesh Govil, Head, Corporate Strategy and Treasury, Moser Baer

    Cairn Energy strikes oil, gas in Rajasthan

    RPG group likely to hive off some cos — To concentrate on core competence areas

    Adjustment of exchange differences — ICAI revises accounting standards

    Cos can prepay FCCBs from local borrowings


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