![]() Financial Daily from THE HINDU group of publications Tuesday, September 30, 2003 |
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CORPORATE ANNOUNCEMENTS Dunlop hopes to make PF disbursement soon THE management of Dunlop India Ltd (DIL) expects to begin soon disbursement of provident fund to its erstwhile employees or their families with the head office union of the company allowing it to release some statutory records from Dunlop House , ... More
PRIVATE PLACEMENT Glenmark board okays promoter stake dilution THE board of directors of Glenmark Pharmaceuticals Ltd has approved the conversion of debentures issued to CDC Financial Services (Mauritius) Ltd and South Asia Regional Fund into equity shares at a price of Rs 305.42 per share (The scrip closed ... More OPEN OFFERS Open offer for Devaki Hospital THE nephrology team at the Chennai-based Devaki Hospital has made an open offer for 40 per cent of the equity in an attempt to gain management control. The offer is at a price of Rs 11 for each share. The team controls 10.21 per cent of ... More MERGERS & ACQUISITIONS
ONGC to buy Cairn's stake in 2 oil, gas blocks for $100 mOIL and Natural Gas Corporation (ONGC) is set to acquire Scottish exploration company Cairn Energy Plc's stake in two oil and gas blocks in Bay of Bengal and Gujarat offshore for around $100 million. As part of the deal, Cairn will get a 15 per ... More ALLIANCES & JOINT VENTURES SBI inks pact with Apollo Hospitals STATE Bank of India (SBI) has entered into separate agreements with the Apollo Hospitals to extend loan assistance for hospital treatment. Addressing a press conference here today after signing a pact with the Apollo Hospitals Enterprise Ltd, ... More SICK UNITS SPIC turns sick, referred to BIFR SOUTHERN Petrochemical Industries Corporation (SPIC) has been referred to the Board for Industrial and Financial Reconstruction (BIFR), consequent to an erosion of the company's net worth to less than 50 per cent of its highest net worth in the ... More OUTLOOK Tanishq targets Rs 800-cr biz in three years BANKING on the Indian woman's penchant for gold jewellery, Tanishq is targeting to double its turnover in the next three years to Rs 800 crore. After three continuous years of posting losses, the company has turned around during last ... 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 Focus Cola Controversy The Cable tangle Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Sep. 21-Sep. 27 Ranbaxy to invest Rs 120 cr in AP research facility Hindalco buys second Australian mine Shell offers 15% stake to GAIL in Egypt project ONGC set to acquire HPCL stake in Mangalore Refinery SAIL sees upswing in fortunes, eyes export market |
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