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Friday, October 03, 2003

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GHCL delisting
NEW DELHI: The shareholders of Gujarat Heavy Chemicals Ltd (GHCL) have approved the voluntary delisting of the company's equity shares from the Delhi and Calcutta Stock Exchanges. GHCL said in a release to the stock exchange, Mumbai that ... More

ACCOUNTING STANDARDS


ICSI guidance note on code of conduct for company secys
PROFESSIONALS across the world have been put under the scanner in recent times over incidents of accounting mismanagement. In an effort to ensure that company secretaries are not subjected to such public scrutiny the Institute of Company ... More

PREFERENTIAL ALLOTMENTS


MosChip plans to raise $2.3 m via pref offer
MOSCHIP Semiconductor Technology Ltd, the Hyderabad-based fabless semiconductor solutions provider, has drawn up plans to raise about $2-3 million through a preferential offer, details of which are yet to be worked out. The Chief Financial ... More

AWARDS & HONOURS


  • Garware Polyester bags export award

    MERGERS & ACQUISITIONS


    Schreiber to acquire 49% stake in Dynamix Dairy?
    SCHREIBER Foods, the world's largest privately held cheese company, is said to be in talks with Dynamix Dairy Industries Ltd (DDIL) for acquiring a 49 per cent stake in the latter. The $2-billion US-based cheese major already holds a 19 per ... More

    NEW PROJECTS


    Tata Ryerson firms up plans for new facility
    INDUSTRIAL materials management services provider Tata Ryerson Ltd, a 50:50 joint venture of Tata Steel and Ryerson-Tull of the US, has firmed up plans to set up a processing facility in Faridabad at a cost of Rs 15 crore. The setting up of the ... More

    ALLIANCES & JOINT VENTURES


    Jaipurias set to reenter ice-cream market — Licence pact with French major Candia
    THE harsh Indian summer, coupled with other business considerations, may have forced multinational ice-cream companies such as Blue Bunny and Movenpick (currently in the Nestle fold) to pack up and close shop in the domestic market. But the ... More

    NMC Group is HDFC's service associate in UAE
    HDFC, which is looking at doubling the NRI segment of its business, has appointed the NMC Group as its first service associate in the UAE, in a bid to reach a wider section of the large NRI population in Abu Dhabi and other emirates. Mr Deepak ... More

    SICK UNITS


    Debt restructuring programme — Duncans Ind waiting for SBI clearance of reference paper
    A turnaround of Duncans depends largely on the debt restructuring programme. More

    OUTLOOK


    Natco bullish on AP port project
    THE decision of Chennai port to stop handling iron ore cargo effective 2005 has given a new impetus to Krishnapatnam Port Company Ltd (KPCL), the company promoted by Natco Pharma Ltd (NPL). The NPL management informed its shareholders that a ... More

    PERFORMANCE


    Bhilai plant's steel exports cross Rs 320 cr
    EXPORTS of Bhilai Steel Plant (BSP) belonging to Steel Authority of India Ltd (SAIL) have already crossed the Rs 320-crore mark and is expected to be in the range of Rs 530 crore by the end of the current financial year. According to a press ... More
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    In Focus
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    Oil PSUs: Disinvestment dilemma
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    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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