Financial Daily from THE HINDU group of publications
Thursday, October 30, 2003
Markets (Oct. 29)
BL 2501643.46 (+8.82)
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  • Indian Rayon delisting

    COURTS/LEGAL ISSUES

    Calcutta HC rejects Shaw Wallace plea to modify order
    A DIVISION Bench of the Calcutta High Court comprising Mr Justice D.K. Seth and Mr Justice R.N. Sinha declined to modify the order of the Trial Court passed on September 18, 2003, on an appeal filed by Shaw Wallace & Co Ltd(SWC). The Union of ... More

    ALLIANCES & JOINT VENTURES

    Keltron in pact with CDAC to produce UPS
    THE Kerala State Electronics Development Corporation Ltd (Keltron) has entered into an agreement with the Centre for Development of Advanced Computing (CDAC) for the manufacture of a new range of uninterrupted power supply systems (UPS). As ... More

    OUTLOOK

    Same Deutz-Fahr sees breakeven by December '04
    We expect to sell 10,000-15,000 tractors annually and export similar numbers in 4-5 years. More

    PERFORMANCE

    ITC: Improved performance in challenging environment
    THE expected revival in rural demand is still to work itself into the financial performance of consumer goods companies. This is also evident from the performance of ITC for the second quarter ended September 30, 2003. Cigarette revenue growth ... More

    Tata Motors: Booming business, lower costs boost performance
    THE second quarter performance of Tata Motors is a testimony to how a prudent cost control programme can add an extra layer or two to the profit during a good period for of business. The company's profit at the operating level during the ... More

    PEOPLE

    E&Y picks Ratan Tata for entrepreneurship award
    THE Chairman of the Tata group of companies, Mr Ratan N. Tata, has been named the `Ernst & Young Entrepreneur of the Year 2003' for having "achieved a makeover of far-reaching dimensions". Mr Tata will represent India at the Ernst & Young World ... More

    Dheeraj Hinduja is Ashok Leyland Vice-Chairman
    MR Dheeraj G. Hinduja, son of Mr Gopichand Hinduja, and a Director of Ashok Leyland, has been elected as the Vice-Chairman of the company. In his vision statement, Mr Hinduja promised "an unprecedented focus on exports". He also said that the ... More

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