Financial Daily from THE HINDU group of publications
Wednesday, December 24, 2003
Markets (Dec. 23)
BL 2501999.20 (-15.62)
BSE Sensex5564.33 (-13.63)
S&P CNX Nifty1780.30 (-8.85)
US Dollar (Buy/Sell)45.53/45.67
Gold Std (10 gm)6110

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Ranbaxy set to defend UK arm against price-fixing charge
The recent price-fixing allegations came close on the heels of the boardroom shake-up that Ranbaxy witnessed on Monday, when its CEO and Managing Director, Mr D.S. Brar, announced his decision to step down. More

Hind Latex in pact with Chinese healthcare co
PUBLIC sector contraceptives major Hindustan Latex has entered into a memorandum of understanding with Zizhu Pharma Beijing, a Government of China undertaking, for introducing new generation contraceptives and healthcare products in India. A ... More

  • Wockhardt granted marketing rights for antibacterial drug
  • Tandav Films making debut
  • USFDA nod for Ranbaxy anti-infective


    Buy-back of equity/preference shares — ICSI releases guidance note to deal with inherent intricacies
    The guidance note, however, does not deal with buy-back of debentures or any other kind of security. It is a process whereby a company purchases its own shares or other specified securities from the holders thereof for improving the earnings per shar e (EPS), or to improve return on capital or return on net worth and to enhance the long-term shareholder value, among other things. More

    Amalgamated Bean Coffee to buy back American International's 30 pc stake
    AMALGAMATED Bean Coffee Trading Company Ltd (ABCTCL) is in the process of buying back the 30 per cent strategic stake that the private equity player American International Group (AIG) had picked up in the coffee major in 2002, Mr V.G. Siddhartha, ... More


    To streamline disciplinary mechanism — 3 separate Bills introduced for professional institutes
    THE Government has gone a step closer towards overhauling the disciplinary procedures governing the members of the three professional institutes — the Institute of Chartered Accountants of India (ICAI), Institute of Cost & Works Accountants ... More


    BIFR okays Tata Steel's takeover of Indian Steel
    THE much-awaited takeover of Indian Steel and Wire Products Ltd (ISWPL) by Tata Steel has come through. The Board for Industrial and Financial Reconstruction (BIFR) has accepted Tata Steel's proposal for takeover of Indian Steel on ... More


    Jindal Thermal power project hits roadblock
    THE Jindal group's move to locate its power plant near Mangalore has come a cropper faced with the Karnataka Government's reservations. Highly placed sources said that the State Government has declined to enter into an agreement with Jindal ... More


    `Happy days for shipping will continue till 2005'
    IT is champagne time for the Indian shipping industry. As bullish trends are sweeping through every segment of the freight market, from the tanker and bulk carrier to the liner trade, shipping companies are raking in profits like never before and ... More


    H&R Johnson targets Rs 600-cr turnover
    RAHEJA Group company H&R Johnson (India) Ltd has targeted a turnover of Rs 600 crore during the fiscal 2005-06. During the year ending March 31, 2004, the company hopes to achieve a turnover of Rs 450 crore, up from Rs 416 crore achieved in ... More
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    Mid-Term Monetary and Credit Policy for the year 2003-2004

    Pick a Winner Stock Market Contest

    Top Stories
    Ranbaxy set to defend UK arm against price-fixing charge

    Outsourcing to offshoring, it is advantage India

    Many mid-cap stocks tumble on talk of shift to trade-to-trade

    VSNL launches `Total Internet'

    Big players exit PC finance biz

    Core sector growth at 5.2 pc in Nov

    Dual citizenship for PIOs may be launched on Jan 9

    In Focus
    Budget Wish-list
    Stocks: Dizzying Heights
    Steel Industry in 2003
    Outsourcing backlash
    Stamp paper scam
    Housing finance scenario
    Insurance Round-up — 2003
    Organic farming
    The Cable tangle
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Rising intolerance
    (The Hindu)
    Vaishnavaite Temples in Tamil Nadu
    (The Hindu)
    Saivite Temples in Tamil Nadu
    (The Hindu)

    In Depth
    Insurance Corner
    Swati CA
    Simple Economics
    Tax Talk
    NRIs & Investment Avenues
    Iraq Diary

    Looking back
    Dec. 14-Dec. 20
    Inter-unit transfer of imported raw materials allowed

    Idea slashes roaming rates by 50 pc in South

    SEBI panel moots curbs on stock split

    Balrampur Chini sugar complex gets under way

    Zee Tele scripts new HR initiative — Subash Chandra has one-to-one meetings with staff

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