PREFERENTIAL ALLOTMENTS

AWARDS & HONOURS

HUMAN RESOURCES

MERGERS & ACQUISITIONS
Crisil to pick up 12.1 pc stake in NCDEX
Crisil Ltd has said it will pick up stake in the ICICI promoted-National Commodities Exchange Ltd (NCDEX). "Crisil will pick up 12.1 per cent of the equity share capital of NCDEX and the amount of investment will involve around Rs 2.662 crore," ... More

ETC, Econnect okay share exchange ratio
ETC Networks Ltd and Econnect India Ltd (EIL) have approved the share exchange ratio of three shares of EIL for one share of ETC. However, to rationalise the resultant share capital of EIL (merged entity), its share capital will be reorganised ... More

SICK UNITS
They suffer no end for VRS money
IT is precisely seven years since Neelkanth Ganesh Jadhav began his wait. The 58-year-old has survived the maze of various courts, pinched pennies and sacrificed his daughters' future because his employer - - Carona Ltd - - has not paid ... More

PERFORMANCE
Dividends fail to keep pace with rising profits
CALL it Corporate India's circumspection or penchant for holding on to cash flows, interim dividends declared do not appear to be factoring in the growth momentum or the all-round optimism about the economy. For instance, Elgi Equipments has ... More

Toyota vehicle sales rise 62 per cent in 2003; Camry exceeds target
TOYOTA Kirloskar Motor has posted a 62 per cent increase in sales during 2003 to end the year with 40,500 units. The Corolla, the best-selling car of Toyota worldwide that was launched in India in February, ended the year with sales of 8,020 ... More

Tata Steel domestic sales up 7 pc in April-December
TATA Steel made a record production of 3.17 million tonnes and 3.05 million tonnes of crude and saleable steel respectively during the period April to December 2003-04, marking a growth of 6 per cent over the corresponding period of the last ... More