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Wednesday, July 21, 2004

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What Priyamvada's will says
ADDING a fresh twist to the entire will episode, one of the three attesting witnesses to the last will and testament of Priyamvada Birla, widow of late M.P. Birla, Mr P.L. Agarwal today petitioned the Calcutta High Court stating that he was not ... More

Birla Corp board meet passes off smoothly
CONTRARY to the expectations, the Tuesday's board meeting of Birla Corporation Ltd, the flagship of the M.P. Birla Group, passed off smoothly and in a cordial atmosphere. The meeting was chaired by Mr R.S. Lodha, co-chairman of the company. ... More

Drama outside Birla Corp board room
IT was a throwback to the famous spat between ITC and BAT, complete with the shoving, shouting and even fisticuffs; and, attempts to avoid the media in a plush hotel. The Birla Corporation board meeting, which drew hordes of media personnel, ... More

Experts feel `unjust' removal of auditors can be challenged
COMPANY law experts are of the view that removal of a statutory external auditor who has just been re-appointed (at a properly constituted AGM), through a specially called extraordinary general meeting subsequently, though permissible under the ... More

No decision on EPF rate; next meeting on Aug 9
THE Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) on Tuesday deferred, for the third time in succession, a decision on the interest payable to provident fund subscribers for 2004-05. The CBT is now slated ... More

Pure juices, dairy beverages may be exempt from pesticide norms
In what seems to be a move to protect farmers' interests, the Government plans to keep milk-based beverages and pure fruit and vegetable juices out of the purview of the stringent pesticide residual norms fixed in the aftermath of last year's ... More

ONGC asks Centre to refund Rs 2,690 cr
OIL and Natural Gas Corporation Ltd (ONGC) has asked the Centre to refund Rs 2,690 crore, its share of cooking gas and kerosene subsidies, that it was asked to bear along with oil refining and marketing companies in 2003-04. The subsidy burden ... More

Delhi, Mumbai airports modernisation — Reliance, L&T, Videocon among 10 bidders
THE Government's proposed modernisation and restructuring programme for the Delhi and Mumbai airports received a shot in the arm with 10 parties, including Reliance Airport Developers, DLF, Essel, L&T, GVK, D.S. Construction Ltd and Videocon, ... More

Colas may become dearer — Coke, Pepsi likely to revise pricing strategy
COLAS may become expensive once again. Two years after Coca-Cola and Pepsi slashed prices to drive up volumes, the two companies are contemplating an about turn, which could mean an increase of up to Rs 2 per bottle of cola. Both companies are ... More

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