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Monday, November 29, 2004

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CORPORATE

CORPORATE DISPUTES
Reliance Energy board to take up resignations `this week'
RELIANCE Energy Ltd's board will meet over the next few days to consider the resignations of six directors, the company said on Sunday. "The meeting should take place within the next three or four days," a senior REL official said. The ... More

FIXED DEPOSITS
Stricter norms for cos raising public deposits on cards
COMPANIES may soon have to disclose the purpose and utilisation of funds raised by way of public deposits in their balance sheet. Such a requirement is likely to be proposed by the Ministry for Company Affairs, which is working out a strategy ... More

NEW PROJECTS
PVR Cinemas to raise Rs 150 cr for expansion
PVR Cinemas plans to raise about Rs 150 crore early next year in the second round of funding and float an IPO later to finance its expansion programme. PVR Cinemas Managing Director, Mr Ajjay Bijli, told Business Line that the funds ... More

INTERVIEW
`Optimal use of resources must for a co's survival'
DO you know how much that inconclusive inter-departmental head meeting that your company held cost it? Do companies have an idea of just how much it costs them to have a supplier's bill passed from the accounting department? What are the hidden ... More

OUTLOOK
GEB agrees to pay Rs 84-cr dues to ONGC
ONGC has finally made headway in recovering its dues from six State public sector undertakings and one municipal body in Gujarat. The dues have accumulated on account of supply of natural gas between 1982 and 1987 when gas marketing was directly ... More

Samsung to improve efficiency of supply chain management
WHILE the introduction of value-added tax (VAT) in the country is still in the offing, Samsung, like other corporates, is strategising about the changes it would have to make in its supply chain management to take maximum advantage of the new ... More

Nava Bharat Ferro sees drop in turnover after fire mishap
NAVA Bharat Ferro Alloys Ltd, the Hyderabad-based ferro alloys, power and sugar producer that suffered a fire accident at its ferro alloys unit in Orissa on Friday, expects a drop in turnover during the furnace down time and also short-term cash ... More


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GEB agrees to pay Rs 84-cr dues to ONGC


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