The Hindu Business Line : Sunday, March 06, 2005

Chidambaram allays fears over new depreciation rates
THE Finance Minister, Mr P. Chidambaram, has rejected industry's demand for a re-look at the proposed depreciation rates, stating that the new rates would not be to its detriment. "There is nothing to fear about depreciation. We are satisfied ... More

CORPORATE GOVERNANCE

Directorate soon to deal with penal cases of co secretaries
The directorate is to take a prima facie view on complaints received about professional misconduct and forward cases with its report to a disciplinary committee for consideration. More

STANDARDS & BENCHMARKS

Gujarat NRE's FCCB issue

SICK UNITS

NTC looking to sell mills' lands to clear debts
THE National Textile Corporation is looking to sell its mills' lands for as high a price it can manage to retire outstanding debts of Rs 1,891 crore. According to Mr Shankarsinh Vaghela, Union Minister of Textiles, the liabilities had been ... More

OUTLOOK

Capacity expansion plan of HNL — Hind Paper engages Finland co to prepare feasibility report
THE State-owned Hindustan Paper Corporation (HPC) has engaged Jaako Poyry of Finland to prepare a techno-economic feasibility report for the proposed expansion plan of its wholly owned Kerala-based subsidiary Hindustan Newsprint Ltd (HNL). HPC ... More

TTK Prestige betting big on modular kitchens
TTK Prestige Ltd, the Bangalore-based kitchen appliances company, is eyeing 30 per cent growth this year to touch Rs 180-crore mark. Growth is expected to come from the revamped product portfolio — the company has launched 150 new stock ... More

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