Financial Daily from THE HINDU group of publications
Friday, April 19, 2002
| Markets (April 18) | ||||||||||||
|
Financial Daily from THE HINDU group of publications Friday, April 19, 2002 |
|
||||||||||||||
|
|
|||||||||||||||
|
CORPORATE ANNOUNCEMENTS SAIL trims limestone production STEEL Authority of India Ltd (SAIL) has stopped production at some of its limestone quarries and scaled down output at some others, opting instead to recycle the slag produced at its plants, and develop new mines. Company sources said that due ... More
Ma Foi scouting for strategic investor
ACCOUNTING STANDARDS Consolidated financial statements -- Need to fix the duplication bug THERE is scope to rationalise the provisions which stipulate presentation by the parent companies of consolidated financial statements (CFS), starting from financial year 2001-02. The prime need is to avoid duplication. This is the assessment ... More
Govt doubts over adequacy of cap on non-audit fees
ICAI asked to revamp norms OPEN OFFERS Zydus offers Rs 300 for German Remedies share ZYDUS Cadila is to make an open offer to the minority shareholders of German Remedies Ltd at a price of Rs 300 per share. The board of directors of Cadila Healthcare Ltd (Zydus Cadila) made the decision which could lead to the delisting of ... More AUDITING ICAI auditing panel to draft guidance notes THE Institute of Chartered Accountants of India (ICAI) has mandated its auditing practices committee to work out industry-specific guidance notes for audit of accounts of various industries. For starters, six industries have been selected -- ... More CORPORATE GOVERNANCE SEBI chief for rating of corporate governance IN an effort to improve corporate governance standards, the SEBI Chairman, Mr G.N. Bajpai, on Thursday suggested rating of `corporate governance practices' in companies. Addressing a seminar on Corporate Governance organised by the Assocham, Mr ... More ALLIANCES & JOINT VENTURES Apollo clinic in Saudi Arabia APOLLO Health and Lifestyle Ltd, (AHLL) a fully-owned subsidiary of Apollo Hospitals Enterprises Ltd, has tied up with Al Rajhi Banking Group of Saudi Arabia to set up Apollo Clinic in Saudi Arabia. The first of these clinics will be in Al ... More BONUS ANNOUNCEMENTS Marico moots 1:1 bonus THE Marico Industries board has recommended a bonus issue of shares in the ratio of 1:1. For the year ended March 31, 2002, the FMCG company has reported a nine per cent increase in net profit at Rs 50.1 crore (Rs 45.8 crore). The board has ... More SICK UNITS Govt to wind up Mysore Cosmetics THE Karnataka Government has decided to wind up the loss-making Mysore Cosmetics Ltd. The decision was taken at the Cabinet meeting held here today, according to the Minister for Information and Publicity, Mr M Sivanna. Addressing a press ... More OUTLOOK Vesuvius focus on new product-mix EVEN as the Vesuvius Group of the UK goes through a process of consolidation in line with the opportunities and challenges that exist in the world markets, its Indian subsidiary, Vesuvius India Ltd, has identified opportunities in the manufacture ... More PERFORMANCE Keltec becomes debt-free company THE State-owned Kerala Hitech Industries Ltd (Keltec), which has been struggling under huge liabilities since inception, has finally become a debt-free company. It has fully paid the principal debt amount of Rs 27.56 crore to banks and ... More
Ford unveils progress report
LG first-quarter sales up 26 pc
NMDC posts Rs 320-cr PBT PEOPLE BSES board to meet again to decide on CMD choice THE board of directors of BSES would meet on April 25 to finalise the road-map for selecting the Chairman and Managing Director of the company. The board has already met twice and the third meeting would lay down concrete steps and also decide ... More
NEW PRODUCTS & SERVICES 
Shanta Bio launches new drug for cancerFIVE years after launching a cost-effective recombinant Hepatitis B vaccine, Shanta Biotechnics, has brought to the market its second product — Shanferon — a human interferon alpha to help cancer patients. Announcing its launch today ... More
Dr Reddy's new anti-allergy drug hits market Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Apr. 7-Apr. 13 Manu Chhabria dead Norms for dividends sans depreciation under study Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised Infy forecasts growth of 18-22 pc in 2002-03 `A Coke IPO will sizzle the capital market' Ranbaxy UK arm a problem child? MRPL may go into Reliance fold -- Birlas, HPCL in talks to shed part of stake |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home | Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
