Financial Daily from THE HINDU group of publications
Friday, June 13, 2003
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Financial Daily from THE HINDU group of publications Friday, June 13, 2003 |
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CORPORATE ACCIDENTS Fire at Ranbaxy's Mohali plant; 2 killed THE fire at Ranbaxy's bulk drug facility in Mohali, Punjab, is unlikely to upset the company's apple-cart in global markets, particularly the US, where it has been marking impressive sales, according to pharma industry analysts. "Production ... More ANNOUNCEMENTS Britannia board meets after Alagh's sack THE directors of Britannia Industries held a marathon board meeting today to discuss the financial performance of the company during the year ended March 31, 2003. At the time of going to press, the directors were still closeted at Neville ... More
Transport Corpn to pay 18 pc OVERSEAS BORROWINGS Nicholas Piramal raises $10 m through ECB NICHOLAS Piramal India Ltd has raised $10 million through an external commercial borrowing (ECB) arranged by Rabo India Finance and placed with Rabobank International, Singapore. "The proceeds of the issue would be used to replace high-cost ... More AWARDS & HONOURS Rane arm bags award from German co RANE Engine Valves Ltd, part of the Chennai-based Rane group, has received the `Best Supplier Award' from Deutz AG, one of the oldest engine manufacturers in Germany. The award is in recognition of Rane Engine Valve's product and service support ... More
SICA honour for Lakshmi Mills MD COURTS/LEGAL ISSUES HC declines interim order in J&N case THE Calcutta High Court today declined to grant instalment or pass any interim order on the issue of payment of provident fund dues by Jenson and Nicholson (I) Ltd. J&N had not paid PF for last many years— both contribution of employer ... More
HC restrains recovery of dues from SWC debtors ENVIRONMENT 
Pollution solutionSmoke from industrial units within the city limits clouds the sky over Hyderabad. According to the Andhra Pradesh Pollution Control Board, various regulations to control pollution from industrial units have led to improvement in the situation. ... More HUMAN RESOURCES `Corporates appraising recruitment agencies' According to sources, large organisations such as HDFC Bank, ICICI Bank, Coco-Cola and Wipro have started appraising recruitment agencies in the last few months. The IT companies started doing this in 1998-99. More RESTRUCTURING L&T board may spike ICRA plan for cement unit THE plethora of valuations of Larsen & Toubro Ltd's cement division may be irrelevant as few on the board of the company are likely to agree to the proposals brought to the table by Grasim Industries, strategic partnership aspirant CDC Capital ... More MERGERS & ACQUISITIONS Bajoria sells holding in Bombay Dyeing MR Arun Bajoria, the jute baron, who had forced the Securities and Exchange Board of India (SEBI) to rewrite the takeover code in 2001 through a creeping acquisition move on Bombay Dyeing, told Business Line on Thursday that he and his ... More
AP Govt sells its stake in Voltas to Tata Sons
Madras HC clears Calac merger with Aurobindo NEW PROJECTS LG Electronics to invest Rs 500 cr in new facility The idea of setting up the new facility was to make it an export hub as it was closer to Mumbai port. The company is targeting exports to the tune of $30 million by the first year of operations. More ALLIANCES & JOINT VENTURES Controls & Switchgear in pact with Spanish co CONTROLS & Switchgear Company Ltd, the flagship company of the Controls & Switchgear group, engaged in design, manufacture and installation of complete systems and components for power generation, distribution, control and protection, has entered ... More OUTLOOK Rockwool to tap construction sector ROCKWOOL (India) Ltd, the Hyderabad-based company controlled by the Mauritius-based Alghanim Industries, which is into the manufacture of rockwool products catering to the thermal insulation industry, has chalked out a new strategy to capture the ... More
Hertz targets Rs 100-cr turnover in 3 years
Agro Tech to focus on ricebran oil
CAS may change CNBC revenue mix PERFORMANCE SAIL results impressive, but areas of concern persist THE audited results of Steel Authority of India Ltd (SAIL) for 2002-03, apart from showing a remarkable overall improvement, pinpoint the areas that should engage close attention of the top brass. As widely expected, the `navratna' PSU ... More
Alufluoride back in black — Gets assurance from Coromandel on supplies PEOPLE TRENDS `Cos falling a prey to Winner's Curse' ILLOGICAL estimates and inflated promises mixed with aggression present a sure-fire recipe for disaster, especially for a business. The lure of overnight growth is so strong for some companies that they throw logic out of the window while ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus SARS scare The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collection NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Jun. 1-Jun. 7 Changes in Act for action against `vanishing cos' The black, red tally of 217 cos GM India rolls out Chevrolet Optra |
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