The Hindu Business Line : Saturday, March 26, 2005

Vanishing cos: SEBI issues notices to merchant bankers
THE Securities and Exchange Board of India has issued show-cause notices to merchant bankers that had handled the public issues of companies that have subsequently vanished after raising money. This action of the capital market regulator ... More

IT firms vie to offer VAT software
WITH the State Governments and their respective commercial taxes departments taking to VAT-related technology infrastructure, it is now the turn of IT service providers to target companies and traders with customised software packages. Not just ... More

Now, Wipro's `baby' gets Maharashtra FDA's notice
THE misbranding of `baby' oil issue took on a more serious overtone as the Maharashtra Food and Drug Administration (FDA) sent a notice to one more company, Wipro, regarding the composition of its baby oil. Wipro Consumer Care & Lighting, the ... More

Embraer, SAAB shortlisted for IAF's early warning system
AIRCRAFT manufacturing giants Embraer of Brazil and SAAB of Sweden are among the companies shortlisted for the purchase of an aircraft to integrate the indigenous airborne early warning and control system (AWACS) being developed by Indian ... More

For Lucent, India is outstanding
TELECOM gear maker Lucent Technologies is keen to leverage the Indian technology skill sets even as it evaluates building newer products. The company has more than doubled its headcount in India to about 1,300 over the last one year as it ... More

Wal-Marts, JC Penneys making orders bigger
TWO months into the textile quota phase-out, Indian textile suppliers are emerging with a significant presence on the sourcing plan of major retailers in the US and the European Union for the next couple of years. Wal-Mart, the world's biggest ... More

Sugar mills in UP begin paying cane arrears
UTTAR PRADESH sugar mills have begun paying their accumulated arrears of about Rs 517 crore, which is essentially the difference between the sugarcane prices fixed by the Centre's Statutory Minimum Price (SMP) and the State Government's ... More