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CORPORATE
TRADE & LABOUR UNIONS:
Ashok Leyland, labour union in unique understanding
No pay cut for off-days; to work longer hours later. Chennai, Nov. 8 Workers will not lose wages and will compensate the company when demand picks up once again. This is the arrangement that Ashok Leyland’s workers have entered into with ...
FINANCIAL PERFORMANCE:
Market buoyancy helps phosphatic fertiliser makers to have a good H1
Nitrogenous fertiliser makers fail to benefit. Chennai, Nov. 8 Buoyed by market demand and prompt subsidy disbursements by the Government, manufacturers of phosphatic fertilisers have had a good first half in the current ...
ALLIANCES & JOINT VENTURES:
AVT Natural in supply pact with US firm Kemin
Kochi, Nov. 8 AVT Natural Products Ltd, the world’s leading producer of marigold oleoresin, has entered into a critical global strategic and exclusive supply-purchase pact with the Iowa-based Kemin Industries Inc, creator of FloraGLO, ...
OVERSEAS INVESTMENTS:
Narayana Hrudayalaya to expand overseas
Hyderabad, Nov. 8 It is ‘overseas calling’ for the Bangalore-based, Narayana Hrudayalaya Group of Hospitals. Its expertise in providing low-cost, hitech, affordable healthcare, especially in heart ailments successfully ...
NEW PROJECTS:
Simbhaoli Sugars commissions new distillery
New Delhi, Nov. 8 Simbhaoli Sugars Ltd (SSL) has announced completion of its new distillery with a capacity of 60 kilo litres per day (KLD) of ...
FINANCIAL PERFORMANCE:
How money flows
Besides the balance-sheet and profit and loss account, the statement of cash flows is also a key disclosure forming part of a company’s annual report. It is a summary of receipts and payments disclosing the movement of cash during ...
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