|
|
CORPORATE
CORPORATE GOVERNANCE:
Satyam’s ex-CFO: Auditors did not point out any deficiencies
Accounts manipulated for seven years, confesses Ramalinga Raju. * I feel the Fixed Deposits (FDs), as claimed by the company are unreal and ...
CORPORATE GOVERNANCE:
Satyam to scout for new CEO, CFO from within or outside
Hyderabad, Jan. 12 A new CEO & CFO, either from within or outside, independent audit firm in next 48 hours, a merger option and delay in Q3 results beyond January 30 deadline were the broad takeaways from the first statements of ...
COURTS/LEGAL ISSUES:
RIL may be allowed to sell gas to third parties
Court may modify interim order. The Division Bench of the Bombay High Court said on Monday that it could modify the injunction that prevents Reliance Industries from selling gas to third ...
ACCOUNTING STANDARDS:
ICAI plans to tighten rules on auditors’ tenure
Calls for compulsory verification of cash & bank balances above a certain threshold. Mumbai, Jan. 12 Shaken by the alleged “inaction” of Satyam Computer’s auditor Price Waterhouse, the Institute of Chartered Accountants of ...
OUTLOOK:
Bajaj redrafts bike strategy, to launch XCD 135 on Jan 21
2 more ‘middle-of-the-market’ bikes to be rolled out. Mumbai, Jan. 12 Bajaj Auto is putting in place an aggressive strategy for motorcycles which will kick off with the launch of the XCD 135 on January 21. The bike will cost ...
CORPORATE BONDS:
More banks set to tap bond market to raise capital
Falling yields see many Tier-II, debt issues. Mumbai, Jan. 12 With the easing of yields and the likelihood of a further fall, there has been a flurry of Tier-II and perpetual debt issuances by banks to raise capital. Most banks will be required ...
ANNOUNCEMENTS:
Rajasthan crude similar to Indonesian varieties, says Cairn
New Delhi, Jan. 12 Cairn India Ltd on Monday indicated that specifications of its crude to be produced from Rajasthan fields are similar to that of Indonesian crude ...
MERGERS & ACQUISITIONS:
ONGC Videsh to pay Imperial shareholders today
Likely to pick up stake in Kazakh oil field. New Delhi, Jan. 12 ONGC Videsh Ltd, the overseas investment arm of ONGC, is set to pay the shareholders of Imperial Energy Corporation Plc, who have accepted OVL’s open offer, on ...
NEW PROJECTS:
HCC to build Rs 40,000-cr ‘water front city’ in Gujarat
Mumbai, Jan 12 Hindustan Construction Company has signed a memorandum of understanding with the Gujarat Government to develop a ‘Water Front City’ at Dholera with an investment of Rs ...
ACCOUNTING STANDARDS:
Satyam effect: ICAI decides on deterrent action against CA firms
New Delhi, Jan. 12 Chartered accountancy firms will have their names published on ICAI’s web site if any punishment meted out to their partners or members extends beyond five ...
OUTLOOK:
Tiroda project: Adani Power renegotiates equipment cost
Riding on commodity price meltdown. Kolkata, Jan. 12In an effort to take advantage of the meltdown in commodity prices, Adani Power Ltd (APL) seems to have renegotiated the cost of critical equipment with the Chinese contractor for its super ...
OUTLOOK:
Gas production from KG fields expected by Feb-end: RIL
New Delhi, Jan. 12 Reliance Industries Ltd (RIL) expects to start the trial production of gas from its Krishna-Godavari (KG) basin fields by ...
OUTLOOK:
IOC expects gross refining margin at $4-5 a barrel
Indian Oil Corporation Ltd (IOC) expects its gross refining margin for the current quarter ending March 31 to be at $4-$5 a barrel. This was stated by Mr S.V. Narasimhan, Director (Finance) IOC, at the sidelines of ...
ANNOUNCEMENTS:
DLF repays loans of about Rs 1,000 cr
New Delhi, Jan. 12 Real estate company DLF Ltd is learnt to have repaid loans to the tune of nearly Rs 1,000 crore during December, to various banks. It has also raised close to Rs 1,750 crore from a clutch of banks including PNB and SBI, ...
ALLIANCES & JOINT VENTURES:
Maxcor Lifescience in pact with Micell
Bangalore, Jan. 12 The newly formed subsidiary of Opto Circuits (I) Ltd’s (OCI), Maxcor Lifescience Inc has entered into a strategic cooperation agreement with the Micell Technologies, in developing and marketing Rapamycin ...
Columnists:
•
C Gopinath
•
Harish Bijoor
•
Ramanujam Sridhar
•
Radhika Chada
•
K Srikrishna
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds