Business Daily from THE HINDU group of publications
Tuesday, April 07, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, April 07, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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CORPORATE DISPUTES: Groupe Danone to sell its stake in Britannia to Wadias Sale of the 25.48% stake to be finalised on April 14. Bangalore, April 6 Groupe Danone and the Wadias are expected to end their long standing dispute with the French foods’ major set to fully exit their biscuit joint venture company, ... OUTLOOK: JSW Steel looking for cheaper coking coal New Delhi, April 6 JSW Steel is negotiating hard for cheaper coking coal prices for this financial ... CORPORATE GOVERNANCE: ICAI begins scanning books of cos seeing director resignations Eye on ‘intention’ behind quitting; to seek more powers for auditors. Mumbai, April 6 The Institute of Chartered Accountants of India (ICAI) has initiated the process of scrutinising the accounts of companies that have seen an exodus ... RESTRUCTURING: GoAir CEO leaves; airline plans top-level restructuring Mumbai/New Delhi, April 6 The Wadia Group-owned low-cost carrier GoAir has gone in for restructuring at the top ... ANNOUNCEMENTS: Gemini Comm to demerge biz Gemini Communications Ltd plans to demerge its system integration business comprising enterprise convergence group, wireless and telecom and 4S divisions to a separate company. It will retain the technical services division to the telecom ... RESTRUCTURING: Gangotri Textiles hopes debt recast plan will put it back on the road to recovery Coimbatore, April 6 The Coimbatore-based Gangotri Textiles Ltd (GTL) is confident that the corporate debt restructuring (CDR) plan it has worked out with its bankers will put it on a road to recovery. The company’s optimism stems from ... AUDITING: Auditors see legal hitch in sharing qualified financial statements with SEBI New Delhi, April 6 The CFSA suggestion of asking statutory auditors of listed companies to submit financial statements containing audit qualifications with the SEBI may hit ... CORPORATE GOVERNANCE: 3 more Satyam employees arrested Hyderabad, April 6 The 14th Additional Chief Metropolitan Court, the designated court for CBI cases, has remanded Mr G. Ramakrishna, Vice-President (Finance) of Satyam Computer Services, and two others to judicial custody till ... PERFORMANCE: Midhani logs record turnover at Rs 306 cr Hyderabad, April 6 Mishra Dhatu Nigam Ltd (Midhani) has achieved a record turnover of Rs 306 crore in the financial year ended March 31, 2009 compared with Rs 255 crore in the ... OVERSEAS INVESTMENTS: M&M’s tractor joint venture in China inaugurated Mumbai, April 6 Mahindra Yueda Yancheng Tractor Company, the joint venture between Mahindra & Mahindra and China-based Yueda Group, was inaugurated in ... ANNOUNCEMENTS: PTC cuts fund raising target to Rs 500 cr New Delhi, April 6 PTC India Ltd said on Monday that its board has cleared a proposal to cut the company’s fundraising target by more than half to Rs 500 crore and raise the money through a share ...
ANNOUNCEMENTS:
Motorola unveils handset for Rs 1,099
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