Financial Daily from THE HINDU group of publications
Saturday, January 26, 2002
Financial Daily from THE HINDU group of publications Saturday, January 26, 2002 |
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CORPORATE ANNOUNCEMENTS LG: New AC models on cards LG Electronics India Ltd will unveil several new air-conditioner (AC) models this year, including a window AC that features plasma technology and a two tonne remotely-operated model. Mr Salil Kapoor, Product Group Head, Air-conditioners, LG ... More
Tetley may sell US label tea business
BPL Mobile revises tariff in Kerala
AES pulls out of Delhi power distribution race
Tariffs on pre-paid cards cut BUYBACK Parry Agro buyback gets shareholders' nod THE board of Parry Agro Industries Ltd, part of the Murugappa group, has decided to buy back 8.67 lakh shares representing 23.09 per cent of the equity share capital, according to information provided by the company to stock exchanges. This ... More
Sirpur Paper to buy back shares CORPORATE DISPUTES MSEB may pursue fraud argument too against DPC THE Maharashtra State Electricity Board (MSEB) may pursue the argument of fraud against Enron-promoted Dabhol Power Company (DPC) in the Mumbai High Court in addition to the misrepresentation charge, MSEB counsel told the Court on Friday. "We ... More RESTRUCTURING Apollo Hospitals gets nod for demerger move APOLLO Hospitals Enterprises Ltd has obtained the approval of its shareholders to demerge Apollo Mumbai Hospital Ltd from the parent company, at an extraordinary general meeting. According to a press release, the scheme for demerger now awaits ... More MERGERS & ACQUISITIONS Nicholas buys ICI's drug business for Rs 70 cr PHARMACEUTICAL major Nicholas Piramal India Ltd (NPIL) has acquired the pharmaceutical business of ICI (India) Ltd for Rs 70 crore in an all-cash deal, on a going concern basis. The amount includes Rs 14 crore towards acquiring net current ... More
Mallya's UB Beer stake may fall to 38 per cent CORPORATE GOVERNANCE Stress on good corporate governance practices THE Indian corporate sector must demonstrate harder evidence of their adherence to good corporate governance practices if they are to retain the confidence reposed on them by the financial community, according to Mr R. Ravimohan, Managing ... More NEW PROJECTS Groupe Danone to take fully-owned arm route FRENCH food multinational Groupe Danone has finalised its strategy for entering the Indian market on its own. According to the plan, the company will be investing Rs 150 crore in India over the next five years for manufacture and marketing of ... More
HLL to expand wheat project
Transworld to set up development centre
Hughes Escorts to form subsidiary REGULATORY BODIES & RULINGS Report to us first on tariff plans, says TRAI With competition in the cellular and basic services hotting up, the operators have been vying with each other to publicise the massive cuts in tariffs that they have been incorporating. However, in their hurry to get noticed, they have been ... More
Cloud of smoke over Zyban
Zyban: Factors that worry...
More PNB branches to accept DCA fees ALLIANCES & JOINT VENTURES HCL Insys pact with postal dept HCL Insys can now display and retail its products such as `Bean Stalk' PC s, Toshiba notebooks, Nokia cell phones and HCL InfiNet internet access packs through the post offices. More
Software for tracking vehicles -- Shapre Global MoU with Canadian co
DIVERSIFICATION Tata Coffee to grow vanilla, arecanut TATA Coffee Ltd is looking to diversify into vanilla and arecanut cultivation to buffer the company against plummeting international coffee prices. Till now, the company had been betting on pepper as an inter-crop on coffee plantations to ... More SICK UNITS Modern Foods told to submit revival plan MODERN Food Industries (I) Ltd (MFIL), the first PSU in which the disinvestment process was initiated by the BJP-led Government, has been directed by the Board for Industrial and Financial Reconstruction (BIFR) to submit an agreed rehabilitation ... More OUTLOOK Esab hopeful of two-fold rise in export income ESAB India Ltd may see export earnings double after production from the group's Thailand unit is shifted to the Kolkata welding factory, Mr Sanat Bhattacharyya, Managing Director, told Business Line. The £632.4-million Esab Group, which ... More
Samsung targeting Rs 1,520-cr sales
Bharti plans basic telephony in Karnataka soon PERFORMANCE Saregama to tone down on FM WITH a net loss staring it in the face, Saregama India Ltd (erstwhile Gramophone Company) has decided to substantially downsize its FM operations. Mr A. Mitra, SIL Managing Director, said that after spending nearly Rs 6 crore in expectation of ... More PEOPLE ACC reappoints Nambiar as MD ASSOCIATED Cement Companies Ltd (ACC) at its meeting held here today reappointed Mr. T.M M. Nambiar as Managing Director for a further period from June 1, 2002 to November 30, 2002, the BSE was informed on Friday. Mr. M.L. Narula, Wholetime ... More
Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Jan. 13-Jan. 19 Stanchart in alliance with Dept of Posts Hind Motors pins hopes on new Amby variants Motorola, HP may strike deals with Reliance Comm Tatas, Hughes call off talks for basic merger Moser Baer posts Rs 62-cr net in Q3, expects revenues to double Shaw Wallace brews more to feed TN market |
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