Financial Daily from THE HINDU group of publications
Saturday, May 04, 2002
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Financial Daily from THE HINDU group of publications Saturday, May 04, 2002 |
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CORPORATE ANNOUNCEMENTS KPMG abandons talks with Andersen KPMG, a leading professional services firm, on Friday announced that the discussions for combining Andersen's operation in India have been abandoned. A statement issued by KPMG said that a decision has now been taken against a ``comprehensive ... More
NHPC firms up Rs 4,000 cr for greenfield units
Daimler launches training programme
PREFERENTIAL ALLOTMENTS Ambica Agarbathies promoters to hike stake via pref issue THE promoters of Ambica Agarbathies & Aroma Industries Ltd (AAAIL), the Eluru-based agarbathies manufacturer, have decided to consolidate their holding in the company through preferential allotment route. Apart from the promoters, a couple of ... More RESTRUCTURING Lever Johnson to be demerged into 2 entities HINDUSTAN Lever Ltd and SC Johnson & Son Inc, US, have decided to demerge their joint venture, Lever Johnson (Consumer Products) Pvt Ltd, into two entities. In the process of demerger, the disinfectants division of the joint venture will be ... More
Daewoo India to seek financial restructuring MERGERS & ACQUISITIONS Andersen partners to move court against mergers JUST as Arthur Andersen was beginning to believe that things couldn't possibly get worse, they have: A group of its former partners are moving to ask a US federal court to block the various merger deals that it is currently negotiating on the ... More
BILT has no plans for newsprint production
CORPORATE GOVERNANCE DCA framework for corporate governance THE Department of Company Affairs (DCA) has started deliberations on developing a comprehensive framework to ensure and promote good corporate governance. The Secretary, Department of Company Affairs (DCA), Mr Vinod Dhall, held a meeting with ... More NEW PROJECTS Times group launches `Radio Mirchi' ENTERTAINMENT Network India Ltd (ENIL), a wholly-owned subsidiary of Bennett Coleman and Company, has launched its FM channel, Radio Mirchi in Pune city. The company is now gearing up to make the FM channel available in Delhi, Kolkata and ... More
GSK Consumer's plant to begin production in Q3
ALLIANCES & JOINT VENTURES 
Andersen partners join Ernst & Young -- Business consulting kept outERNST & Young (E&Y) has become the largest professional services firm in the country, with the Andersen partners here announcing on Friday that they are joining E&Y. Mr Kashi N. Memani, Chairman of E&Y's India operations, will be the Chairman ... More
OUTLOOK HCL Insys upbeat on notebook market AT HCL Infosystems' Noida office, the Marketing Chief, Mr Jyotin Verma, flaunts the new Toshiba Portege 2000 notebook around. ``This is the world's thinnest laptop,'' he exclaims as colleagues gather to see the product, priced at an over Rs ... More
Satyam to strengthen geographical reach PERFORMANCE 
Cement sector output crosses 100-mt markLARGE cement plants in the country together produced 102.4 million tonnes of cement in 2001-2002, which is 9.39 per cent higher than the previous financial year (93.61 mt). Production during March 2002 crossed the 10-million tonne mark, the ... More
LML sales dip in April
RSP employees told to buck up PEOPLE 
M.S. Oberoi dies at 103THE father figure of the Indian hotel industry and Chairman, Oberoi Group, Rai Bahadur M.S. Oberoi, passed away on Friday at the age of 103. Born in a village in the erstwhile-undivided Punjab, now in Pakistan, Mr Oberoi started his career in ... More
The Grand pays quiet condolence NEW PRODUCTS & SERVICES Maruti launches new Alto variant MARUTI Udyog Ltd on Friday said it was launching a new variant of the Alto's base version by fitting it with power steering. The Alto LXi will be priced at Rs 3.19 lakh ex-showroom Delhi, according to a company statement. "Our research shows ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Apr. 21-Apr. 27 Dipping mining sector fortunes forced Atlas Copco's hands? Dabhol: GE won't budge on surety Satyam Q4 net up 3.42% -- Co sees 18-20 pc growth this fiscal HDFC Standard does Rs 1,266-cr business |
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