The Hindu Business Line : Sunday, September 15, 2002

Pepsi Foods may opt for process outsourcing
PEPSI Foods Ltd is gradually moving towards process outsourcing and a floating price model for its agri-business ventures in the country. This was stated by Mr Abhiram Seth, Executive Director (Exports) of Pepsi Foos Ltd, here on Friday at the ... More

RESTRUCTURING

Tata group may exit a few businesses — Focus on core business
THE Tata group is likely to exit a few businesses within the next five years or so, according to Mr R. Gopalakrishnan, Tata Sons Executive Director. Addressing a press meet here on Saturday, he said the Tatas had exited many businesses in the ... More

Saregama plans saving thru renegotiation
SAREGAMA India Ltd (SIL), the entertainment company in the RPG-fold, is eyeing a saving of between Rs 12 crore and Rs 15 crore through renegotiation of acquisition cost of music. Top SIL sources said within this fiscal a saving of Rs 7 crore ... More

MERGERS & ACQUISITIONS

Tatas to increase stake in group cos
AS a step towards consolidation of their shareholding in the group companies, the Tatas will continue to increase their stake in these organisations from the present average level of 30 per cent. Mr R. Gopalakrishnan, Executive Director of Tata ... More

Vasavi to take over Andhra Prabha
VASAVI Communications Ltd, a Kakinada-based company, has entered into a memorandum of understanding (MoU) with the Express Publications (Madurai) Ltd (known as the Express Group) for the takeover of two Telugu publications - Andhra Prabha ... More

ECONOMIC OFFENCES

`Fewer corporate frauds in India'
CASES of corporate fraud were fewer in India due to better corporate governance, according to Mr B. Muthuraman, Managing Director, Tata Iron and Steel Company. Participating in a press meet, after a session on `Growing Leaders' on the final day ... More

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