Financial Daily from THE HINDU group of publications
Friday, February 18, 2005
Financial Daily from THE HINDU group of publications Friday, February 18, 2005 |
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CORPORATE ANNOUNCEMENTS RINL cuts exports to boost domestic sales RASHTRIYA Ispat Nigam Ltd (the Visakhapatnam steel plant) has increased its domestic sales considerably and cut down on its exports during the current financial year, in tune with Government policy, the Chairman and Managing Director, Mr Y. Siva ... More
Delphi-TVS to pump in Rs 500 crore to make diesel engine components
Paramount Comm bags Rlys deal CORPORATE DISPUTES CLB declines order on Birla sisters' plea against Lodha THE Company Law Board (Eastern Region) has refused to pass any order on the petition filed by the two sisters of M.P. Birla, namely, Ms Radha Mohta and Ms Laxmibai Newar, seeking an injunction restraining Mr R.S. Lodha from rectifying the shares ... More AWARDS & HONOURS Fellowship for Tata Steel official NEW DELHI: The Adviser to the Managing Director, Tata Steel, Dr Amit Chatterjee, has been conferred the Fellowship of Imperial College, London recently. A statement issued on Thursday said that this fellowship is the highest honour ... More AUDITING Remove barriers on foreign accounting firms: IFAC THE International Federation of Accountants (IFAC), a global organisation for the accountancy profession, has decided to press for the removal of all barriers for establishment of foreign professional accountancy firms in India. However, the ... More COURTS/LEGAL ISSUES Novartis' case may spark patent vs patient debate THE death-knell may have been rung for Exclusive Marketing Rights (EMR) when the patent regime came into effect, in January 2005. But the ghosts of the past, it seems, can be exorcised only after the Patents (Amendment) Ordinance 2005 gets ... More MERGERS & ACQUISITIONS HC nod for Pharmacia merger with Pfizer THE final seal of approval on the merger between Pfizer Ltd and Pharmacia Healthcare Ltd has been received with the Bombay High Court approving the scheme of amalgamation between the two companies. The court approval came through its order ... More CORPORATE GOVERNANCE `India Inc needs to do more on corporate governance front' THOUGH there have been positive efforts by India Inc to improve corporate governance practices, substantive progress needs to be made in several key areas such as selection of independent directors, financial literacy of audit committee members, ... More
Indian Liberal Group convention at Mangalore NEW PROJECTS National Instruments to set up new facility in Bangalore MEASUREMENT and automation company National Instruments said on Thursday that it will set up a new facility in Bangalore. It also expects the Indian operations to grow at a rate faster than any of its subsidiaries worldwide. National ... More
Rabo India loan for DSCL
Dwarikesh Sugar expansion plan ALLIANCES & JOINT VENTURES 
Raymonds to form Rs 180-cr jt venture with Italian firm — Another Rs 100-cr initivative plannedRAYMOND Ltd on Thursday announced two major initiatives entailing a total investment of Rs 280 crore aimed at strengthening its position in the textile sector. These initiatives include a joint venture with an Italian company for manufacture ... More
Strides ties up with US co RIGHTS ISSUE Sirpur Paper rights issue HYDERABAD: Sirpur Paper Mills Ltd (SPML) has decided to come out with a rights issue of four ordinary shares for every five ordinary shares held by the shareholders at a price of Rs 90 per share, including a premium of Rs 80 per share. ... More BONUS ANNOUNCEMENTS Vijay Textiles to consider bonus HYDERABAD: Vijay Textiles Ltd, which is focussing on developing its own retail chain of outlets for marketing furnishing and upholstery range of textile products, is considering issue of bonus shares. The board is meeting on February ... More OUTLOOK TVS Motor to decide on plant in north India soon TVS Motor Company is likely to take a decision on the location of its plant in north India at its forthcoming board meeting on February 24, it is learnt. According to sources, the company is looking at two States — Uttaranchal and ... More
SAIL to see 9 pc growth in domestic sales at 9.6 mt
Overseas buyer in talks for tsunami-hit Hyundai cars
Pratt & Whitney eyeing Indian aviation industry ECONOMIC OFFENCES Mardia Chem case referred to fraud investigation office THE Ministry of Company Affairs has referred the Mardia Chemicals case to the Serious Fraud Investigation Office. According to sources, "There are allegations of diversion of funds against the company. Besides, the company has not been ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Feb. 6-Feb. 12 Big ticket M&A deals slated for 2005 Draft concept rules propose strict norms for company names Hundred movies in one DVD? IVRCL plans Rs 145-cr public issue `Payments' to Govt officials — Panel probing Xerox Modi to meet this month-end |
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