![]() Financial Daily from THE HINDU group of publications Monday, February 18, 2002 |
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CORPORATE ANNOUNCEMENTS Gesco board clears plan to bid for SCI stake GREAT Eastern Shipping Company Ltd (Gesco) has decided to file an Expression of Interest (EoI) for acquiring 51 per cent of the Government's stake in Shipping Corporation of India (SCI), which is being put up for privatisation through strategic ... More ENVIRONMENT Eco-friendly scheme for pharma units THE Indian Drug Manufacturers' Association and the United States Asia Environment Partnership (USAEP) have initiated a programme to "explore clean technology applications and eco-friendly management practices'' for the domestic pharmaceutical ... More RESTRUCTURING Govt to consider Rs 500-cr facelift for Hind Copper A MAJOR financial restructuring package for Hindustan Copper Ltd will be considered by the Union Cabinet shortly with the aim of dressing up the ailing company and making it attractive for private suitors. "The financial restructuring package ... More CORPORATE GOVERNANCE Directors' powers: Many questions unanswered Apart from the directors to whom no remuneration may be paid without the approval of shareholders, even the officers of the company will have to treat this amount as income in their hands and pay tax. More OVERSEAS INVESTMENTS Sponsored ADR/GDR programme to be liberalised -- Cos may get nod to divest in unlisted arms abroad THE Government is set to announce its decision to liberalise the sponsored ADR/GDR programme by allowing Indian corporates to divest their equity holdings abroad in their unlisted subsidiaries in the forthcoming Budget for 2002-03. According ... More REGULATORY BODIES & RULINGS Bid to plug loopholes in fund transfers THE Department of Company Affairs (DCA) is examining various aspects to plug the loopholes relating to transfer of funds among group companies. The department has set up a five-member committee to recommend steps to check such abuse by ... More INTERVIEW
Finolex Cables stays connectedThe main reason our business was not affected is that we started focussing on rural markets. If HLL can be the number one, selling Lifebuoy in rural markets, there is no reason why anybody else can't do good business in the same markets. 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 Feb. 10-Feb. 16 ChrysCapital buys 5 pc stake in NIIT -- Seeks FIPB nod for 10 pc more Schreiber to acquire 11 pc Britannia stake in Dynamix Open offers up despite fewer M&A deals Rashtriya Chem eyes 74% stake in SAIL unit RBI approves ADR/GDR re-issue VSNL enters Tata family Pechiney may bid for Nalco control Paradeep sold for Rs 151.7 cr TVS signs Sachin as brand ambassador |
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