Financial Daily from THE HINDU group of publications
Monday, May 06, 2002
Financial Daily from THE HINDU group of publications Monday, May 06, 2002 |
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CORPORATE ANNOUNCEMENTS Dr Reddy's path-lab venture to make India regional hub EVEN as the Australia-based Gribbles Pathology Group looks to expand into the Asian and West Asian markets — its joint-venture company with Dr Reddy's Ltd (DRL) is looking to make India a stepping-stone to neighbouring regional ... More ACCOUNTING STANDARDS Panel on accounting norms to finalise view soon THE 12-member National Advisory Committee on Accounting Standards (Nacas) is expected to take a final view soon on the proposal of recommending, to the Centre, the notification of the Accounting Standards 1-23 issued by the Institute of Chartered ... More PREFERENTIAL ALLOTMENTS Wanted: Strict norms for pref warrants ISSUE of warrants on preferential basis to the promoters of companies and select investors should be curbed or regulated more closely, analysts feel. They feel that with no clear guidelines on the issue of warrants on preferential basis, this ... More CORPORATE GOVERNANCE Board-level appointments -- DCA to tighten norms for relatives of directors RELATIVES of directors may no longer find it easy to secure board-level posts. The Department of Company Affairs (DCA) proposes to further strengthen the norms pertaining to the appointment of relatives of directors on the board of a ... More NEW PROJECTS Pomsy sets up Rs 12-cr biscuit making unit THE Kerala based Pomsy Food Pvt Ltd, manufacturers of the Pomsy brand snack foods, has set up a modern biscuit manufacturing facility in Vavakkavu near Kollam at a cost of Rs 12 crore. The unit, one of the largest in South India and the largest ... More REGULATORY BODIES & RULINGS ONGC draws CAG flak on offshore vessels management THE Comptroller and Auditor General of India (CAG) has indicted Oil and Natural Gas Corporation Ltd (ONGC) for "inept" management of its offshore supply vessels (OSVs). (The OSVs are deployed for constant vigil to meet contingencies such as ... More INTERVIEW 
`Coates will leverage on Japanese link'"Since we straddle the print-publishing business in a big way, we need to be highly competitive in terms of both price and quality, especially in liquid inks, and this is where we are concentrating now." More RIGHTS ISSUES BILT panel meet to fix rights price A MEETING of a committee of directors of Ballarpur Industries Ltd (BILT) has been convened on May 7 for approving the final letter of offer for the proposed Rs 240.40 crore rights issue of the company. The committee is also expected to ... More OUTLOOK ONGC to work on 47 deep wells in 10th Plan IN the five-year period of the Tenth Plan (2002-07), ONGC has proposed to take up work on as many as 47 deep water oil and gas wells, with depths ranging between 400 metres and 2,500 metres. Talking to newspersons here on Friday, Mr Subir Raha, ... More NEW PRODUCTS & SERVICES 
Fiat India pins hopes on new Siena variants to break evenBUOYED by robust sales of the Palio, Fiat India has launched its refurbished-sedan new Fiat Siena and expects the new variants will help it report break-even in the current year. The company expects to achieve break-even at a volume of 50,000 ... 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. 28-May. 4 `Usha Intl making the most of China factor' DoT, FIs may oppose Batata-BPL merger IOC, Reliance, Nirma bid for IPCL stake Safeguards likely in SEBI's search & seizure powers Colour dot labels for cosmetics in, drugs out M.S. Oberoi dies at 103 Andersen partners join Ernst & Young -- Business consulting kept out Cement sector output crosses 100-mt mark |
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