The Hindu Business Line : Tuesday, May 07, 2002

JK Ind to extend accounting period by 6 months
J.K. Industries Ltd (JKI) has decided to extend its accounting year by another six months. This time around, the company will close its books for a 18-month period ended September 30, 2002. The decision to change the financial year (accounting ... More

BHEL bags Rs 267-cr Oman order

CORPORATE GOVERNANCE

`Good leadership is key to corporate governance'
GOOD leadership and belief in simple rules contribute greatly for the development of corporate governance, Mr N.R. Narayana Murthy, Chairman and Chief Mentor of Infosys Technologies, said. Delivering the sixth commemorative FedBank Hormis ... More

NEW PROJECTS

Loctite to set up technology centre
LOCTITE India Pvt Ltd, the wholly-owned subsidiary of the Dusseldorf-based adhesive major Loctite Corporation, a Henkel group company, is planning to set up a technical centre in Bangalore. The company plans to showcase its products and ... More

Fiat software centre in Bangalore soon
FIAT India is likely to set up a software development centre in India to source software for its global needs, head of research for Fiat India, Dr Franco Bonello, said. Declining to detail a timeframe for such an initiative Dr Bonello said ... More

Toyota Kirloskar Auto to set up EoU; seeks FIPB nod
TOYOTA Kirloskar Auto Parts Private Ltd (TKAPPL) has filed an application with the Foreign Investment Promotion Board (FIPB) seeking permission for setting up a 100 per cent export-oriented unit (EoU) near Bangalore at an estimated investment of ... More

TN Petro goes on expansion drive
TAMILNADU Petroproducts Ltd will invest Rs 120 crore in expansion as the outlook has brightened for all the three of its businesses — LAB, ECH and caustic soda. The expansion project, expected to be completed in about a year, will ... More

ALLIANCES & JOINT VENTURES

Citrix alliance with SAP extended
BANGALORE: Citrix Systems has announced that is global business alliance with SAP has been extended to India. As part of this extension, the subsidiaries of both companies i.e., Citrix Systems India and SAP India will jointly market the ... More

INTERVIEW

Radio Today tuning in for action
"Radio Today has licences for three cities - Mumbai, Delhi and Kolkata. The Mumbai launch would be followed by launches in Delhi and Kolkata, in that order." More

SICK UNITS

NGEF all set to close down
After failing to find takers for its third sell-off bid in July last, it has fixed May 10 as the last day for employees opting for voluntary retirement scheme (VRS) under Karnataka's special PSU package. More

OUTLOOK

Patton hopes to bolster exports with new plant
THE city-based Patton Ltd has made an investment of Rs 20 crore to set up additional facilities for the manufacture of certain types of electrical fittings. The facility was inaugurated last week by Mr Buddhadeb Bhattacharjee, the State Chief ... More

PEOPLE

New GE Medical CEO

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Centre unveils relief package for coffee

Do fresh jobs mean IT sector is seeing first signs of recovery?

2 more co-op banks to be superseded

IRDA clears plan for motor insurance hike

Maharashtra probing all co-operative banks

Cotton firm unveils new contract farming model

In Depth
Inside Kashmir

Guide to derivatives