Financial Daily from THE HINDU group of publications
Thursday, January 17, 2002
Markets (Jan. 16)
BL 2501001.29 (+3.46)
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Dollar (Buy/Sell)48.24/48.37
Gold Std (10gm)4760 (+35)

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CORPORATE

NEW PRODUCTS & SERVICES


Tata Engg unveils Indica sedan
TATA Engineering and Locomotive Company Ltd (Tata Engineering) today unveiled the sedan version of the Indica at the ongoing 6th Auto Expo 2002. The car was unveiled by Mr. Ratan Tata, Chairman, Tata Engineering, at a function specially ... More

Bajaj rolls out Baghira
BAJAJ Tempo Ltd on Wednesday unveiled the newly-styled `Baghira', its first premium segment utility vehicle, introduced on the platform of the earlier `Tempo Trax'. The Baghira sports a Mercedes engine, a Mercedes gear box, Mercedes axles and ... More

MERGERS & ACQUISITIONS


vMoksha buys two US cos
VMOKSHA, the e-business transformation company, has announced the acquisition of two US-based companies - San Jose-based Challenger Systems and Cupertino-based Xmedia Inc - for a total of $4.1 million. Projected revenues for 2000-01 are $9.5 ... More

IOC seeks HPL control to take 26 pc stake
INDIAN Oil Corporation Ltd will pick up 26 per cent stake in Haldia Petrochemicals Ltd (HPL) only if it is vested with management control of the project, according to Mr Ram Naik, Union Minister for Petroleum & Natural Gas. Mr Naik told ... More

A.V. Birla moots options to settle MRPL issue
THE A.V. Birla group has suggested two options to the Government to sort out its differences over control of Mangalore Refineries and Petrochemicals Ltd (MRPL) one of which involves hiking the equity of the Birla group to over 50 per ... More

NEW PROJECTS


Shaw Wallace brews more to feed TN market
Shaw Wallace, with its flagship brand Haywards 5000, is the second largest player in Tamil Nadu. It trails behind Mohan Breweries & Distilleries. More

REGULATORY BODIES & RULINGS


Fewer cos registered in November
NOVEMBER 2001 saw a drop in the number of companies registered under the Companies Act, 1956, compared to November 2000. During the month under review, 1,520 companies were registered under the Act as against 1,998 companies registered during ... More

TRADE & LABOUR UNIONS


Toyota Kirloskar workers go on indefinite strike
TOYOTA Kirloskar Motors (TKM) has entered yet another bad patch, with the employees launching an indefinite strike following the termination of the services of two union leaders. Although the union had given a notice to go on strike from ... More

ALLIANCES & JOINT VENTURES


BPL Telecom strikes deal with Ericsson
BPL Telecom on Wednesday announced a partnership with Ericsson to distribute its range of enterprise products in India. Ericsson will provide the technology, while BPL will systems integration, distribution and sales, said Mr Henrik Christensen, ... More

BONUS ANNOUNCEMENTS


ISO 9001 for NMDC centre
HYDERABAD: The research and development centre of National Mineral Development Corporation Ltd has been awarded the ISO 9001-2000 certification by RvC, the Dutch Council for Accreditation. The R & D centre has expertise for product and ... More

OUTLOOK


TVS mulls hybrid 3-wheeler
TVS Motor Co Ltd may consider entering hybrid three-wheelers segment, for which it will begin product trials after September, according to Mr Venu Srinivasan, Chairman and Managing Director. A possible entry into the conventional petrol-driven ... More

PERFORMANCE


  • TNEB stops power supply to SIV Ind

    ANNOUNCEMENTS


    MICO puts investment plans on backburner
    MOTOR Industries Company Ltd (MICO), a subsidiary of the German major Bosch, has postponed investment plans for the production of two advanced engine components used in new generation passenger cars. The company had been planning to invest ... More

    Hyundai may launch 1.1-litre Santro soon
    HYUNDAI Motor India Ltd is contemplating launching a 1.1-litre version of the Santro sometime this year to replace the existing 1.0-litre Tall Boy, top company officials said on Wednesday. "Within this year, we are looking at a 1.1-litre ... More

    LML thrust on variomatic scooters
    SCOOTER major LML Ltd is giving a major thrust to non-geared scooters by planning to launch three new variomatic scooters by the year-end, company officials said on Wednesday. `Cleo', `Clipper' and `Infinity' would add to the only variomatic ... More

  • CWC pays dividend
    Scoreboard
    SE Diary
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
  • Top Stories
    TN may privatise sugar co-operatives


    Shaw Wallace brews more to feed TN market

    Maruti second stage sell-off deferred

    Corporatise to give banks bigger say in decision-making: Reddy

    Banks may `lose interest' in cos

    BPL Mobile launches GPRS services

    Earthquake anniversary -- Gujarat launches media offensive

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Jan. 6-Jan. 12
    Nilekani crowned Infosys CEO -- Narayana Murthy is `Chief Mentor'


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