The Hindu Business Line : Monday, January 21, 2002

E-mail through local phone service
A SMALL Ahmedabad-based company has brought out a product that allows one to access and send e-mails and voice messages, bypassing both the computer as well as direct access of the Internet. It says it has more than 10,000 subscribers across the ... More

Post-connection services -- Maptech is VSNL agent for Chennai
VIDESH Sanchar Nigam Ltd has appointed the Chennai-based Maptech Infosoft (P) Ltd as its authorised agent to service its users in the Chennai circle on `post-Internet connection related problems'. For the first time in the country, and as a pilot ... More

Pull up socks, Ratan tells Tata members
AS a New Year message, it is atypical. But echoing a tone he struck in an earlier annual report of Tata Engineering, Mr Ratan Tata, Chairman, Tata Group, has outlined a demanding 2002 in his New Year co-mmunique to members of the Rs 41,300-crore ... More

Eonour bags 2 Hyundai orders

Interim dividend: ICICI board to meet on Jan 24

PRIVATE PLACEMENT

Private placement norms: Will market regulator have a relook?
WITH the sharp rise in the stock prices in the last two months, preferential and private placements of equity have gained momentum. There are over 20 companies that have either planned or made allotment of shares during this period through these ... More

PREFERENTIAL ALLOTMENTS

Odyssey Tech preferential issue
CHENNAI: The board of the Chennai-based Odyssey Technologies has decided to allot shares and warrants to promoters and others on a preferential basis. A stock exchange notice says that the company will allot 24 lakh equity shares of Rs ... More

ACCOUNTANCY

ICSI elects new President, V-P

MEDICAL INSTITUTIONS & HOSPITALS

Kerala medical institute to be operational from Jan 23
KERALA Institute of Medical Sciences (KIMS), the first venture of Great India Health Care Management Ltd, will become operational from January 23. The hospital is promoted by Air Travel Enterprise Group. The Kerala State Industrial Development ... More

RESTRUCTURING

Hindustan Paper to trim workforce, upgrade quality
EXPECTING the domestic paper industry to continue to remain vulnerable to fluctuations in international prices and the inherent cyclicality of the industry, the State-owned Hindustan Paper Corporation (HPC) has initiated a process for sustaining ... More

MERGERS & ACQUISITIONS

Kaashyap Radiant to buy Shriram EPC units
THE Chennai-based Kaashyap Radiant Systems Ltd (KRSL) is to acquire the power, energy, technology and related software division of Shriram EPC Ltd, according to a stock exchange notice. Towards this, the company is to allot 75 lakh equity shares ... More

Protocol Tele's US buy in final stages
PROTOCOL Telecom Solutions (India) Private Ltd, a contact centre solutions provider, expects to complete the acquisition of a US-based boutique development lab by mid-February. "The acquisition process is nearly complete and we are awaiting ... More

INTERVIEW

Striving to Excel in Indian and foreign fields
`Excel has not looked at capital expenditure as the major way to grow. We have been able to employ versatile and more productive utilisation of assets. It is quite easy to get into a situation where you spend, borrow and then get saddled with a huge debt burden.' More

EVENTS

`Patent laws a hurdle for biotech R&D'
LACK of good patent laws is deterring US pharma majors from investing in Indian biotechnology R&D, according to Ms Susan Kling Finston, Assistant Vice-President, PhRMA. PhRMA (Pharmaceutical Research & Manufacturers of America) represents US ... More

STANDARDS & BENCHMARKS

ITC Bhadrachalam may get ISO 14001

OUTLOOK

Long distance may keep VSNL lines ringing
IN a future that bodes falling international telephony rates and unlimited competition entering on fairly easy terms, what is Videsh Sanchar Nigam Ltd (VSNL) looking forward to? Denied entry into basic telephony — which is very ... More

i-labs siblings bearing fruit
ABOUT half a dozen siblings of i-labs Ltd, a software products and technology incubator addressing niche e-business, telecommunications and life sciences space, have begun to blossom and bear fruit. i-labs Ltd, promoted and founded by Mr ... More

Enron: Will it re-define business-govt links
IT IS inevitable that the collapse of Enron should have created a series of aftershocks on the political and economic environment of the US. Senator Joseph Lieberman, Chairman of the US Senators' Government Affairs Committee, has been ... More

`Scope bright for K-G basin oil exploration'
THE Oil and Natural Gas Corporation (ONGC) is upbeat on the prospects of striking oil in the offshore area of the Krishna-Godavari (KG) basin. "We have established highly promising leads for oil in the deep waters, and are confident of ... More

Loctite India hopes to double turnover
LOCTITE India Private Ltd (LIPL), a manufacturer and supplier of adhesives and sealants that find application in both industrial and household markets, hopes to double its turnover from the current level of about Rs 30 crore over the next three ... More

HP India eyeing upmarket areas
HEWLETT-PACKARD India is eyeing upmarket areas in the small and medium enterprise segment with its customised solution including the recently launched financial support services. The Country Manager, Commercial Business, H-P India, Mr Rajkumar ... More

PERFORMANCE

MMTC sales turnover up 40 pc
MMTC Ltd, the super star trading house, logged a sales turnover of Rs 5,482 crore in the nine months of the current fiscal year, an increase of 40 per cent over the corresponding period of 2000. With the overall business milieu being bearish ... More

Scoreboard
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in

Kakinada port: A difficult transition

Foodgrains offtake surges by 55 per cent

Realty may get access to overseas borrowings

Railways shelves variable tariff plan for petro-products

TN to target specific IT sectors in new policy

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Jan. 13-Jan. 19
Shaw Wallace brews more to feed TN market