Financial Daily from THE HINDU group of publications
Tuesday, January 22, 2002
Financial Daily from THE HINDU group of publications Tuesday, January 22, 2002 |
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CORPORATE ANNOUNCEMENTS NRI co set to storm 2-wheeler segment A NEW aspirant has appeared in the booming and highly competitive two-wheeler market in the form of Asta Motorcycles & Scooters India Ltd, which plans to take on the might of the two-wheeler giants by launching its vehicles in ... More
eFunds to assist Logica in RBI project BUYBACK No ABB plan for buyback ASEA Brown Boveri Ltd (ABB), which showed a rise in net profit through the first half of calendar 2001 and the third quarter, which followed, has no plans to go in for a share buyback or host any rise in the promoter's equity stake. ``We have ... More CORPORATE DISPUTES BSES places hurdles in DPC bidding process JUST as the bidding process for Dabhol Power Company (DPC) appeared to take off, BSES Ltd has raised objections to certain clauses in the confidentiality agreement. Refusing to specify the clauses, a top BSES official said: "Both Tata Power and ... More MANPOWER Ashok Leyland wage talks in a log-jam -- Likely to lay off 800 workers WAGE negotiations between the management of Ashok Leyland and its employees' union at the Ennore facility have hit a bottleneck. The union leaders went on a day's fast last week to assert their demand. Meanwhile, pending finalisation of the ... More
Dr Reddy's Labs announces VRS NEW PRODUCTS & SERVICES Cadila to launch Fosinopril CADILA Pharmaceuticals Ltd (CPL) is preparing for a nation-wide launch of Fosinopril, its ACE inhibitor with compensatory dual route. Fovas, the cardio-vascular drug, launched in Ahmedabad this month, will be rolled out in the rest of the ... More NEW PROJECTS TiE to `touch' 10 more centres THE Indus Entrepreneurs (TiE), a network of IT professionals in the Silicon Valley, has decided to extend its ``caring touch'' by providing mentoring to ten more centres across the globe. At an interactive forum aimed at networking IT ... More REGULATORY BODIES & RULINGS DCA relaxes norms for differential voting rights IN a move that would expedite the issuance of more shares with differential rights as to dividend or voting in the corporate sector, the Union Government has relaxed the existing norms governing the issuance of such shares. The Department of ... More
DCA revises norms for managerial pay scales ALLIANCES & JOINT VENTURES Peerless, Iffco-Tokio FD plan PEERLESS General Finance & Investment Company Ltd, along with Iffco-Tokio General Insurance Company Ltd, has launched co-branded fixed deposit schemes. Mr S.K. Roy, Managing Director of Peerless, said during the launch that the fixed deposits ... More
Yokogawa pact INTERVIEW A fired-up Singareni Collieries looks at currency swap option SINGARENI Collieries Company Ltd, which had charted out strategies to beat the mounting debt burden by adopting a fiscal re-engineering approach, has emerged triumphant from the brink of financial disaster. The 110-year-old state-owned public ... More EVENTS ICWAI meet to ponder the imponderable It is felt that accounting education, as it is structured currently, is outdated and in need of modification to meet the changing expectations. Three broad reasons have been identified for the lack of confidence about its future. More OUTLOOK ONGC rethink on Hazira hexane unit OIL and Natural Gas Corporation Ltd (ONGC) is reconsidering its plans to produce food-grade hexane at its Hazira project. "We are currently reappraising this project. Industrial growth has suffered over the past one year and companies are ... 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 Jan. 13-Jan. 19 Stanchart in alliance with Dept of Posts Hind Motors pins hopes on new Amby variants Motorola, HP may strike deals with Reliance Comm Tatas, Hughes call off talks for basic merger Moser Baer posts Rs 62-cr net in Q3, expects revenues to double Shaw Wallace brews more to feed TN market |
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