Financial Daily from THE HINDU group of publications
Monday, February 18, 2002

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ANNOUNCEMENTS


Gesco board clears plan to bid for SCI stake
GREAT Eastern Shipping Company Ltd (Gesco) has decided to file an Expression of Interest (EoI) for acquiring 51 per cent of the Government's stake in Shipping Corporation of India (SCI), which is being put up for privatisation through strategic ... More

ENVIRONMENT


Eco-friendly scheme for pharma units
THE Indian Drug Manufacturers' Association and the United States Asia Environment Partnership (USAEP) have initiated a programme to "explore clean technology applications and eco-friendly management practices'' for the domestic pharmaceutical ... More

RESTRUCTURING


Govt to consider Rs 500-cr facelift for Hind Copper
A MAJOR financial restructuring package for Hindustan Copper Ltd will be considered by the Union Cabinet shortly with the aim of dressing up the ailing company and making it attractive for private suitors. "The financial restructuring package ... More

CORPORATE GOVERNANCE


Directors' powers: Many questions unanswered
Apart from the directors to whom no remuneration may be paid without the approval of shareholders, even the officers of the company will have to treat this amount as income in their hands and pay tax. More

OVERSEAS INVESTMENTS


Sponsored ADR/GDR programme to be liberalised -- Cos may get nod to divest in unlisted arms abroad
THE Government is set to announce its decision to liberalise the sponsored ADR/GDR programme by allowing Indian corporates to divest their equity holdings abroad in their unlisted subsidiaries in the forthcoming Budget for 2002-03. According ... More

REGULATORY BODIES & RULINGS


Bid to plug loopholes in fund transfers
THE Department of Company Affairs (DCA) is examining various aspects to plug the loopholes relating to transfer of funds among group companies. The department has set up a five-member committee to recommend steps to check such abuse by ... More

INTERVIEW


Finolex Cables stays connected
The main reason our business was not affected is that we started focussing on rural markets. If HLL can be the number one, selling Lifebuoy in rural markets, there is no reason why anybody else can't do good business in the same markets. More
Scoreboard
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in

Top Stories
Sponsored ADR/GDR programme to be liberalised -- Cos may get nod to divest in unlisted arms abroad


Bharti to peg ILD rates 50% cheaper than VSNL

IT clients becoming scale-sensitive now

Gold holds on to $300/oz

`Debt obligations may eat up 85 pc of India's GDP'

Kochi Refineries' SBM plan may leave port in dire straits

`Feel good' factor back on bourses

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Feb. 10-Feb. 16
ChrysCapital buys 5 pc stake in NIIT -- Seeks FIPB nod for 10 pc more

Schreiber to acquire 11 pc Britannia stake in Dynamix

Open offers up despite fewer M&A deals

Rashtriya Chem eyes 74% stake in SAIL unit

RBI approves ADR/GDR re-issue

VSNL enters Tata family

Pechiney may bid for Nalco control

Paradeep sold for Rs 151.7 cr

TVS signs Sachin as brand ambassador


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