Financial Daily from THE HINDU group of publications
Tuesday, February 26, 2002
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Financial Daily from THE HINDU group of publications Tuesday, February 26, 2002 |
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CORPORATE ANNOUNCEMENTS ITC ready to export rice in a big way THE international business division of the ITC is willing to take up rice exports on a large scale if the Food Corporation of India (FCI) agrees to waive the one per cent market cess on paddy, as it is proving to be uneconomical, Mr S. Sivakumar, ... More
HP launches IT lab in India
Ranbaxy gets marketing rights for Nifedipine
Strike at Toyota plant banned
PREFERENTIAL ALLOTMENTS DCA seeks details about Hutchison equity pattern The department's attention has been drawn to the fact that despite sticking to the 49 per cent FDI cap in telecom, the Hong Kong-based company has managed to acquire management control indirectly through a "complex financial engineering exercise''. More CORPORATE DISPUTES Malaysian company suit against Incab shareholder LEADER Universal Holding Berhad , a Malaysian company claiming to be the chief promoter of Incab Industries Ltd (Incab), has filed a suit against Mr S.P. Arya, a shareholder of Incab, asking for a mandatory injunction. The injunction has been ... More RESTRUCTURING Taib Bank set to exit Mindteck Increasing focus on high-ended embedded systems applications and Web-services businesses would help Mindteck shore up its net margins six months down the line, Mr Sumit Ganguli said. More
MERGERS & ACQUISITIONS Parent seeks nod to raise stake in Nestle India NESTLE India Ltd has informed the Bombay Stock Exchange that Nestle SA Group, Switzerland is seeking approval of the Government to acquire up to 10 per cent of the equity shares from the other shareholders of the company as and by way of creeping ... More ALLIANCES & JOINT VENTURES EVENTS Prabhu stresses need to conserve energy THE Minister for Power, Mr Suresh Prabhu, has said that there is an urgent need to take up major programmes for conserving energy to meet the country's growing demand for electricity. Speaking at the launching of the Indian Industry Programme ... More DIVERSIFICATION CESC strategy gets top `bill'ing CESC, the first company to have distributed electricity in India on a utility basis, 100 years ago, is planning to diversify — not into an associated line of business but into a radically new area such as event management. Matters are ... More OUTLOOK 
HDFC hopeful of doubling business in GulfTHE Housing Development Finance Corporation (HDFC) is looking at doubling its business in the Gulf this year in view of the growth potential offered by its expanding NRI customer base in the Gulf states, said Mr Deepak Parekh, Chairman, ... More
Godrej & Boyce bets on security equipment -- Turnover seen doubling in 4 years PERFORMANCE Fleet-footed, they overtake slowdown THE current economic slowdown may be a reality, but not all companies are teary-eyed. Some have proved they could outperform the economy. But success has come through different routes. For Grundfos Pumps India for example, success came riding ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 17-Feb. 23 Sponsored ADR/GDR programme to be liberalised -- Cos may get nod to divest in unlisted arms abroad DCA tightens norms on loans to directors Board meetings may go hi-tech HP in pact to help AP bridge digital divide |
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