Financial Daily from THE HINDU group of publications
Thursday, February 28, 2002
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Financial Daily from THE HINDU group of publications Thursday, February 28, 2002 |
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CORPORATE ANNOUNCEMENTS TN Salt Corporation to expand its reach, increase production TAMILNADU Salt Corporation Ltd is set to register its highest turnover and gross profit this year in its 30 years of existence. The company, which manufactures industrial and edible salt in crystal form, is also planning to expand its market ... More
Changes in Pritish Nandy management
COURTS/LEGAL ISSUES HC rejects plea against ITC amalgamation A DIVISION Bench of the Calcutta High Court dismissed the application of Mr Tamal Majumder, a shareholder of ITC Ltd, opposing the amalgamation of the company with ITC Bhadrachalam Paper Boards Ltd. Mr Majumder filed a suit in the High Court ... More CORPORATE BONDS AP Transco appoints bond issue managers TRANSMISSION Corporation of Andhra Pradesh Ltd (APTransco) has appointed UTI Bank, Kolkata, and Smifs Capital Market Ltd as arrangers for its proposed bond issue which is to hit the market on March 1 for mobilising Rs 297.39 crore. The proposed ... More RESTRUCTURING Restructuring exercise -- Jones Lang LaSalle to advise Advani Hotels ADVANI Hotels and Resorts India Ltd (AHRIL), formerly known as Ramada Hotels India Ltd, has retained hotel investment services group Jones Lang LaSalle Hotels as an advisor in its restructuring exercise. The company, listed on the Bombay ... More MERGERS & ACQUISITIONS All of Modern Foods on HLL plate -- Transfer of 26 pc stake at Rs 11,489.56 per share THE Union Government has decided to sell its residual stake of 26 per cent in Modern Food Industries Ltd (MFIL) to the strategic partner, Hindustan Lever Ltd (HLL), at Rs 11,489.56 per share, in the first case of a full-fledged privatisation of a ... More
Ranbaxy divests stake in Specialty to promoters NEW PROJECTS HCL Insys shareholders clear capital expansion The authorised capital has been increased in order to facilitate funding such opportunities, HCL Insys said in a statement. More REGULATORY BODIES & RULINGS RoC notice to 2.5 lakh cos REGISTRARS of companies (RoCs) have issued notices to more than 2.54 lakh companies for their failure to send audited annual reports to shareholders. Companies are required to hold annual general meetings regularly and send audited reports to ... More ALLIANCES & JOINT VENTURES Iffco-Tokio ties up with KSFC BANGALORE: General insurer Iffco-Tokio General Insurance has tied up with State-owned term lender Karnataka State Finance Corporation (KSFC) to distribute insurance products to industrial enterprises in the State. All KSFC clients would ... More EVENTS Biotech meet in Bangalore on March 7 A ONE-DAY biotechnology meeting to highlight the growth potential of the sector will be held here on March 7. The meet will map the unique competitive advantage of the biotechnology industry which has the prospects of strong strategic ... 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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