Financial Daily from THE HINDU group of publications
Monday, March 04, 2002
Financial Daily from THE HINDU group of publications Monday, March 04, 2002 |
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CORPORATE BUYBACK Jains to buy out Asia Online stake in India Domain INDIA Domain, a Hyderabad-based company engaged in e-business solutions covering a wide gamut of applications, has decided to buy back equity from Asia Online which had earlier acquired a majority stake in the company. Mr Prashant Jain, ... More MERGERS & ACQUISITIONS 
Reliance Ind, Petro boards fix merger swap at 1:11THE boards of directors of Reliance Industries Ltd (RIL) and Reliance Petroleum Ltd (RPL) today approved a scheme of amalgamation of the two companies at a swap ratio of one RIL share for every 11 RPL shares held. The merger is effective ... More
RIL shareholders to gain NEW PROJECTS Aptech to consolidate overseas operations -- Plans Rs 10-cr expansion INFOTECH training major Aptech Ltd is planning to consolidate and expand its overseas operations. The company, as part of its two-pronged strategy, has already established presence in 52 countries in seven different regions where it plans to ... More ALLIANCES & JOINT VENTURES Sea View forays into UK market THE Technopark-based Sea View Support Systems Ltd is foraying into the UK medical transcription market on the back of an agreement with DictaScribe Ltd based there. Sea View Support Systems, a member of Softex Group, is engaged in medical, ... More INTERVIEW 
Shri Shakti gets set for turnaround`Exemption of expenditure tax on room rents not exceeding Rs 3,000 will help us a lot. Secondly, as against the earlier practice of imposing expenditure tax on anything sold in the hotel, it is now restricted to the room rent.' More EVENTS OUTLOOK Amway angling for Rs 700-cr turnover AMWAY India Enterprises, the wholly-owned subsidiary of direct selling major Amway Corporation of the US, has targeted a turnover of Rs 700 crore during its current accounting year ending August 31, 2002. During the previous 12 months ended ... More
Aithent bullish on selling services as products PERFORMANCE Hero Honda redeems investments HERO Honda Motors Ltd has exited from virtually all its market investments as part of its efforts to cut "risky investments'' and raise more cash for a bumper dividend payout next week, according to a top company official. "All that we have as ... More PEOPLE `Ford is my passion' "I have never felt the need to change," says David Friedman, President and Managing Director, Ford India. He has been with Ford Motors for 15 years, the one and only organisation that he has worked for in his career. A profile by Rasheeda Bhagat< /B>. 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. 24-Mar. 2 Daewoo gives reprieve to Indian subsidiary DCA seeks details about Hutchison equity pattern `Size forms a virtuous cycle': — Mr Shailendra Ghaste, Vice-President, Investment Banking, JM Reliance Industries, RPL to be merged Gulf Oil, IDL get set to tie the knot |
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