The Hindu Business Line : Friday, March 08, 2002

After dividend rush come cancellations
MANY companies seem to have buckled under the Securities and Exchange Board of India (SEBI) whip asking the stock exchanges to ensure that India Inc goes by the book on interim dividend payments for the year 2001-02. Among the first to decide ... More

The `unique case' of Hero Honda
HERO Honda Motors Ltd will go ahead with its plan to hold a board meeting on Friday to consider a special interim dividend, notwithstanding the controversy surrounding companies violating listing agreements and declaring dividend. "We are ... More

Fiat sends cos scrambling
THE SEBI fiat to stock exchanges to enforce the mandatory notice period for interim dividend record dates has had companies running in different directions. Some, such as HDFC and Wipro have opted for the safe route of cancelling the ... More

Ministry on `'safe wicket'
THE Finance Ministry reckons that it is on a firm wicket legally on the issue of interim dividends. In case of a dispute on the tax treatment, the Revenue Department is hoping to rest its case on an earlier ruling by the Supreme Court. The apex ... More

100 pc FDI in auto sector under automatic route -- No minimum investment norms
THE Government on Thursday permitted 100 per cent foreign direct investment (FDI) in the automobile and component sectors under the automatic route, as part of its much-delayed and watered down Automobile Policy. Until now, 100 per cent FDI in ... More

India Inc cashes in on Women's Day
IT is a concept that three-fourths of the Indian population may not be even aware of, but trust India Inc not to leave any opportunity to market itself untapped. The International Women's Day, which falls on Friday, is once again witnessing ... More