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Sunday, March 10, 2002

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Bajaj Auto cancels interim dividend
PUNE: Bajaj Auto on Saturday fell in line with other industrial majors and revoked the interim dividend it had announced on March 5. A press release from the company said that the board of directors at its meeting on Friday had decided ... More

  • JK Corp directors retire

    MERGERS & ACQUISITIONS


    RIL-RPL merger: Smartly timed
    Recommendation:
    Reliance Petroleum: Hold for conversion
    Reliance Industries: Hold More

    NEW PROJECTS


    Hertz India plans national roll-out
    HERTZ India, which currently operates car rental services in New Delhi, Mumbai, Bangalore, Pune and Kolkata, has outlined plans for a national roll-out covering a total of 32 cities across the country within the next 18 months. According to Mr ... More

    ALLIANCES & JOINT VENTURES


    Sartorius looking for strategic tie-ups
    BIOTECH engineering major, Sartorius AG, is looking at increasing its presence in India through strategic partnerships, acquisitions as well as significantly high investments in the coming years. It is scouting for major strategic alliances ... More

    PERFORMANCE


    Samsung makes 2 million CTVs
    NEW DELHI: Samsung India Electronics Ltd has said that it has produced the two millionth colour television at its Noida plant. The plant, which began production in June 1997, has set a target of producing five million televisions by ... More

    TRENDS


    Dividend tax stays: Sinha
    AFTER having acted tough against the attempts of corporates to pay interim dividends before March 31, the Government has made it clear that there will not be any relaxation of the law on this front. Speaking on the sidelines of a conference on ... More

    Interim dividend revocation: The debate continues
    IN view of the recent spate of revocations of interim dividend payout decisions by various corporates as a fallout of the SEBI fiat on the record date stipulations, there seems to be a controversy arising as to whether such revocation would be ... More

    Things change, but remain the same
    THE corporate sector finds itself in much the same position as `Sweet Alice' to Mr Yashwant Sinha's Ben Bolt. Consider the sequence of events leading up to the cancellation of interim dividends by a number of companies after the initial ... More

    The dividend imbroglio
    SEBI has done itself considerable harm by acting at the instance of the Finance Ministry whose position was clear. SEBI may say it acted suo motu, but the fact that it was quiet till the Finance Ministry's promptings, tells a tale. This type o f behaviour could undermine SEBI's role as an independent regulator. More


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  • Top Stories
    Interim dividend revocation: The debate continues


    Kerala employees withdraw strike

    Dividend tax stays: Sinha

    Run on AP co-op bank

    On the trail of fading footprints

    Combined profit of PSUs up 9.22 pc in 2000-01 -- ONGC tops list with Rs 5,229 crore

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Mar. 3-Mar. 9
    Aptech to consolidate overseas operations -- Plans Rs 10-cr expansion

    Reliance Ind, Petro boards fix merger swap at 1:11

    Electrosteel Castings gains control of two Lanco cos

    Violation of SCRA -- Interim dividend rush kicks up row

    Tata Engg unveils 7-seater `Indiva'

    SEBI told to ensure cos' compliance on interim

    SEBI tells SEs to act tough on dividends

    Siemens gung-ho; to invest $500 million

    Not all gloom & doom in India Inc

    After dividend rush come cancellations

    Hindustan Fertilizer Haldia unit staring at liquidation


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