The Hindu Business Line : Sunday, March 10, 2002

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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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