Financial Daily from THE HINDU group of publications
Tuesday, March 26, 2002
Financial Daily from THE HINDU group of publications Tuesday, March 26, 2002 |
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CORPORATE ACCIDENTS Excel fire damage being assessed EXCEL Industries Ltd has informed the Bombay Stock Exchange that a major fire broke out in one of the two main buildings of the corporate and registered office of the company on March 22. The mishap was immediately reported to the fire brigade ... More ANNOUNCEMENTS RPL proposes to set up 5,000 retail outlets RELIANCE Petroleum Ltd (RPL) proposes to set up a marketing network comprising over 5,000 retail outlets. The company has submitted an application to the Government seeking permission to set up these outlets. According to a company official, ... More
KPCL order for Yokogawa Blue Star BUYBACK 
HLL open to buyback; but not now: BangaHINDUSTAN Lever Ltd (HLL) is open to a buyback of shares, though not in the immediate future. This was indicated by the company's Chairman, Mr M.S. Banga, to Business Line when asked whether HLL was considering a buyback of shares as ... More
Poor response from shareholders -- Heritage Foods to close buyback on March 28 PRIVATE PLACEMENT Rating may be mandatory for private placement Unlike public issues, where it is essential to have the offer documents standardised, containing the mandated disclosures, there are no such norms to cover private placements issues. More EXIM POLICY 
Import under customs bond scheme -- ITC seeks review of Exim PolicyCONCERNED over the recent surge in import of contraband cigarettes, ITC Ltd has made out a case for reviewing the clause in the Exim Policy which allows import of cigarettes under customs bond for re-exports. At a meeting with the Revenue ... More MANPOWER Cummins India unveils VRS CUMMINS India Ltd (CIL) has announced a voluntary retirement scheme for its employees and Cummins Diesel Sales and Services (India) Ltd, its subsidiary. The schemes opened today and will close on March 30. According to company officials, the ... More RESTRUCTURING HPL revamp to be delayed; board meeting today THE financial restructuring of Haldia Petrochemicals Ltd (HPL), the three-way joint venture between the Chatterjee group, the Tatas and the West Bengal Government, will not be in place by March 31, 2002 as was hoped earlier. Although progress ... More MERGERS & ACQUISITIONS Bathina Tech may merge with Medical Information BATHINA Technologies (India) Ltd., the Hyderabad-based technology company, is planning to merge with Bathina Medical Information Services Ltd, and is set to allot preferential shares to its Chairman, Mr.Rao V.Bathina. Bathina Medical ... More REGULATORY BODIES & RULINGS DCA for raising penalty rates THE Department of Company Affairs (DCA) is weighing the option of increasing the rates of penalty levied on companies. ``The existing rates of penalties are absurdly low and don't act as a deterrent for the erring companies,'' DCA officials ... More ALLIANCES & JOINT VENTURES Macmillan collaborating with MDI-Gurgaon AFTER launching online EDPs in collaboration with IIT-Delhi and NID, Macmillan India is now launching EDPs in collaboration with MDI-Gurgaon for courses on CRM-Concepts, tools and applications and e-business planning and implementation at More PEOPLE Gautam Thapar on Asahi board NEW DELHI: Asahi India Safety Glass Ltd (AISGL) has inducted the Vice-Chairman & MD of Ballarpur Industries Ltd, Mr Gautam Thapar, as a director on the board of the company. According to a release issued here on Monday, Mr Thapar was ... 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 Mar. 17-Mar. 23 Watching action on the shopfloor — live: DSP finds a motivating tool for workforce Seshasayee Paper: Marketing without undue pressure MTNL to invest Rs 300 cr in ITI -- Deal may prove a win-win for both Consolidation among MFs: Time to tread cautiously Bid to rejig manufacturing processes -- Production stopped at one Maruti unit Restraint against joining proceedings in US -- Dabhol lenders get HC reprieve |
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