Financial Daily from THE HINDU group of publications
Thursday, March 28, 2002
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Financial Daily from THE HINDU group of publications Thursday, March 28, 2002 |
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CORPORATE ANNOUNCEMENTS TotalFina recalls top official; cites slack oil reforms -- To shift focus to LPG, chemicals, lubes FRENCH oil major TotalFinaElf has decided to shift the focus of its Indian operations from oil and gas to chemicals, lubes and LPG. The world's fourth largest oil company is apparently not so encouraged by the pace and manner in which the oil ... More
Saldanha quits as Haldia Petro MD
Top-level changes in Murugappa group
49-tonner to join Tata Engg stable
New directors on Agro Tech board
No `take-or-pay' deal with MRPL, says HPCL
PREFERENTIAL ALLOTMENTS Shareholders okay MosChip pref offer HYDERABAD: The shareholders of MosChip Semiconductor Technology Ltd, have approved the preferential issue of equity shares and warrants at the company EGM held on Wednesday. The shares/warrants will be issued to ESS Technology Inc, ... More COURTS/LEGAL ISSUES HR coil floor price: Ruling reserved MR Justice Amitava Lala of the Calcutta High Court on Wednesday reserved judgement on the writ petition of Mahesh Marketing Pvt Ltd, a company dealing in steel items, filed against the Department of Commerce. In the petition, two notifications ... More RESTRUCTURING SCI recasting debt portfolio -- Leveraging on sovereign status WITH privatisation round the corner, state-run Shipping Corporation of India (SCI) is restructuring some of its debt worth about Rs 350 crore, taking advantage of its sovereign status in a falling interest rate regime. The company has decided ... More MERGERS & ACQUISITIONS HPL board's offer to IOC -- Bengal Govt bows to FIs' pressure TUESDAY'S decision of the board of Haldia Petrochemicals Ltd (HPL) to offer 26 per cent stake and management control of the company to Indian Oil Corporation lends itself to several interpretations. The immediate point to emerge is that IOC has ... More
Haldia: Drama behind the stage
Vantel to merge two subsidiaries NEW PROJECTS Avestha plans AP facility THE Bangalore-based Avestha Gengraine Technologies Pvt Ltd, a biotech and bioinformatics company, is planning to open a new facility in Andhra Pradesh in the near future. ``I would be interested in setting up something here in 4 to 5 months ... More REGULATORY BODIES & RULINGS Nominee directors of cos exempt from Act provision THE Department of Company Affairs (DCA) has clarified that nominee directors appointed on the boards of the public companies and other concerns assisted by the public financial institutions (PFIs) are exempted from the provisions of Section ... More TRADE & LABOUR UNIONS TELK resolves DA row with union THE management and trade unions of the Angamally-based Transformers and Electricals Kerala Ltd (TELK) have reached an agreement in the presence of the Industries Minister to settle long-pending issues. Mr K.P. Rajendran, Managing Director, said ... More ALLIANCES & JOINT VENTURES GM, IISc in R&D tie-up GENERAL Motors Corp has tied up with the Indian Institute of Science to conduct research on light-weight engine materials and fuel alternatives. GM has set up a virtual lab at the Department of Mechanical Engineering with a commitment of ... More
Kvaerner to provide engg services to Reliance plant ENTERPRISE RESOURCE PLANNING ERP package for seed companies SEED companies in Andhra Pradesh are showing keen interest in utilising the potential of information technology (IT) by deploying cost-effective solutions to reap long-term benefits. A small, entrepreneur-driven, IT company — Positive ... More EVENTS 
`Leadership' is what countsMOST companies fail not because of technology, but due to lack of good leadership, says the Managing Director of Tata Iron and Steel Company Ltd, Mr B. Muthuraman. Delivering the Golden Jubilee Commemorative Lecture on `Leadership' at the PSG ... More BONUS ANNOUNCEMENTS SICK UNITS 
NTC set to begin asset sale in TNTHE National Textile Corporation (NTC) in Tamil Nadu is in the `assets sale' mode. The Assets Sale Committee (ASC) formed by NTC's Tamil Nadu subsidiary was expected to meet here sometime in the middle of next month to initiate the process of ... More PERFORMANCE CAG finds lapses in BSNL accounts THE first annual audited accounts statement of Bharat Sanchar Nigam Ltd, which was corporatised in October 2000, has run into trouble, with the Comptroller and Auditor-General of India (CAG) finding serious lapses. According to informed ... More
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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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