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Monday, April 08, 2002

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Asianet to offer Net telephony
ASIANET Dataline, the broadband Internet service arm of Asianet Satellite Communications Ltd, is poised to bring to Kerala the full benefits of its broadband fibre optic-coaxial hybrid cable network. The company's entry into voice services is ... More

REGULATORY BODIES & RULINGS


Norms for dividends sans depreciation under study
THE Department of Company Affairs (DCA) is mulling a proposal on framing broad guidelines that would spell out the criteria under which companies could be allowed to declare dividends without providing for depreciation. Currently, the Companies ... More

INTERVIEW


IVRCL looking to build global alliances in power
IVRCL Infrastructure & Projects Ltd, the Hyderabad-based Rs 400-crore engineering infrastructure construction company that has executed over 150 projects in the last one-and-a-half decade with a total value of more than Rs 1,200 crore, is ... More

EVENTS


Low occupancy, high debt servicing cost -- Cointech fair complex finds it hard to break even
WHAT will happen to a mega infrastructure project that has come ahead of time? That too, if the size of the project is bigger than what the critical users could visualise? The Codissia Intech (Cointech) Fair Complex at Coimbatore, the massive ... More

Boost to drive against bio-piracy
Mr Roffee, Adviser to the Secretary-General of UNCTAD, said that India had taken a lead in making out a case for incorporating changes in trade-related intellectual property rights to ensure protection for traditional knowledge. More

Exporters told to match products with markets
THE Union Commerce Secretary, Mr Dipak Chatterjee, has urged the exporting community to "address markets with products which other countries need''. Addressing an awards presentation ceremony of Engineering Export Promotion Council (Eastern ... More

SICK UNITS


Special tribunal to adjudicate -- Textool asked not to close machinery unit
THE Madras High Court has directed the management of the Coimbatore-based Textool Company Ltd (TCL) not to close down the textile machinery division as proposed effective from March 31. It has also asked the Government to refer the matter to a ... More

OUTLOOK


Jindal Vijaynagar hopeful of break-even this fiscal
JINDAL Vijaynagar Steel Ltd. expects to break even by fiscal 2002-03-end, company sources said. The firm has targeted a gross margin of Rs 600 crore to achieve the break-even, they added. However, such a projection is based on a probable upswing ... More

PERFORMANCE


Outstandings at Rs 4,867 cr -- Bills unpaid hang over BSNL, MTNL
DON'T be surprised if the largest basic telecom companies in the country - Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) - start bleeding in the next couple of years. As per the latest estimates available with ... More

Hudco sees 15-20 pc boost to net profit
HOUSING & Urban Development Corp Ltd (Hudco) is expecting its profit to rise by at least 15 per cent in the current financial year owing to the boom in housing and infrastructure sectors, top company officials said. The rise in profit is ... More

NEW PRODUCTS & SERVICES


Philips unveils high-end products for the tech-savvy
CONSUMER electronics major Philips has unveiled its latest range of high-end digital TV sets, displays, audios and phones that will hit India and the Asia-Pacific region in the coming months. The dozen-odd gadgets are aimed at the tech-savvy ... More

Emami banks on Madhuri range for more revenue
FAST moving consumer goods major Emami Ltd has launched a range of herbal personal care products under the "Beauty secrets by Madhuri'' brand. The product basket, which includes talc, hair oil, skin cream and three shampoos -- was launched ... More

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