Financial Daily from THE HINDU group of publications
Wednesday, April 10, 2002
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Financial Daily from THE HINDU group of publications Wednesday, April 10, 2002 |
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CORPORATE ANNOUNCEMENTS LMW effects 10% cut in pay DESPITE signing a wage accord, can the management effect a cut in wages citing industrial slowdown? If the accord is a pact between the labour union and the management, what about the staff? The textile machinery manufacturing major, Lakshmi ... More
BUYBACK Sterlite awaits HC nod for buyback STERLITE Industries (India) Ltd's (SIIL) scheme of arrangement to purchase its equity shares from shareholders is slated to come up for hearing on April 11, in the Bombay High Court. Having secured shareholders' nod for the proposal, the ... More RESTRUCTURING Court upholds Arvind debt recast plan THE Gujarat High Court on Tuesday upheld the Rs 2,751-crore debt restructuring plan proposed by Arvind Mills Ltd (AML) last year. The company expects a debt buyback of around Rs 900 crore by making payments to the tune of Rs 400 crore, resulting ... More MERGERS & ACQUISITIONS BoI sells two MF schemes to Taurus The `Boinanza equity linked saving on tax scheme' and the `Boinanza Exclusive growth scheme' have a total corpus of Rs 22 crore, and have been sold on an asset liability basis to Taurus whereby Bank of India will get a commission of around 2 per ... More
BHEL to take 20 pc stake in KPCL project
Luxor opens hotel foray with ITDC's Qutub NEW PROJECTS 
Novartis studying clinical trial optionNOVARTIS Pharma AG is in the process of evaluating the option of conducting clinical trials in India, according to Dr Robert Sieber, Corporate Head, Clinical Development Operations, Novartis Pharma AG. Dr Sieber was speaking to reporters on the ... More INTERVIEW 
`Raymond ready to weave magic in foreign markets'RAYMOND Ltd is among the better-placed stocks in the textile sector. Over the last two years, the company has restructured, exiting from its steel and cement operations, creating in the process, a cash-chest it has used to retire debt and grow ... More EVENTS OUTLOOK Leyland hopeful of more orders for CNG buses ASHOK Leyland Ltd has begun the current financial year with an order book of more than 500 CNG buses from private bus operators. With Delhi likely to require more CNG buses, there is an air of expectation in the company for more orders from ... More
PERFORMANCE TRENDS Despite abolition of no-delivery period -- Cos still opt for lengthy book closures THOUGH it has been more than a year since the Securities and Exchange Board of India (SEBI) directed the stock exchanges to abolish the no-delivery period in the stock markets on account of book closures/record dates for corporate actions, it is ... 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. 31-Apr. 6 Murugappa group plans new co for IT services Hero Honda, `world's largest 2-wheeler co' Hind Lever warning shows FMCG cos are on slow track IOC may not pass on post-APM gains -- To add `value' to retail outlets Maruti back in black, makes Rs 55-cr profit Asian Paints eyes buys; `talking to Snowcem' BHEL may keep PSU status after 16 pc stake sale Tata Steel plans new forays |
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