Financial Daily from THE HINDU group of publications
Thursday, April 11, 2002
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Financial Daily from THE HINDU group of publications Thursday, April 11, 2002 |
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CORPORATE ANNOUNCEMENTS `Reliance man unlikely to head BSES' BSES continues to be a professional-run company even though the Reliance group is now the single largest stakeholder, according to Mr R.V. Shahi, Power Secretary-designate and currently Chairman and Managing Director, BSES Ltd. Mr Shahi told ... More OPEN OFFERS Axles India to make open offer at Rs 7 per share AXLES India Ltd has informed the stock exchanges that it proposes to come out with an open offer for buying back the 9.04 per cent equity from the shareholders of the company. The price per share has been fixed at Rs 7, and Indian Overseas Bank ... More ENVIRONMENT EDUCATION MERGERS & ACQUISITIONS Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised JAPAN'S Suzuki Motor Corporation (SMC) is set to take control of Maruti Udyog Ltd (MUL) with 56 per cent stake following a rights offering. "For this, we have negotiated a control premium and renunciation premium with Suzuki which would be ... More
GE Shipping forms joint venture to lease copters
Sify to merge consumer businesses
Biocon, Shantha in joint venture for human insulin REGULATORY BODIES & RULINGS No proposal to curb regulatory powers of ICAI THE Government is unlikely to take away the regulatory powers that have been vested with the Institute of Chartered Accountants of India (ICAI) for overseeing the functioning of the chartered accountants community. "The CA institute has by and ... More
Company Law advisory panel gets broadbased ALLIANCES & JOINT VENTURES Tata Steel, Nippon, Arcelor in tie-up Nippon Steel and Arcelor will assist Tata Steel in its efforts to cater to the requirement of high quality steel sheets of the Indian automotive industry. More STANDARDS & BENCHMARKS Aurobindo plant gets Brazilian certification AUROBINDO Pharma Ltd (APL), the Hyderabad-based Rs 1,000-crore active pharmaceutical ingredients and formulations company, has received the GMP (good manufacturing practices) certification from the Brazilian Regulatory Authority — ANVISA ... More
SICK UNITS Operating agency clears Jessop revamp package STATE Bank of India, the operating agency appointed by the Board of Industrial and Financial Reconstruction (BIFR), has cleared the package submitted by the Union Government to revive the ailing Jessop & Co, including the induction of Ruia Cotex ... More OUTLOOK 
Apollo clinics set to arrive this monthTHE Apollo Hospitals group's efforts to be present at the primary level of dispensing healthcare services in the country are set to roll, with `The Apollo Clinic' slated to go operational later this month in the Capital. Set up by Apollo Health ... More
MphasiS sees 25 pc growth
Infy forecasts growth of 18-22 pc in 2002-03
Tata Tele unveils Rs 8,250-cr plan
BHEL unit eyes after-sales segment PERFORMANCE Philips hopes to get back on growth path WITH the worst possibly over, Philips India Ltd has begun to focus on business growth and cash profits as major thrust areas, according to Mr K. Ramachandran, Vice-Chairman & Managing Director of the company. Addressing a news conference at the ... More
Alfa Laval total income crosses Rs 300-cr mark TRENDS NEW PRODUCTS & SERVICES New asthma drug from Dr Reddy's DR Reddy's Laboratories Ltd has announced the launch of `montelukast' (generic name), a non-steroidal drug indicated for prohylaxis and treatment of asthma. In a press release here on Wednesday, the company said it would market the product ... 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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