Financial Daily from THE HINDU group of publications
Friday, April 12, 2002
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Financial Daily from THE HINDU group of publications Friday, April 12, 2002 |
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CORPORATE ANNOUNCEMENTS Siena Weekend to make way for Palio estate WITH the estate version of the Palio scheduled for launch in May, Fiat India Pvt Ltd will stop producing the Siena Weekend, the estate version of the mid-size passenger car Siena. The Palio Weekend as well as the Palio Adventure are both slated ... More
COURTS/LEGAL ISSUES BIS tag must for bottled water: Madras HC IN an interim ruling, the Madras High Court has directed that units producing packaged drinking water can continue to do so only with necessary certification of the Bureau of Indian Standards (BIS). The First Bench, comprising Chief Justice Mr ... More RESTRUCTURING Ricoh to consider consolidation plan JAPANESE major Ricoh may consolidate its business operations in India, which is being currently run through three different organisations. These outfits are Ricoh India, Gestetner Ltd and the Prima Division of Godrej & Boyce Mfg Co Ltd. All ... More MERGERS & ACQUISITIONS Sterlite concludes HZL deal; pays Rs 445 cr to Govt THE Sterlite group on Thursday concluded the deal for buying a controlling stake of 26 per cent in Hindustan Zinc Ltd (HZL) by paying the bid price of Rs 445 crore to the Union Government. Sterlite Industries Ltd and Sterlite Optical ... More NEW PROJECTS 
LG Electronics to set up $20-m production unitLG Electronics India Ltd (LGEIL) has announced plans to establish a second manufacturing unit in the country at a cost of $20 million. The new unit is expected to commence production from the second half of 2003. The company currently has a ... More REGULATORY BODIES & RULINGS Corporates for separate panel on searches `Sentiments in the capital market are already at low ebb. Grant of sweeping powers to SEBI at this juncture would impact the growth of the securities market as well as the investor sentiment.' More ALLIANCES & JOINT VENTURES Pact to create awareness on quality diagnostics SPECIALITY Ranbaxy Ltd (SRL) and the local branch of the Indian Medical Association (IMA) have entered into an understanding to create awareness of the need to focus on quality specifications in medical diagnostics which is common in the ... More
EVENTS Nestle `leverages' knowledge from nutrition workshops FOOD fortification is a global phenomenon and food corporates are getting onto the bandwagon. However, it would take Government participation to ensure food fortification for the masses, said Dr Dilip Mahalanabis of the Society for Applied ... More
`Corporate India needs loyalty' IPOS `A Coke IPO will sizzle the capital market' THOUGH Coca-Cola India has once again approached the Government seeking a waiver on the mandatory 49 per cent disinvestment norm on grounds of poor market conditions, the capital market in general feels that an initial public offering (IPO) from ... More OUTLOOK Ranbaxy UK arm a problem child? IS the pharma major Ranbaxy Laboratories Ltd's (RLL) UK subsidiary turning out to be a problem child for the parent company? May be not so much in monetary terms, but certainly so in terms of its public image, point out industry ... More
Maruti to shift gear on production parameters
Engineers India in pact with Ministry
BSES hopes to get Maithon project work PERFORMANCE Tata Engg in cash profit zone with Indica TATA Engineering's Rs 1,700-crore car project has reached a cash profit situation in fiscal 2001-2002. "We have been able to achieve it in the third year,'' Mr. Rajiv Dube, Vice-President (Commercial), Tata Engineering, said here on ... More
BHEL power unit profit up
PEOPLE 
Ravina Kohli to head Star NewsSTAR has appointed Ms Ravina Raj Kohli as President of Star News, after it broke off its alliance with the Prannoy Roy-promoted NDTV. Ms Kohli will spearhead the Star News operations and report directly to Star India's CEO, Mr Peter Mukherjea. ... 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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