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Sunday, April 14, 2002

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Reliance results on April 23
MUMBAI: Reliance Industries Ltd (RIL) will announce its unaudited financial results for the year ended March 31, 2002, on April 23. A notice to this effect has been sent to the stock exchanges on saturday. For the year ended March 31, ... More

C+T plans operations in India
NEW DELHI: The France-based Canal + Technologies (C+T) is planning to provide its conditional access and middleware software to satellite TV channels, Doordarshan's terrestrial channels, cable operators and to companies planning to set ... More

RESTRUCTURING


Relief undertaking tag for Essar Steel
THE Gujarat Government has declared Essar Steel Ltd (ESL) a relief undertaking as per the provisions of Section 3 of the Bombay Relief Undertakings (Special Provisions) Act, 1958. According to a notification issued by the State Labour and ... More

MERGERS & ACQUISITIONS


Ciba Specialty makes open offer
SWISS Chemicals major Ciba Specialty Chemicals Holdings Inc is making an open offer to the minority shareholders in order to hike its stake in the Indian subsidiary to 100 per cent. In a notification to the stock exchanges, the company said ... More

NEW PROJECTS


Marriott plans hotel in Chennai
J.W. MARRIOTT, which has a hotel in Mumbai, plans to open a hotel in Chennai in the next few years, senior company officials have said. While confirming that the hotel would come up in Chennai, officials said that details of the project would ... More

ALLIANCES & JOINT VENTURES


Satyam, Pronounced tie up for navigation technology
SATYAM Computer Services Ltd, on Friday announced a strategic tie-up with Pronounced Technologies LLC (PTL), a US-based company providing voice-based vehicle navigation systems, to offer navigation solutions. The agreement with PTL would cover ... More

Tata Teleservices ties up with Gilat
HYDERABAD: Tata Teleservices Ltd, the basic telecom service provider of the Tata Group, has tied up with Gilat Satellite Networks Ltd, Israel, to provide 1,000-site fixed rural satellite telephony network as a part of its universal ... More

OUTLOOK


Samsung bullish about home appliances
HOME is where the bucks are for Samsung India Electronic Ltd, which is expecting almost 44 per cent of its targeted turnover of Rs 1,520 crore for year 2002 from the home appliances segment. Besides, the company is also pumping around Rs 25 crore ... More

PERFORMANCE


Ashok Leyland sales down 8.63 per cent
ASHOK Leyland has sold 29,671 vehicles for the year ending March 31, 2002, an 8.63 per cent drop over the previous year's sales of 32,475 vehicles. However, thanks to its sales mix and higher contribution from non-cyclical business, the ... More
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Top Stories
BJP wants I-T rebate, other sops restored -- Wait for Parliament discussion: Sinha


`Falling rate benefits have not reached corporates'

UN launches e-mail news service

Net rises 87.52 pc at Rs 462.93 cr -- Hero Honda to pay a total dividend of Rs 17

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 7-Apr. 13
Manu Chhabria dead

Norms for dividends sans depreciation under study

Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised

Infy forecasts growth of 18-22 pc in 2002-03

`A Coke IPO will sizzle the capital market'

Ranbaxy UK arm a problem child?

MRPL may go into Reliance fold -- Birlas, HPCL in talks to shed part of stake


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