Financial Daily from THE HINDU group of publications
Monday, April 15, 2002
Financial Daily from THE HINDU group of publications Monday, April 15, 2002 |
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CORPORATE ANNOUNCEMENTS SAIL keeps options open on Salem unit STEEL Authority of India Ltd (SAIL) has decided to keep its options open on the sale of its special steel plant at Salem in Tamil Nadu. A company spokesman said that this matter had been hanging fire for long since both the AIADMK and the DMK ... More ACCOUNTANCY Accountancy, consultancy sectors -- Tax income repatriated by foreign cos: Panel THE Government-appointed working group to help prepare a request list in accountancy sector for submission to the World Trade Organisation (WTO) has suggested imposition of an appropriate levy on income repatriated out of India by the global ... More TAXATION `Taxing dividends at hands of shareholders a backward step' "The proposed amendment in dividend distribution tax comes at a time when retail investors are returning to the market after a two-year gap. Such a move will be counter-productive and affect the capital market," FICCI said. More MANPOWER PSUs to get leaner in next few years -- Seek changes in Contract Labour Act CENTRAL public sector enterprises would be able to pare down employee strength over the next few years to below 1.5 million, with the National Textile Corporation alone planning to reduce employee levels from the current count of 80,000 to around ... More INTERVIEW 
`Refineries must be lively `n' large to survive'Time is not on the side of the decision-maker to make purchase decisions involving several thousand crores of rupees. Delays in decision often mean wasted opportunities. More INCOME TAX Revenue Dept for restoring I-T breaks on dividends Sources pointed out that while the Budget proposals were being formulated, there were differences within the Finance Ministry on the issue of restoring Section 80 L benefits to shareholders and providing a threshold exemption on TDS on dividend incom e. More STANDARDS & BENCHMARKS BHEL unit bags health, safety certification BHARAT Heavy Electricals Ltd (BHEL) has achieved a major milestone, with one of its power station divisions bagging the Occupational Health and Safety Certification (OHSAS-18001), making it the first construction outfit in the country to get the ... More SICK UNITS Maharashtra stand casts a shadow on NTC mills' revival BIFR had passed strictures against the State Government for not agreeing to an unconditional permission for the sale of land vested with the NTC subsidiary. More OUTLOOK Tata Engg hopes to overtake industry growth this fiscal BUOYED by the strong performance of the Indica last year, Tata Engineering and Locomotive Co Ltd is confident of beating industry growth rates in 2002-03 as well, its Vice-President (passenger car division), Mr Rajiv Dube, said. "At this point ... More PERFORMANCE Shareholders may stall bid to sell Cochin Malabar estate THE country's second largest rubber producing company, Cochin Malabar Estates & Industries Ltd, is selling its largest estate within the next few days. To this effect, an advertisement inviting tenders appeared on April 4. The tenders will be ... 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 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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