Financial Daily from THE HINDU group of publications
Tuesday, April 16, 2002
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Financial Daily from THE HINDU group of publications Tuesday, April 16, 2002 |
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CORPORATE PREFERENTIAL ALLOTMENTS Aurobindo Pharma to allot 1 m shares to Templeton AUROBINDO Pharma Ltd (APL) has decided to allot one million equity shares and an equal number of share warrants to Templeton Strategic Emerging Market Fund LDC. The decision to this effect, taken at its board meeting on Sunday, marks an ... More ACCOUNTANCY Supply of accountancy services -- Working group `Request List' spots 32 countries THE Government-appointed working group to help prepare a `Request List' in the accountancy sector has identified 32 countries to whom India could make requests for supply of accountancy services under the General Agreement on Trade in Services ... More RESTRUCTURING Manipal group to shut down NBFC arms -- Restructuring plans for repayment of deposits THE Manipal group plans to exit non-banking finance business by shutting down its three subsidiaries — Maha Rashtra Apex Corporation Ltd (MRAC), Canara Nidhi Ltd (CNL) and Manipal Home Finance Ltd (MHFL). The group has requested the ... More MERGERS & ACQUISITIONS Elf Gas acquires Mobil Peevees' LPG business ELF Gas India Ltd (EGIL), the fully owned subsidiary of the French petroleum major TotalFinaElf, has acquired the marketing and bottling activities of the Mobil Peevees Company Ltd's (MPCL) liquefied petroleum gas (LPG) business. Following the ... More
RPL shareholders okay merger with Reliance REGULATORY BODIES & RULINGS Public offer bar for cos taking depreciation relief COMPANIES that are allowed to declare dividends without providing for depreciation will not be able to make any public offering for the subsequent 12-18 months. The Department of Company Affairs (DCA) would stipulate such a condition in its ... More
DCA exempts FIs from DRR provisions
AAIFR rejects Trayons plea against BIFR ruling ALLIANCES & JOINT VENTURES ONGC, BHEL sign supply pact STATE-OWNED Oil and Natural Gas Corporation and Bharat Heavy Electricals Ltd have signed a memorandum of understanding for the supply and refurbishment of oilfield equipment used by the petroleum exploration company, a BHEL statement said. The ... More DIVERSIFICATION KSIE into bottled water THE public sector Kerala State Industrial Enterprises Ltd, which is engaged mainly in air cargo handling business, is set to enter the highly lucrative bottled water market. KSIE has tied up with Kozhikode-based Bismillary Waters and the ... More OUTLOOK Marriott Intl bullish on India THE US hospitality major, Marriott International, which plans to open a J.W. Marriott hotel in Chennai, is bullish about business prospects in India. "We hope to break ground in Chennai fairly soon. However, we would not like to talk about the ... More PERFORMANCE 
Hero Honda: A `passion' for growthHERO Honda has come up with yet another year of sharp growth in financial performance. The company has developed this ability to spring a surprise in terms of outperforming expectations. For the year ended March 2002, it has reported a 41 per ... More TRENDS Interim: Shorter notice for RD may hold key IN the light of the experience gained after the fiasco over interim dividend in the first week of March, corporates, which include those that had declared interim dividend but were forced to retrace their steps, seem to be veering round to the ... More NEW PRODUCTS & SERVICES Bharat Bio to launch trial phase of diarrhoea vaccine The project is part of the Indo-US Vaccine Action Programme and is targeted towards development of a cost-effective vaccine for India and the developing countries. 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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