Financial Daily from THE HINDU group of publications
Tuesday, April 23, 2002
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Financial Daily from THE HINDU group of publications Tuesday, April 23, 2002 |
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CORPORATE ANNOUNCEMENTS 
Vidya Chhabria is new chief of Jumbo groupMS Vidya Manohar Chhabria, wife of Manu Chhabria, who died early this month, has taken over as Chairperson of Shaw Wallace and other group companies. The board of directors of the Jumbo group in India, which controls these companies on Monday ... More
Hindustan Latex to launch female condoms soon
Energy consultancy offer from Mitcon OPEN OFFERS SEBI wants open offer for Delco Remy THE Securities and Exchange Board of India (SEBI) has asked Mr Bhupinder Singh Sahney and Delco Remy America Inc and others, who hold controlling stake in Delco Remy Electricals India, to make direct offer for buying shares from other ... More CORPORATE DISPUTES Dabhol: GE won't budge on surety THE Dabhol power project is likely to remain mothballed for many more months with the equipment supplier and stakeholder, GE Power Systems, refusing to co-operate in the sale process without a surety on its investment and equipment cost. ... More RESTRUCTURING VisualSoft shifts thrust to solutions -- Products business to be spun off IN a significant move, VisualSoft Technologies Ltd (VTL), the Hyderabad-based software major, has decided to adopt acquisitions and mergers as a tool to expand its business in an inorganic way. Having strategically decided to maintain a low ... More
Max India to hive off unit MERGERS & ACQUISITIONS Dipping mining sector fortunes forced Atlas Copco's hands? THE plateaued market for mining equipment due to stagnancy in coal sector investments seems to have influenced the sell-off decision of the Swedish engineering major, Atlas Copco, which, through its group company, Chicago Pneumatics Tool, has ... More
Renaissance group not the first suitor
Zenith acquires Sai Global Tech NEW PROJECTS Sundaram Motors on expansion drive SUNDARAM Motors has decided to embark on a large-scale expansion programme and is to soon open a number of sales and service outlets. The company, according to its top brass, hopes to take advantage of the ``changing economic policy of the ... More SICK UNITS BIFR not happy with NJMC divestment plan -- IIBI rehab package still not ready THE Board for Industrial and Financial Reconstruction (BIFR) has criticised the Union Government on its decision to go ahead with the disinvestment plans of National Jute Manufactures Corporation (NJMC) Ltd. According to informed sources, the ... More OUTLOOK BEML bullish on prospects "THIS year is going to be a growth year for BEML, especially with a slight improvement in the economy and the earthmoving and mining sectors looking up, '' Dr K. Aprameyan, Chairman and Managing Director, Bharat Earth Movers Ltd, told Business ... More PERFORMANCE 
Hind Paper frets over growth hurdlesTHE state-owned Hindustan Paper Corporation, even after earning a net profit (provisional) of Rs 45 crore on a sales turnover of about Rs 583 crore during the financial year ended March 2002, is apprehensive about its growth. This is due to ... More PEOPLE 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. 14-Apr. 20 `Refineries must be lively `n' large to survive' Revenue Dept for restoring I-T breaks on dividends Caltex gets buy-out okay with 5-yr rider |
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