Financial Daily from THE HINDU group of publications
Wednesday, April 24, 2002
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Financial Daily from THE HINDU group of publications Wednesday, April 24, 2002 |
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CORPORATE ANNOUNCEMENTS AUDITING Cos allowed 135 days for cost audit records A COST report, submitted on or after October 1, 2002, has to comply with the Government's Cost Audit Report Rules, 2001 irrespective of the financial year of the company to which it will relate. This has been mandated by the Institute of Cost and ... More COURTS/LEGAL ISSUES HC pulls up MRF for `circumventing' order In a case pertaining to the punishment of an employee of the Chennai-based tyre giant MRF Ltd, the Madras High Court has directed the company officials to withdraw the order of punishment against the petitioner, and has further ordered that the ... More MERGERS & ACQUISITIONS `Disregard MNCs' plea for waiver of divestment clause' NOTWITHSTANDING representations from a slew of multinational companies including Coca-Cola for a waiver of the mandatory divestment clause, the Standing Committee on Finance has made it clear that the Government should not concede to such ... More
DEA to re-examine Citibank Overseas stake in e-Serve NEW PROJECTS GER Vasavi group mill to flag off loom shed in July -- TIDCO gets nod to pick up stake THE Rs 377-crore, 100 per cent export-oriented, composite textile mill promoted by the Hyderabad-based GER Vasavi group is set to commission its loom shed in July and the project will be fully commissioned in April/May 2003, according to reliable ... More REGULATORY BODIES & RULINGS Hotel complex is property of Mashobra Resort: CLB THE Principal Bench of the Company Law Board (CLB), while considering a petition filed by EIH Ltd against Mashobra Resort Ltd and the Government of Himachal Pradesh, has stayed the decisions taken at the board meeting of Mashobra Resort on March ... More
Cochin Malabar told to maintain status quo on sale of estate EVENTS Crucial board meeting of Haldia Petro on April 30 THE board of Haldia Petrochemicals Ltd (HPL) will be holding its first meeting of this fiscal on April 30, according to sources. The meeting is being held in the backdrop of a rather depressing scenario for the company. While, on the one hand, ... More SICK UNITS SIV workers rush to close LIC policies THE management of the erstwhile viscose fibre manufacturing major, SIV Industries, has informed its workers to remit their insurance premia dues directly to the corporation, expressing its inability to pay this due. Following this, there has ... More OUTLOOK Tata Steel: Will EVA-positive aim rule out sizeable investments? Does it mean that for Tata Steel, emerging EVA-positive is the only consideration and that till it reaches that stage, it will avoid new asset creation? More
Ranbaxy Lab bets on nutraceuticals TRENDS Dip in registration of cos limited by shares NEW DELHI: There has been a progressive decline in the registration of companies limited by shares due to the economic slowdown. The number of companies limited by shares registered during 1999-2000, 2000-01 and 2001-02 was 31,289, ... 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. 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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