Financial Daily from THE HINDU group of publications
Friday, April 26, 2002
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Financial Daily from THE HINDU group of publications Friday, April 26, 2002 |
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CORPORATE ANNOUNCEMENTS CESC postpones board meeting THE R.P. Goenka-controlled CESC Ltd has postponed its board meeting scheduled to be held today till April 27. No reason has been given for the postponement. The power utility, which was slated to take on record the unaudited financial results ... More
PRIVATE PLACEMENT MosChip to raise funds via more pref placements CHIP-DESIGNING firm MosChip Technologies Ltd has identified corporates such as Gavva Estate, Andhra Pradesh Industrial Development Corporation Venture and individuals such as Mr Sreevishnu Raju, to offer equity shares and warrants on a ... More OPEN OFFERS Open offer for AstraZeneca deferred ASTRA Pharmaceuticals AB's open offer plan to acquire the entire 43.5 per cent of the shares in AstraZeneca Pharma India stands deferred due to an interim stay by the Kerala High Court. The court is scheduled to take up the case for hearing on ... More CORPORATE DISPUTES 
Tangy war on pulp is no fictionTHIS summer, the ad battle is not going to be confined to the colas. Parle Agro, the beverages company, has decided to move the court against rival Godrej Industries challenging one of its ads comparing `Frooti' and `Xs'. Godrej has come out ... More AWARDS & HONOURS HUMAN RESOURCES SEZ managerial pay limit proposed at Rs 20 lakh THE managerial remuneration limit for the companies that are established in the special economic zones (SEZs) is likely to be stipulated at Rs 20 lakh per annum or more by the Department of Company Affairs (DCA). The Department is considering ... More NEW PROJECTS Rittal to make cooling units near Bangalore RITTAL India Pvt Ltd, the wholly-owned subsidiary of Rittal Werk, Germany, a manufacturer of enclosure systems, is planning to manufacture enclosure cooling units at its Doddaballapur plant near Bangalore. The company planned to invest $1.2 ... More
Saltours plans to expand, open more offices
Apollo may foray into medical data processing REGULATORY BODIES & RULINGS Vanishing cos: DCA plans stringent action THERE could finally be some reprieve to the investors who had lost money in the `vanishing companies' with the Department of Company Affairs proposing to initiate stringent action under the Companies Act against its directors — imposition ... More
ALLIANCES & JOINT VENTURES S&N to invest Rs 75 cr more in UB joint venture UB sources said the hike in S&N's investment was mainly due to the brewery acquisitions targeted by the joint venture. More
Gontermann in export deal with Chinese co EVENTS BONUS ANNOUNCEMENTS Pentamedia Q4 net drops 68 per cent -- Board recommends 1:10 bonus PENTAMEDIA Graphics Ltd reported a 68 per cent drop in net profit to Rs 10.51 crore for the fourth quarter ended March 31, 2002, as against Rs 33.76 crore the corresponding quarter of last year. The board of directors, which met on Wednesday, ... More SICK UNITS HC orders possession of gensets at Dunlop Ambattur unit MR Justice G.C. Gupta of the Calcutta High Court ordered that the court-appointed-receiver visit Dunlop factory at Ambattur, Chennai, to take possession of machinery lying at the factory with the help of local police authorities. The court ... More
Alpha package lifts Incab revival hopes OUTLOOK `Lufthansa has no plans to raise fares now' DESPITE a five-fold increase in insurance costs to euro 170 milllion during 2002, Lufthansa, which reported an operating profit of 28 million euros for 2001, has no immediate plans to impose any additional passenger surcharge or increase its ... More
Tata Engg, Leyland gear up to raise CNG chassis output
Upturn unlikely in software biz for now, says HCL Insys
Daimler to drive in entire Merc range
Singapore co sees good scope in financial planning PERFORMANCE HDFC Standard does Rs 1,266-cr business HDFC Standard Life Insurance Company Ltd, which has completed 15 months of operations in March 2002, has said its premium income has more than doubled its target. The premium income amounted to Rs 36 crore against the target of Rs 15 crore. ... 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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