Financial Daily from THE HINDU group of publications
Tuesday, May 14, 2002
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Financial Daily from THE HINDU group of publications Tuesday, May 14, 2002 |
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CORPORATE ANNOUNCEMENTS Dr Reddy's cancer molecule completes Phase-I trials MARKING a significant development in the domestic pharmaceuticals industry, Dr Reddy's Laboratories Ltd, the Hyderabad-based pharma giant, has completed Phase-I clinical trials on its anti-cancer compound DRF-1042, its first new chemical entity ... More
Kinley to flow into 200-ml cups, at 3 bucks
Milk next from Coke?
Geojit to have Sharjah royalty as director PREFERENTIAL ALLOTMENTS Ramco to raise stake to 12.06% in Rajapalayam Mills RAMCO Industries Ltd will increase its stake in Rajapalayam Mills Ltd from 0.78 per cent to 12.06 per cent by subscribing to a preferential issue of share warrants convertible into equity shares that Rajapalayam Mills will be making to the ... More AWARDS & HONOURS 
Award for digital tyre inflatorTHE digital automatic tyre inflator, a product from Instrument Research Associates, has won an award for successful commercialisation of indigenous technology from the Technology Development Board, Ministry of Science and Technology. Announcing ... More MANPOWER 69% of NGEF staff opt for voluntary retirement SOME 1,500 or almost 69 per cent of the 2,178 employees of the sick NGEF have opted for voluntary retirement in the past few days. This includes all the 600 members from the switchgear and power electronics divisions that were marked for ... More NEW PROJECTS Sika Qualcrete Indian ally plans three new ventures THE Indian partner of Sika Qualcrete, which is currently being bought out by the Swedish major Sika AG, is planning to set up three new ventures on a total investment of Rs 15 crore. Mr Bhaskar Sen, Managing Director of Sika Qualcrete, told ... More
Astra plans commercial cultivation of herbs REGULATORY BODIES & RULINGS FICCI seeks clarification on `auditors limited review' THE Federation of Indian Chambers of Commerce & Industry (FICCI) has sought clarification from the Securities and Exchange Board of India (SEBI) on `auditors limited review' for companies which have extended their accounting period to 18 months. ... More ALLIANCES & JOINT VENTURES City Online, Darcom join hands HYDERABAD: City Online Services Ltd (COL) has entered into a joint venture with Darcom Ltd of Israel to offer Voice over Internet Protocol (VoIP) services in Andhra Pradesh and Karnataka. Darcom's Business Development Director, Mr ... More SICK UNITS Nocil likely to wind up unit on debt problems BHARAT Petroleum Corporation Ltd (BPCL) has asked troubled petrochemical firm Nocil to settle its dues of over Rs 100 crore before closing down its unit. Nocil, unable to find a suitor, is finally thinking of shutting down its petrochemicals ... More
SBL Industries hopes to resume production at Ranchi unit OUTLOOK 
ONGC bets on deep-water probes -- May spend $100-150 million to acquire rigOIL and Natural Gas Corporation Ltd (ONGC), sitting on a tight schedule of deep-water exploration in the next four years, expects to acquire a deep-water-capable rig for itself. Such a rig could cost anywhere between $100 million and $150 ... More
Navision Software to focus more on SMEs for growth
Compudyne eyes growth of 70-80 pc: Fixes IPO price at Rs 65
VisualSoft to consolidate solutions business INVESTOR PROTECTION SEC rules on analyst-investment banker nexus -- It all started with an Indian who sued Merrill THERE'S a certain inevitability about the fact that the US Securities and Exchange Commission's May 8 imposition of new rules designed to prevent conflicts of interest between Wall Street research analysts and their investment banking cronies had ... 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 May. 5-May. 11 Western Union has big plans in money transfer sector Board-level appointments -- DCA to tighten norms for relatives of directors India Inc views long term with greater optimism Top 15 account for Rs 53,760 cr -- Investments in 62 projects shelved Q4 results prove elusive for investors First year after sell-off to Sterlite -- Strike, power shave Balco profit Maruti to insure own vehicles -- Ties up with Bajaj-Allianz, NIC |
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