Financial Daily from THE HINDU group of publications
Friday, May 17, 2002
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Financial Daily from THE HINDU group of publications Friday, May 17, 2002 |
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CORPORATE ANNOUNCEMENTS 
Same Deutz-Fahr set to launch new tractor rangeSAME Greaves Tractors Ltd, to be renamed as Same Deutz-Fahr India (P) Ltd, will shortly launch tractors with 42 HP, 60 HP and 70 HP capacities. The company will focus on the upper middle and top end of the tractor market in the country. (It may ... More
BMW testing waters for local facility
Rover team at Tata Engg
COURTS/LEGAL ISSUES HC order on CESC tariff hike: Mixed reaction from chambers THERE were mixed reactions from city-based industry chambers to the Calcutta High Court's verdict allowing the power utility CESC Ltd to increase tariff by 16.5 per cent. While the Bharat Chamber of Commerce and Indian Jute Mills Association ... More CERAMICS Carborundum net slips to Rs 21.52 cr CHENNAI: Carborundum Universal Ltd has reported a net profit of Rs 21.52 crore for 2001-02, down from Rs 23.20 crore in the previous year. The board has recommended a dividend of Rs 7.5 per share (75 per cent). The turnover slid to Rs ... More RESTRUCTURING Idea Cellular raises Rs 1,790-cr loan IDBI had been able to arrange Rs 1,790 crore as syndicated loan for the mobile telephony services company, Idea Cellular. This includes a loan of Rs 400 crore from IDBI itself. The other major lenders are IDFC (Rs 250 crore); LIC (Rs 250 ... More
Indo Rama board okays demerger of spun yarn unit SHORT TERM INSTRUMENTS MERGERS & ACQUISITIONS Amex seeks FIPB nod to buy out Tata stake in TFAL AMERICAN Express International Inc (Amex) has sought permission from the Foreign Investment Promotion Board (FIPB) for buying out the entire stake held by the Tatas in the joint venture company Tata Finance Amex Limited (TFAL) and make it a ... More NEW PROJECTS Gujarat Guardian plans Rs 700-cr glass unit GUJARAT Guardian Ltd, the 50:50 joint venture between the Modi group and Guardian Industries Corporation of the US, may build a new plant in 2004-05 at a cost of Rs 700 crore. According to Mr Alok Kumar Modi, Joint Managing Director, the ... More
Super Spinning's `backward' move for farm-to-garment link ALLIANCES & JOINT VENTURES Mojj Engg in tie-up with ICM for fuel ethanol plant PUNE-BASED Mojj Engineering Systems Ltd, engaged in design and engineering of turnkey projects, has joined hands with the US-based ICM Inc for design and turnkey supply of fuel ethanol plants based on molecular sieves technology. This is a ... More PERFORMANCE Number-crunching the Maruti deal NOW that the Government's disinvestment programme in Maruti Udyog Ltd (MUL) is through with the announcements made on Tuesday, the company's financials merit a closer look. The Government, till now, an equal equity partner in the joint venture ... 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 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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