Financial Daily from THE HINDU group of publications
Thursday, May 23, 2002
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Financial Daily from THE HINDU group of publications Thursday, May 23, 2002 |
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CORPORATE ANNOUNCEMENTS AWARDS & HONOURS RESTRUCTURING Shyam Tele to hive off manufacturing biz IN a significant development, Shyam Telecom Ltd, the Delhi-based telecom equipment manufacturer and cellular and basic telecom service provider, has decided to hive off its telecom equipment manufacturing business. This is part of the major ... More
SAIL charts new marketing plan MERGERS & ACQUISITIONS OrbiTech merges with Polaris -- Citigroup is largest stakeholder A 100 per cent subsidiary of the Citigroup, OrbiTech Solutions Ltd, is to be merged with Polaris Software Lab Ltd. The new merged entity will continue to be called Polaris Software Lab Ltd and will have 3,800 employees. The merger comes into ... More ALLIANCES & JOINT VENTURES Enkay Tele to market digital cameras ENKAY Telecommunications Ltd has tied up with N H Japan Holdings Ltd to market its digital camera in India. Called `Che-ez!' the digital camera will be priced at Rs 4,995 and five models will be made available. "We hope to capture at least 50 ... More
Padmalaya Vision, CMTES tie up
High voltage Siemens lab for VJTI
GAIL, IOC in R&D tie-up STANDARDS & BENCHMARKS OUTLOOK Supply of anhydrous alcohol to oil cos -- KCP Sugar hopeful of Rs 11-cr order KCP Sugar and Industries Corporation Ltd is confident of bagging a Rs 11-crore order for the supply of anhydrous alcohol to oil companies for blending with automobile fuel. The company plans to double production capacity at its distillery located ... More PERFORMANCE Pre-1971 cos continue to dominate: CMIE study Compared to the older companies in India, young companies are poor users of capital. Asset turnover ratio amongst the post-1991 companies was only two-thirds of the ratio for the older companies. More
SAIL shifts focus to Asian markets
Tamin to improve tiles output at Madhepalli unit PEOPLE Ramadorai at HLL marks an equaliser HINDUSTAN Lever Ltd (HLL), by inducting Mr S. Ramadorai, Chief Executive Officer of Tata Consultancy Services, as an independent non-executive director on its board, has scored an equaliser. This is because about a year ago, Mr K.B. Dadiseth, ... More
NEW PRODUCTS & SERVICES Radio City goes on air in Mumbai ALMOST a year since launching the country's first private FM radio station in Bangalore, Radio City 91 FM has made its debut in Mumbai. The service follows earlier launches of FM stations in the city by Millennium Broadcast, Entertainment ... 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. 12-May. 18 `Indo Gulf still thinks fertiliser makes good business' Digital to gain from HP-Compaq merger Tata's open offer for VSNL oversubscribed Suzuki to take wheel at Maruti: Rights issue at Rs 3,280 a share Qatar Petro seeks nod for airline jt venture with Gesco, UB Air Citicorp Finance to take stake in 2 Shriram cos Vanishing cos: `DCA to go for hot pursuit' |
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