The Hindu Business Line : Sunday, May 26, 2002

Aurobindo cuts HIV drug prices
AUROBINDO Pharma Ltd (APL), the Hyderabad-based Rs 1,000-crore company, has announced a reduction of up to 30 per cent in the prices of its anti-HIV drugs. In a press release here on Friday, APL said the per day cost of the globally-accepted ... More

Nava Bharat halts work on machine building division

MERGERS & ACQUISITIONS

Reckitt Benckiser seeks nod to buy out Indian arm
UK-based Reckitt Benckiser PLC (RB) has sought permission from the Foreign Investment Promotion Board (FIPB) to acquire the 49 per cent stake in its Indian subsidiary -- Reckitt Benckiser India Ltd (RBIL) - currently held by Indian public and ... More

IOC's failed attempt at IPCL -- A blessing in disguise?
HAS Indian Oil Corporation (IOC) conceded ground to Reliance in the strategic race for dominance in the country's energy sector? That is the question doing the rounds following Reliance bagging Indian Petrochemicals Corporation Ltd. (IPCL). From ... More

Kaashyap Radiant to acquire Satnet Services
THE city-based Kaashyap Radiant Systems Ltd will allot 1.8-crore equity shares of Rs 10 each at Rs 14 per share (inclusive of premium Rs 4 per share) to Satnet Services Ltd for acquiring the company, which is engaged in the business of telephonic ... More

NEW PROJECTS

Tata Steel commissions `F' blast furnace
MUMBAI: Tata Iron & Steel Company Ltd has informed the Bombay Stock Exchange that Dr T. Mukherjee, Deputy Managing Director (Steel), has formally commissioned the `F' blast furnace after rebuilding and upgradation. The `F' furnace, which was ... More

REGULATORY BODIES & RULINGS

Disclosure norms on cos' dues to SSIs tightened
THE Department of Company Affairs (DCA) has tightened the noose on India Inc by making it mandatory for companies to disclose in their balance sheets the names of all the small-scale industrial undertakings to whom they owe "any sum together with ... More

INTERVIEW

`Industry will perform well' — Mr Ashwin Dani, Vice-Chairman and MD, Asian Paints
With conditions in the broad economy not looking too good, expectations for the paint industry in fiscal 2002 were moderate if not weak. But there were some signs of improvement in user industries especially in the second half of last fiscal, ... More

PEOPLE

New Director for Indo Rama Syn

BOOKS

`Get out of moulded mindset'
FORGETTING the past and getting out of the moulded mindset is just as important as learning new tricks in trade. Companies, therefore, need to see how steep their `forgetting curve' is, as much as they focus on their learning curves, Prof C.K. ... More

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Oriental Insurance officers' plea on transfers rejected

Forex reserves dip $139 m after eight-month rise

Silver market outlook bright

Yet another normal monsoon forecast

Lightning, thunderclouds and war scenario

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
May. 19-May. 25
`Park Hotels open to ideas of going overseas'

HLL tags special dividend to bonus debenture -- Scheme modified to address income-tax problem

Hind Sanitaryware to demerge glass unit to separate co

A costly miss for Indian Oil?

Pre-1971 cos continue to dominate: CMIE study

OrbiTech merges with Polaris -- Citigroup is largest stakeholder

IOC to divest stake in ONGC, GAIL -- Over Rs 2,500-cr gain seen

Significant M&A activity in offing: A.T. Kearney survey