Financial Daily from THE HINDU group of publications
Tuesday, May 28, 2002
Markets (May 27)
BL 2501115.46 (-8.51)
BSE Sensex3243.41 (-12.21)
S&P CNX Nifty1062.70 (-4.30)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5330 (+15)

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ANNOUNCEMENTS


South Eastern Coalfields adopts new mining tech
SOUTH Eastern Coalfields Ltd (SECL), one of the largest coal producing subsidiaries of Coal India Ltd (CIL) has made a major breakthrough, introducing for the first time in the country, the "continuous miner'' technology at Zero Seam underground ... More

US firm offers help in debt collection
MR Ananthaswami Rajagopal emigrated to the US some 20 years ago, little did he imagine that he would end up running a company that does a unique job for its clients. It gets them money... that is owed to them. Not that there are no other ... More

MERGERS & ACQUISITIONS


Rupa & Co merging 5 group cos
THE Rs 180-crore hosiery major Rupa & Co Ltd, which is still in the process of searching for a suitable foreign brand for the premium market segment, is currently merging five of its group subsidiaries into the company. Industry sources said ... More

NEW PROJECTS


Akzo Nobel sets up global R&D centre near Bangalore
AKZO Nobel, a global player in car refinishes, announced the establishment of an international research centre in Hoskote, near here on Monday. The centre will not only play a major role in the growing market for car refinishes, but will also ... More

REGULATORY BODIES & RULINGS


Directors' duties: ICSI borrows Singapore concept
THE Institute of Company Secretaries of India (ICSI) has borrowed an idea on directors' responsibilities from a regulatory authority in Singapore. Armed with it, the institute has made a representation to the Department of Company Affairs (DCA) ... More

FIPB rejects Sony bid to buy out Discovery in joint venture
THE Foreign Investment Promotion Board (FIPB) has refused to grant advance permission to SET India Pvt Ltd (Sony Entertainment Television), a wholly owned subsidiary of the Japanese multinational Sony Corporation, to buy out the minority partners ... More

OUTLOOK


Logitech eyeing 50 pc growth
``We want to tap all the opportunities available in the Indian market, as the number of people going in upgradation of peripherals is increasing every year.'' More

PEOPLE


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  • Top Stories
    Akzo Nobel sets up global R&D centre near Bangalore


    Proof of identity may shrink pre-paid base

    ICICI gets into BPO, invests Rs 200 cr

    Variety marks banks' application of AS-17

    Strong trend in gold raises expectations

    Dairy industry upset with US Farm Bill

    Challenges before the Railways

    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


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