Financial Daily from THE HINDU group of publications
Wednesday, May 29, 2002
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Financial Daily from THE HINDU group of publications Wednesday, May 29, 2002 |
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CORPORATE MODERNISATION Tata Steel spends Rs 200 cr on furnace upgrade TATA Steel has rebuilt and upgraded its 43-year-old blast furnace in a shutdown time of 105 days and at a cost of around Rs 200 crore. The furnace was blown in on May 22. With this upgradation, Tata Steel, which is already the lowest cost ... More ANNOUNCEMENTS VSNL to invest Rs 1,200 cr in Tata Teleservices THE board of Videsh Sanchar Nigam Ltd has decided to invest up to Rs 1,200 crore in the share capital of Tata Teleservices Ltd, the basic telephony services company in the Tata fold. "The strategic investment will be in tune with the company's ... More
MERGERS & ACQUISITIONS Sardas to continue buying into BSL -- Talks on for open offer THE city-based jute group, the Sardas, will continue to buy into BSL Ltd even after increasing its stake to a little over 12 per cent. The group is currently talking to merchant bankers to make an open offer soon. The Sardas group, which owns ... More NEW PROJECTS Vertebrand sets up shop in Chennai, Hyderabad THE Bangalore-based Vertebrand Management Consulting, a brand management consultancy, is expanding its operations to Chennai and Hyderabad. Started in 1999, the company received initial funding from Mr R.Vasu, an entrepreneur who made his ... More
Carlson group plans 13 Radissons in India -- Signs up for a new hotel in Noida REGULATORY BODIES & RULINGS CII not in favour of recordings EVEN as the Government is to take a final view on allowing companies to hold board meetings through video/tele conferences, the Confederation of Indian Industry (CII) has opposed any moves that would stipulate the video/tape recording of the ... More ALLIANCES & JOINT VENTURES Keltron ties up with CMC THE public sector Kerala State Electronics Development Corporation (Keltron) has signed a memorandum of understanding with CMC Ltd for implementing advanced IT solutions for power systems. This involves energy management and demand side ... More INTERVIEW 
CPCL looks to rein in costs with optimum crude buysTHE refinery industry is going through a tough time, what with the margins ever shrinking. Chennai Petroleum Corporation Ltd (CPCL), the biggest company in South India with a turnover of Rs 6,273 crore last year, is challenged by the reality of ... More OUTLOOK LG revises colour TV sales target upwards BULLISH about growth in the colour television (CTV) segment, LG is targeting its consumer electronics division to grow from Rs 757 crore last year to about Rs 1,300 -1,400 crore this year, accounting for approximately 50 per cent of its total ... More
BaaN shifts focus to solutions
GE India sees 10-12 pc revenue growth
Daksh sees big jump in revenue; to invest more Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories 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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