The Hindu Business Line : Monday, June 03, 2002

Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure
THE Finance Ministry has decided to refer the controversial case of private placement of equity by Reliance Industries Ltd (RIL) with the Unit Trust of India (UTI) aggregating Rs 1,000 crore in 1994, to the Central Vigilance Commission (CVC) for ... More

Rs 9,063-cr shortfall in tax revenue -- Fiscal deficit overshoots target by Rs 4,490 crore
The 2001-02 Budget had targeted a total expenditure of Rs 3,75,223 crore. As against this, the revised estimate came to Rs 3,64,436 crore and the final figure was Rs 3,59,070 crore. More

LML to recast debt, prune workforce
LML Ltd, the country's third largest scooter maker, is planning to recast debt and restructure its workforce as part of a turnaround plan, its Managing Director, Mr Deepak Singhania, has said. The Kanpur-based two-wheeler firm, which made a ... More

CEO branding comes of age
"COMMUNICATION is depositing a part of yourself in another person," is an oft-quoted maxim and that is what some Indian companies are literally trying to do. They are depositing their CEOs right into your drawing rooms and hoping that their ... More

Widia to seek nod for buy-out by Swiss parent
WIDIA (India) Ltd will apply to the Foreign Investment Promotion Board (FIPB) within the next few weeks seeking permission for the company's foreign promoters - Meturit AG - to buy out the Indian partners in the company. Company officials ... More

India Inc sees better days ahead: CII survey
EVEN as war clouds gather, a majority of respondents of the Confederation of Indian Industry (CII) Business Outlook Survey have expressed optimism about business prospects in the next six months. This has been indicated in a preliminary ... More

Cricket, as always, is top scorer in ratings
LITTLE wonder that big bucks go into cricket. The first international test series of the year between India and West Indies brought in viewers by the hordes. The second test match on Star Sports garnered 10.29 television-rating points (TRPs). ... More

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