The Hindu Business Line : Thursday, June 06, 2002

`Dramatic turnaround' for Tata Engg in Q4
The company's car project has reduced losses, its operating profit margins having "more than tripled" from the two per cent of 2000-2001. More

Bidders wary of stiff covenants in SCI deal
LIMITED operational freedom due to the stiff covenants spelt out by the Government is worrying the bidders vying for a controlling stake in Shipping Corporation of India (SCI), possibly affecting the valuation of the 51 per cent stake being put ... More

Some tax payers allowed to use old Saral form
THE Government today notified simplified income-tax filing procedures by giving the option to individual tax payers with income up to Rs 2 lakhs to file returns in the old Saral form (Form 2 D). Non-corporate tax payers with total income of ... More

Bayer CropScience open offer for Aventis at Rs 157
BAYER CropScience is making an open offer to acquire 32.92 per cent equity stake in Aventis CropScience at a price of Rs 157 per share. Currently, Bayer CropScience does not hold any shares in Aventis CropScience. However, Bayer CropScience ... More

No certainty over Inmarsat, Intelsat IPOs: VSNL
VIDESH Sanchar Nigam Ltd (VSNL) has said there is no certainty about the proposed initial public offerings of Intelsat and Inmarsat, either on the matter of their pricing or the number of shares offered. There is no certainty that these IPOs ... More

Kalyani Brakes Japanese ally to offload stake
AT a time when hordes of Indian promoters are selling off to the foreign partners in their joint venture outfits, the Indian promoters of Kalyani Brakes Ltd (KBL), the Pune-based Baba Kalyani group, is moving against the trend and bringing down ... More

Bisleri in `troubled waters'
IN what appears to be a storm over a bottle of water, the market-leader of the estimated Rs 1,000-crore packaged water industry, Bisleri has run into a minor ripple. In late April, the company was issued a show-cause notice by the Bureau of ... More

ORG pegs BPL on top; LG differs
THIS is bound to kick dust. The latest ORG-Marg figures indicate BPL's continued stint at the top of the Indian colour television (CTV) market while in recent weeks, LG has made independent claims to leadership position through advertisements and ... More

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