The Hindu Business Line : Saturday, June 08, 2002

DVC board meet to consider SBU proposal
It was being felt that the organisational rejig was the need of the hour if DVC were to face the emerging challenges of the times. More

Orchid Chemicals bets on restructuring to spark growth
ORCHID Chemicals and Pharmaceuticals Ltd hopes that an extensive round of restructuring will revive its fortune in the near future. According to Mr K. Raghavendra Rao, Managing Director of Orchid, the company is going through a phase of staff, ... More

MERGERS & ACQUISITIONS

Morepen Lab acquires Lifespring for Rs 12 cr
WITH the acquisition of Burnol still fresh in mind, Morepen Laboratories Ltd (MLL) today announced its foray into retail through the acquisition of the New Delhi-based Lifespring, a chain of health and beauty stores. Mr Sushil Suri, Chairman ... More

Shareholders okay Duracell unit sale

NEW PROJECTS

Apollo Tyres expanding capacity at Perambra unit -- Plans for Kalamassery plant shelved
APOLLO Tyres Ltd (ATL) has commenced work on expanding the capacity of its factory at Perambra in Kerala's Thrissur district while it has shelved its proposal to expand and modernise the unit at nearby Kalamassery. Expansion of the Perambra ... More

REGULATORY BODIES & RULINGS

DCA cell settles 266 complaints

ALLIANCES & JOINT VENTURES

TVS-E, Tech Pacific in distribution tie-up
IN a bid to strengthen its distribution network, the computer peripherals manufacturer, TVS Electronics Ltd (TVS-E) has announced that it is entering into a partnership with IT distribution company, Tech Pacific (India) Ltd. Tech Pacific will ... More

SICK UNITS

IDBI directed to modify Mafatlal revival scheme
IN the light of the objections to the draft rehabilitation scheme (DRS) for Mafatlal Industries Ltd (MIL), the Board for Industrial and Financial Reconstruction (BIFR) has directed the Industrial Development Bank of India (IDBI) to modify the ... More

OUTLOOK

Will Traco emerge from the blues?
FERGUSONS, which was appointed by the State Government to study the problems and restructuring of the public sector, Traco Cables Ltd, has presented its report to the Government. The report would be discussed by the board of directors of the ... More

Cosmo working to push demand for BOPP films
COSMO Films Ltd, which reported a 102 per cent increase in profit after tax at Rs 23.2 crore for 2001-2002, is working on the development of new applications in BOPP films (bi-axially-oriented polypropylene films) to expand the domestic market ... More

PERFORMANCE

Funds infusion, debt recast to help in Kitply turnaround
SUPPORTED by a recently formulated financial restructuring programme and with fresh infusion of funds, the management of Kitply Industries Ltd hopes to effect a turnaround within a year or two. According to Mr P.K. Goenka, Managing Director, ... More

Kochi Refineries hit hard by TN entry tax
WITH a formidable entry barrier erected by Tamil Nadu, the movement of petroleum products from Kerala to the southern and western districts of Tamil Nadu is coming under increasing strain. Kochi Refineries Ltd (KRL), the prime supplier to the ... More

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KVB bonus, rights issues in July

TRAI favours low licence fee for `receive only' VSATs

BoI to cut 5,000 more jobs -- Second VRS in another 3 months

Indian promoters of pvt banks can hold 49 pc

India, Lanka open Nafta-type trade ties

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
May. 26-Jun. 1
Akzo Nobel sets up global R&D centre near Bangalore

Maruti will remain Indian: Suzuki

Beating the Recession -- I: Testing times, trusted production values

Reckitt Benckiser seeks nod to buy out Indian arm

`GSPC is moving up the value chain'

Grasim ups stake in L&T by 2.84%