Financial Daily from THE HINDU group of publications
Thursday, June 13, 2002
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Financial Daily from THE HINDU group of publications Thursday, June 13, 2002 |
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CORPORATE ANNOUNCEMENTS 
Super Spinning offers premium to `Sara' growersSUPER Spinning Mills Ltd (SSML) of Coimbatore, which is making a serious bid to enter contract cotton cultivation this season, has offered to buy raw cotton from growers coming under the company-backed cultivation programme at a premium ... More
BHEL looking for strategic business alliances in IT OUTSOURCING HAL looking at work packages ALTHOUGH HAL has been outsourcing smaller components for its various projects, now the aerospace major is looking at tooling, work packages, family of assembled components and ground handling equipment. These would then be tried and tested by ... More CORPORATE BONDS SAIL raises Rs 500 cr for funding VRS STEEL Authority of India Ltd (SAIL) has raised Rs 500 crore through issue of bonds for funding its VRS, for which the much-awaited Government guarantee was received recently. Company sources confirmed to Business Line that the money was ... More NEW PROJECTS Sahara optimistic about Bengal tourism project Sahara India is developing the world's largest mangrove forest in the Sunderbans and is planning to develop it into a major tourist hub with floating vessels and world-class facilities. More REGULATORY BODIES & RULINGS Filing fee for foreign cos raised THE Department of Company Affairs (DCA) has revised the filing fees payable by foreign companies from the existing Rs 1,000 to Rs 5,000 per document. The revised rates have been made effective from May 15. DCA has made this revision under ... More TRADE & LABOUR UNIONS Lock-out at Wimco Chennai factory WIMCO Ltd has declared a lock-out at its safety-match making unit in Chennai, according to information provided by the company to the stock exchanges on Tuesday. When contacted by Business Line, company officials were not available for ... More SICK UNITS IDBI to hold meeting on Kanoria revival THE Industrial Development Bank of India (IDBI) has been directed by the Board for Industrial and Financial Reconstruction (BIFR) to hold a joint meeting of all the parties concerned to discuss the proposed changes in the draft rehabilitation ... More OUTLOOK Essel Propack eyes pharma sector for healthy growth PACKAGING major, Essel Propack Ltd (EPL), has identified the pharmaceuticals sector as a thrust area for growing the use of its products. Conversion of potential users from their currently used packaging materials to laminated tubes is among ... More PERFORMANCE Leyland's sales up 17 pc in April-May Ashok Leyland Ltd has sold 17 per cent more number of vehicles in the months of April and May, compared to those months of last year. The company sold 4,696 vehicles in the two months of the current year, as against 3,980 vehicles in the same ... More PEOPLE Uday Saxena to oversee global R&D at Dr Reddy's DR Reddy's Laboratories Ltd, the Hyderabad-based global pharma giant listed on the New York Stock Exchange (NYSE), has appointed Dr Uday Saxena as its Chief Scientific Officer (CSO). Dr Saxena was the President and Chief Executive Officer of ... More
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Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jun. 2-Jun. 8 Contract farming -- Rallis ties up with SBI; replaces ICICI Bank Cos will be able to pay dividend to pref shares from capital -- Act change in wake of telecom row `LML will ride again into glory days with mobikes' Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure `Funds no constraint for Grasim's expansion plans' |
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