The Hindu Business Line : Saturday, June 15, 2002

Jay Shree Tea not to restart SSP production
JAY SHREE Tea and Industries Ltd, a B.K. Birla group company, will not start production of single super phosphate (SSP) at its fertiliser plant located in Pataudi near Gurgaon in Haryana, in an effort to reduce its losses. According to Mr R.K. ... More

Ajanta in licensing talks with 7 foreign drug cos
AJANTA Pharma Ltd is in talks with seven overseas pharma companies to license its novel drug delivery system- (NDDS) based nimeluside called Nimeludine. Mr Arvind Agrawal, Chief Financial Officer, Ajanta Pharma Ltd, told Business Line ... More

COURTS/LEGAL ISSUES

HC dismisses writ by MRF union
THE Madras High Court has held that the Labour Court was the appropriate forum for taking up cases of dismissal of workers and it was not possible for the writ court (High Court) to go into such cases. Dismissing a writ petition preferred by ... More

MERGERS & ACQUISITIONS

SAB close to buying stake in Shaw Wallace
THE $4.2-billion South African Breweries Plc has moved a step closer to buying a stake in the Jumbo Group-controlled Shaw Wallace & Co Ltd's beer business. The top officials of SAB India Ltd met with Jumbo Group management in Dubai earlier this ... More

Sequel to global acquisition -- Aventis Crop, Bayer merger may take place by year-end
MERGER of the Indian operations of Aventis CropScience into Bayer India could take place by the end of this year. According to Mr Sagar Kaushik, Country Head, Aventis CropScience (India), an announcement on the merger is expected by the ... More

B-MRP to function independently
ROGER Pereira Communications (RP) is buying over 49 per cent of stake now held by Burson-Marsteller (B-M), in the joint venture B-MRP Communications, a high-end public relations company with expertise in reputation and perception management. ... More

TRADE & LABOUR UNIONS

New jute sector initiative takes effect -- Birla Corpn unit implements productivity-linked wage pact
BIRLA Corporation Ltd of the M.P. Birla group, has become the first company in the jute sector to implement the productivity-linked wages agreement at its Soorah Jute Mill. The much talked about productivity-linked wages was signed between the ... More

ALLIANCES & JOINT VENTURES

Mahaveer Mirror, Singapore co tie up for production unit
CHENNAI-BASED Mahaveer Mirror Industries Pvt Ltd (MMI) has entered into a joint venture with AGP Pte Ltd, Singapore, architectural glass products manufacturer, for setting up a manufacturing facility for glass fabrication in Tamil Nadu. The ... More

STANDARDS & BENCHMARKS

GMP certification for ayurveda firm

OUTLOOK

Barista `brewing' Rs 100-cr turnover
THE brew is frothing. About one year after Tata Coffee Ltd acquired a strategic 34.3 per cent equity stake in Barista Coffee Company (BCC), the latter has formulated its target. The country's fastest growing coffee retail chain, eight per cent ... More

DuPont studying laminated glass potential in India
LAMINATED glass, a reinforced glass with safety and energy-saving features, is fast becoming a preferred building material, though its use is now restricted only to large commercial and office complexes. The growing trend of use of laminated ... More

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Nidhis told to attach balance sheet in application forms

SAB close to buying stake in Shaw Wallace

Infosys ties up with ADA for defence software: Exclusive team to market Autolay

Rising egg prices, exports buoy TN poultry sector

Kalam: An odyssey that does not end

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'