Financial Daily from THE HINDU group of publications
Friday, June 21, 2002
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Financial Daily from THE HINDU group of publications Friday, June 21, 2002 |
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CORPORATE ANNOUNCEMENTS KEC International bags UAE, Iraq contracts KEC International, an Indian company operating in the power sector in the Gulf and West Asian region, has bagged two major contracts in the UAE and Iraq. KEC, which has been one of the leading players in the region in the field of building ... More
BUYBACK No stay on Sterlite buyback THE Bombay High Court on Thursday directed Sterlite Industries (India) Ltd not to cancel until June 27, 2002, shares of those shareholders who have not yet sent the Option Form. The scheme of arrangement of Sterlite to purchase 50 per cent stake ... More CORPORATE DISPUTES Pfizer sues Dr Reddy's on hypertension drug DR REDDY'S Laboratories said on Thursday it has been sued by global drug maker Pfizer Inc for allegedly infringing on its patent on anti-hypertension drug Norvasc. The Hyderabad-based firm said Pfizer had notified it on Monday that a suit had ... More ACCOUNTANCY ICAI members must continue education THE Central Council of the Institute of Chartered Accountants of India (ICAI) has made it mandatory for all members in practice to undertake continuing professional education (CPE) from January 1 next. "All members who are in practice are ... More MERGERS & ACQUISITIONS ACC to bring down stake in mining venture to 15% CEMENT major ACC plans to bring down its stake in its mining joint venture — ACC Rio Tinto Explorations Ltd — further to 15 per cent. Currently, the company holds a 25 per cent stake in this joint venture with the British mining ... More SICK UNITS Dunlop Ambattur unit workers seek State's intervention THE Dunlop Factory Employees Union staged a dharna in Chennai today demanding the State Government's intervention to enable recommencement of operations at the Dunlop factory at Ambattur. Union sources told Business Line that the ... More OUTLOOK 
Tata Engg bets on public transportation vehicles — Targets private parties, STCsTATA Engineering and Locomotive Co Ltd is not considering to enter passenger transportation business, and instead intends to aggressively market its new urban and rural models among private transporters and State transport corporations. This ... More PERFORMANCE Grim market, but Colgate manages a smile DESPITE shrinking sales, Colgate-Palmolive India has reported reasonable performance for 2001-02. The company has closed the year with 11.6 per cent rise in its net profit to Rs 69.80 crore. This is despite the continuing moribund trend in its ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jun. 9-Jun. 15 Infosys fears long-term effect of border tensions Sharp Tools plans white goods foray; IPO in 2 years Talks with contributors of UTI on new co soon SAIL raises Rs 500 cr for funding VRS CESC falters on FRN interest SAB close to buying stake in Shaw Wallace |
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