Financial Daily from THE HINDU group of publications
Friday, June 21, 2002
Markets (June 20)
BL 2501137.87 (+5.06)
BSE Sensex3264.02 (+21.76)
S&P CNX Nifty1070.05 (+7.15)
Dollar (Buy/Sell)48.87/49.00
Gold Std (10 gm)5280

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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

  • Kanoria Chem to pay Rs 2 per share

    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, STCs
    TATA 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
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  • Top Stories
    Mahindra unleashes Scorpio with `aggressive' pricing


    Infosys acquires unit of US co

    India to oust Vietnam for second place in global rice exports

    ING offers Rs 341 cr to hike Vysya stake to 44% — Deal with GMR at 98 pc over market price

    Cement, petro products drive core sector growth

    WorldSpace sees no threat from FM radio

    PAN must for more bank transactions

    SAIL: Can the rusting be stopped?

    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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