Financial Daily from THE HINDU group of publications
Thursday, June 27, 2002
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Financial Daily from THE HINDU group of publications Thursday, June 27, 2002 |
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CORPORATE ANNOUNCEMENTS 
Petrol variant of Bolero soonMAHINDRA & Mahindra Ltd is currently working on developing a petrol engine for its Bolero range of utility vehicles and is likely to launch the petrol variant soon. According to senior company officials, the petrol engine for Bolero is likely ... More
ICRA mulls equity in overseas cos OPEN OFFERS Cadila not to raise offer price for German Remedies CADILA Healthcare Ltd (CHL) has decided not to increase the offer price for German Remedies Ltd (GRL) which had been fixed at Rs 300 per equity share, said a company release here on Wednesday, the last day for any price revision. The scrip had ... More HUMAN RESOURCES Thermax to ring in `culture of performance' BACK in the black, Thermax Ltd, the Pune-based energy and environment major, has trained its sights on managing employee performance. Starting next week, the company will unveil a performance management system. The system, which will initially ... More MERGERS & ACQUISITIONS Moody's willing to hike stake in ICRA INTERNATIONAL credit rating agency, Moody's Investor Service today said it would consider buying other shareholders' stake in domestic rating firm, ICRA. "In case other shareholders of ICRA are interested in offloading their stake, we may ... More NEW PROJECTS 
Hyundai expanding capacity -- Chennai plant to be export hub for small carsHYUNDAI Motor India Ltd has set in motion a programme to increase its capacity to 1,50,000 units a year, in the first phase, from the present 1,20,000 and also announced its intention to make its plant here the global export hub for small cars. ... More
BPCL to set up LPG bottling unit in Bangalore IPOS BPCL issue may be priced at Rs 300 After the IPO, the stake is likely to come down further to about 57 per cent. But the Government has not ruled out the possibility of bringing down its stake in BPCL even below the threshold level of 51 per cent in this company. More
OUTLOOK 
HLL gears to tap $1-b outsourcing businessFMCG major Hindustan Lever Ltd (HLL) on Wednesday announced that it was gearing up for a $1-billion opportunity in outsourcing business from India and said it had suggested initiatives in this regard. "We have reformulated our approach to ... More
Electrosteel aims high in DI pipes PEOPLE Ambani's condition still critical MR Dhirubhai Ambani, Chairman, Reliance Industries Ltd, continued to be in a critical state of health for the second consecutive day today. The 48-hour critical period cited by doctors yesterday would end late tonight, Mr. Ambani having been ... More
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Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jun. 16-Jun. 22 Dr Reddy's tops in getting US patents Vanishing cos get show-cause notices `Bajaj group not breaking up' |
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