Financial Daily from THE HINDU group of publications
Monday, July 01, 2002
Financial Daily from THE HINDU group of publications Monday, July 01, 2002 |
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CORPORATE ANNOUNCEMENTS 
CNBC India keeps options open on deal with SonyCNBC India has kept the option of continuing with its distribution alliance with Sony Entertainment Television (SET) open. The channel's distribution deal with SET comes to an end next year. Mr Haresh Chawla, CEO, CNBC India said, "We will have ... More
Tetley set to save on interest with Tatas' cash infusion ACCOUNTING STANDARDS Wanted: A corporate clown YOU might well ask, "What? Another one!" But I was reminded of the old era of monarchs who would be entertained by an in-house clown. Apart from keeping the king in good humour, the clown played a useful task of being the only one who could ... More PREFERENTIAL ALLOTMENTS DCA in talks with SEBI to tighten pref allotment norms THE Department of Company Affairs (DCA) is in talks with the Securities and Exchange Board of India (SEBI) on the matter of bringing about further changes in the existing pricing guidelines and issuance norms on preferential allotment of ... More AUDITING Auditors qualify SPIC accounts AUDITORS A.F. Ferguson & Co have qualified SPIC accounts on three counts — capitalisation of the cost of borrowings made for investing in a subsidiary company (Rs 48.46 crore), and non-recognition of an interim downward revision of ... More RESTRUCTURING Dabur revamps risk management set-up — PwC appointed single internal auditor The move marks a significant departure from the company's decentralised transactions-based approach. Earlier, Dabur had been working with over 20 local internal audit firms. More NEW PROJECTS Buoyed by Tata Steel order... — BOC India to set up plant at Jamshedpur Announcing the company's investment plan here, Mr Sanjiv Lamba, Managing Director of BOC India Ltd, told newspersons that a supply contract for a period of 15 years between the two companies had been signed. More REGULATORY BODIES & RULINGS Stiffer norms soon for audit panels THE Department of Company Affairs (DCA) will soon come up with stringent rules to strengthen the functioning of audit committees in companies. The audit committee rules would ensure that Indian companies do not go the way of some of the large ... More ALLIANCES & JOINT VENTURES Pawan Hans signs MoU with CHC International IN an effort to be a more aggressive player in the global helicopter market, Pawan Hans Helicopters Ltd (PHHL) has entered into a memorandum of understanding (MoU) with the world's largest helicopter operations company, the Canada-headquartered ... More
GailTel joins hands with Bharti Telesonic
SILK, Chinese co join hands to make turbines INTERVIEW 
`Ranbaxy has its eyes firmly set on overseas markets'"In the late-1999, 65 per cent of our business was made up of Indian and raw material business. But today, it is about 43 per cent." More INCOME TAX Retrospective tax breaks for superannuation funds CORPORATES operating `approved' superannuation funds are set to qualify for income-tax breaks with retrospective effect from October 2000. The move is expected to benefit private players in the domestic insurance industry. Senior officials said ... More STANDARDS & BENCHMARKS Ex-Beatle strikes jarring note for Big Mac THE Big Mac is now facing flak from ex-Beatle, Sir Paul McCartney, who "took time out'' from his honeymoon to write to McDonald's top 100 shareholders urging them to pressure the fast-food chain to extend its "US farmed animal welfare standards ... More PERFORMANCE Haldia Petro staring down the debt barrel THE chances of the beleaguered petrochemical company Haldia Petrochemicals Ltd (HPL) clearing, by June 30, its Rs 106-crore dues to term lenders now seem remote. Consequently, the fear of being declared a non-performing asset (NPA) by banks and ... More PEOPLE Ambani's condition still critical MUMBAI: The Chief Minister of Gujarat, Mr Narendra Modi, Mr Ketan Parekh, and Mr Ashok Singhal of the Vishwa Hindu Parishad on Sunday visited the ailing Chairman of Reliance Industries, Mr Dhirubhai Ambani. There was no change in Mr ... More
TRENDS Now, a forum for India Inc's first families REPRESENTATIVES of various family - owned and managed businesses in Pune city have come together to form the Family Business Forum, an organisation that seeks to help successor generations of old business families carry the business forward ... 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. 23-Jun. 29 Ikon vrooms into the land of samba Birla VXL looking for contract manufacturers M&A activity falls 19 pc in H1 Hyundai expanding capacity -- Chennai plant to be export hub for small cars Tata Steel inks pact with TN for titanium dioxide project Sodexho getting fat with corporates' voucher-culture |
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