Financial Daily from THE HINDU group of publications
Tuesday, July 16, 2002
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Financial Daily from THE HINDU group of publications Tuesday, July 16, 2002 |
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CORPORATE ANNOUNCEMENTS 
Backlog for Indica V2 — Tata Engg runs 2nd shift at Pune assembly unitTATA Engineering's Pune-based passenger car manufacturing plant on Monday saw a milestone of sorts when the company commenced operations in the second shift at its final assembly, the first time ever since it kicked off passenger car business ... More
Gujral group opens centre for hospitality training BUYBACK HC okays Sterlite arrangement STERLITE Industries (India) Ltd today informed that the Bombay High Court had upheld the scheme of arrangement between the company and its equity shareholders, which envisaged purchasing up to 50 per cent of Sterlite's equity capital from its ... More ACCOUNTING STANDARDS The internal auditor shall inherit the earth The flurry of accounting scandals that has rocked corporate America in the last few months has sent high-profile financial engineers, typically armed with MBA degrees, scurrying for cover — and brought back to centre stage the lowly .... ... More CORPORATE DISPUTES Ripples in `The Millionaire Club' KARVY and Bajaj Capital, two leading distributors of financial products, are sparring over an interesting investment concept, named by the former as `The Millionaire Club'. Karvy, which claims to have introduced the concept, has alleged that ... More MERGERS & ACQUISITIONS Pfizer set to swallow Pharmacia for $60 b — May vault to 4th slot in India PFIZER Inc, the world's largest drugmaker, has agreed to buy rival Pharmacia Corp for $60 b in shares, gaining control of top-selling painkillers. The acquisition would be the biggest this year and is expected to lead to more consolidation in the ... More
Gujarat Ambuja merger plan okayed
Sumitomo joins race for SWIL NEW PROJECTS Jindal Steel's rail mill to go on stream in Q3 JINDAL Steel and Power Ltd (JSPL) is likely complete the commissioning of its Rs 400-crore `Rail and Universal Beam Rolling Mill' by September this year following which commercial production is expected to start by the end of the third quarter of ... More
Apollo `First Med Hospitals' REGULATORY BODIES & RULINGS DCA prescribes norms for financial aid from IE&PF PROFIT-MAKING associations may not be allowed to dip into the Investor Education & Protection Fund (IE&PF). However, the Committee of the IE&PF has the power to give a project to any organisation. The Department of Company Affairs (DCA) has ... More TRADE & LABOUR UNIONS TTP union urges Kerala Govt to help clear stocks THE Kerala Government has been called upon to initiate measures on a war footing to sell the mounting stocks of titanium dioxide at the State-owned Travancore Titanium Products Ltd (TTP). The call was made by the annual meeting of Titanium ... More ALLIANCES & JOINT VENTURES GSPL signs pact for gas transportation GUJARAT State Petronet Ltd (GSPL) has signed a gas transportation agreement for 0.3 MMSCMD of gas with Gujarat Industrial Power Corporation Ltd (GIPCL). This would translate into an additional annual revenue Rs 12 crore for GSPL. However, the gas ... More PERFORMANCE Shiva Cement may move into red The Rourkela-based Shiva Cement Ltd may register a loss for the financial year ended June 30, because of low product price, plant closure for almost 100 days and some external factors. According to Mr R.P. Gupta, Managing Director of Shiva ... More PEOPLE 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 Jul. 7-Jul. 13 Dhirubhai: `The sun has set today' Mumbai pays homage to its tallest tycoon — Dhirubhai passes into history Ranbaxy's anti-AIDS drugs on WHO list Amara Raja to design products for US partner LML hopes Freedom will drive it into the black |
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