Financial Daily from THE HINDU group of publications
Saturday, July 20, 2002
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Financial Daily from THE HINDU group of publications Saturday, July 20, 2002 |
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CORPORATE ANNOUNCEMENTS ICI India calls AGM on directors' pay ICI India Ltd is to seek shareholders' nod at the company's forthcoming annual general meeting for payment of remuneration to the managing/wholetime directors for 2000-01, in excess of the limits prescribed under the Companies Act. The AGM has ... More CORPORATE DISPUTES Novartis sues Dr Reddy's in US for patent breach NOVARTIS Corporation, the global pharmaceutical giant, has filed a lawsuit against Dr Reddy's Laboratories Ltd, the Hyderabad-based pharma company listed on the New York Stock Exchange (NYSE), alleging patent infringement by the latter. The ... More
Pawar meets Rahul Bajaj COURTS/LEGAL ISSUES Case against sell-off move — Jessop is in core sector, says employees' union IN renewed arguments over the disinvestment issue of Jessop & Co Ltd (JCL), which began at the Calcutta High Court on Wednesday before Mr Justice Kalyan Jyoti Sengupta, the counsel of Jessop & Co Ltd Staff Association (Association) stated that ... More CORPORATE BONDS SHORT TERM INSTRUMENTS MERGERS & ACQUISITIONS 
Wipro Q1 net drops to Rs 220 cr — Buys majority stake in Spectramind for Rs 406.9 crWIPRO Ltd, which announced its first quarter results today reported higher revenues for the quarter but lower PAT year-on-year. Revenues from operations were up by 19 per cent to Rs 930 crore year-on-year (excluding revenues of Rs 3.8 crore from ... More
Visesh lines up pref issue for acquisition REGULATORY BODIES & RULINGS DCA to appoint independent officer to probe Xerox ARMED with the Company Law Board (CLB) order to initiate investigations into Xerox Modicorp Ltd to assess whether the company's management has been guilty of fraud, the department is set to appoint an independent investigating officer early next ... More SICK UNITS ICICI Bank opposes bid to wind up Kothari Petro ICICI Bank has opposed a petition filed by the Allahabad Bank before the Madras High Court, asking for winding up Kothari Petrochemicals Ltd, a part of the Chennai-based H.C. Kothari group. In March 1998, Kothari Petrochemicals, part of the ... More OUTLOOK Power disruption no damper — Tata Steel to stick to Q2 production target TATA Iron and Steel Company Ltd (Tata Steel), which lost a bit of its production owing to a power disruption between July 12 and 14, said that it was not revising its second quarter target. Responding to queries by Business Line in this ... More PERFORMANCE Pepsi reports buoyant growth PEPSI India has reported a "record" growth in the carbonated soft drink (CSD) market in the second quarter of the year ended June 30, 2002. According to a company spokesperson, Pepsi has reported a 26 per cent volume growth in the carbonated ... 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 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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