Financial Daily from THE HINDU group of publications
Monday, July 22, 2002
Financial Daily from THE HINDU group of publications Monday, July 22, 2002 |
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CORPORATE ANNOUNCEMENTS PowerGrid's new transmission line to be ready by August POWER Grid Corporation of India Ltd (PGCIL) will commission the 500-kilo volt high voltage direct current (HVDC) transmission by August. Speaking to reporters here on Sunday, the PGCIL Chairman and Managing Director, Mr R.P. Singh, said that ... More
Delta Jute Mill reopens; resolves labour dispute ACCOUNTING STANDARDS Corporate sanctity — MNCs' double standards LAST year, a few days before he quit his assignment in India, a top US diplomat chose to hector the Union Government and Maharashtra State officials on the sanctity of agreements and contracts. The lack of sanctity for project contracts, ... More
A tryst with trust PRIVATE PLACEMENT Coke mulls phased divestment COCA-COLA is contemplating a fresh proposal of phased disinvestment of its Indian subsidiary, Hindustan Coca-Cola India Private Ltd. This follows the US major's inability to get a waiver or definite extension of time within the stipulated ... More
FIPB waiting for clear plan SHORT TERM INSTRUMENTS Crisil reaffirms NCD, CP ratings CRISIL has reaffirmed the ratings assigned to Hindalco Industries Ltd's non-convertible debenture programme and commercial paper programme. The non-convertible debenture programmes have been assigned `AAA' ratings and the commercial paper ... More MERGERS & ACQUISITIONS 
Indo Gulf's copper business to be merged with Hindalco — Share swap ratio at 1:12IN a bid to propel Hindalco Industries Ltd on to the global non-ferrous metals arena, the Aditya Birla group today decided to merge Indo Gulf Corporation Ltd's (IGCL) copper business with Hindalco. Size and higher earnings potential were the ... More INTERVIEW 
`Support to auto sector, global trade norms can exist together'"Eucar is a consortium of European auto manufacturers and the European Parliament uses this forum very effectively to promote R&D activity and skill development. This is just one example" More OUTLOOK Aksh to raise more funds through debt AKSH Optifibre Ltd, the Gurgaon-based, optical fibre cable manufacturer, has finalised plans to raise more funds through debt. Speaking to Business Line, Mr Umrao Khivsara, the Chief Financial Officer of the company, said, ``we have tied ... More PERFORMANCE ECONOMIC OFFENCES `RPL public issue funds used for paying call money' THE funds raised by Reliance Petroleum Ltd (RPL) through its public issue in 1993-94 were routed through privately-owned Ambani companies for paying call money of H-series debentures of Reliance Industries Ltd (RIL), according to an inspection ... More PEOPLE 
Who will inherit Dhirubhai's mantle?DHIRUBHAI Ambani, the entrepreneur who emerged as the tallest industrial leader in India in the last two decades, transformed the industrial landscape just as Jamshed Tata and G. D. Birla did in their times. Starting his career in Aden earning ... 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. 14-Jul. 20 SAIL posts higher turnover in Q1 The internal auditor shall inherit the earth Lafarge to build Rs 150-cr Bengal plant in two years Novartis sues Dr Reddy's in US for patent breach |
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