Financial Daily from THE HINDU group of publications
Tuesday, July 23, 2002
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Financial Daily from THE HINDU group of publications Tuesday, July 23, 2002 |
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CORPORATE RESEARCH & DEVELOPMENT Shasun plans new R&D unit SHASUN Chemicals and Drugs Ltd is investing Rs 40 crore in the next three years to set up new research and development facility close to Chennai. According to Mr S. Abhaya Kumar, Joint Managing Director of Shasun, the company is in the process ... More ANNOUNCEMENTS Nordisk suspends Dr Reddy's molecule trials IN what could be a major blow to the basic drug discovery activities of Dr Reddy's Laboratories Ltd, global pharmaceutical giant Novo Nordisk announced its decision to suspend the ongoing clinical trials on the anti-diabetic molecule of Dr ... More ACCOUNTING STANDARDS ICAI to examine Crisil study on blue-chip cos EVEN as a Crisil study showing variance in profits calculated by the rating agency to those reported by a number of blue-chip companies for 2000-01 had not faulted the chartered accountants, the Institute of Chartered Accountants of India (ICAI) ... More OPEN OFFERS Bayer's offer for Aventis `delayed' BAYER CropScience AG today said its proposed open offer to the shareholders of Aventis Crop Science India Ltd will be "delayed" due to additional information required by the Securities and Exchange Board of India (SEBI) from Ambit International, ... More
Parent to make open offer for Madura Coats ESOPS Silicon Valley in a fix over Coke move COKE'S recent move to expense stock options — mimicked by other US corporates frantic to clean up their financials, regain credibility and, by extension, pump up the value of their stocks — has caused consternation in Silicon ... More AUDITING ICAI may seek nod for multi-disciplinary firms THE Central Council of the Institute of Chartered Accountants of India (ICAI) is set to suggest to the Government that chartered accountants be permitted to establish multi-disciplinary firms so long as a separate firm is constituted for ... More ENVIRONMENT Pollution control at Phillips Carbon unit THE Kochi unit of Phillips Carbon Black Ltd (PCBL), which was recently enmeshed in controversy over carbon dust pollution in its premises, has installed various pollution control equipments in the unit at an investment of Rs 7 crore. The ... More MERGERS & ACQUISITIONS Hindalco - Indo Gulf: Merger moves and the larger picture THE proposed merger of Indo Gulf Corporation's copper business with Hindalco Industries' is poised to create a non-ferrous metals powerhouse in the country. There is no doubt that this merger is dictated by considerations of "size" and aimed ... More
Fertiliser operations: More cash for shareholders CORPORATE GOVERNANCE ICRA to wave `ethical wand' at corporates EGGED on by the Securities and Exchange Board of India (SEBI), ICRA Ltd has stepped up its efforts to popularise the new barometer to measure ethical corporate practices — Corporate Governance Rating (CGR). ICRA is hoping that a larger ... More STANDARDS & BENCHMARKS New tank truck security system from IOC INDIAN Oil Corporation (IOC) on Monday launched a new customer service initiative in Andhra Pradesh. The new tank truck security system is expected to ensure correct delivery of quality and quantity of fuel to the retail outlets (petrol pumps) to ... More OUTLOOK Tencel hopes to double sales next year TENCEL Ltd, a member of the Acordis group, is hopeful that the consumption of Tencel fibres in the country would double from its current levels during the calendar year 2003. Tencel is Acordis' brand name for iyocell, which is a cellulosic fibre ... More PERFORMANCE HLL: Incipient signs of revival? THE second quarter of fiscal 2002 appears to have brought some colour back into Hindustan Lever's performance. True, net sales have continued to shrink, declining by 9.3 per cent in the second quarter (against 9.9 per cent in the first). ... More
`Power brands' drive HLL; hopes on herbal foray 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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