Financial Daily from THE HINDU group of publications
Wednesday, July 31, 2002
Markets (July 30)
BL 2501046.90 (-13.22)
BSE Sensex2990.91.06 (-39.15)
S&P CNX Nifty960.65 (-11)
Dollar (Buy/Sell)48.65/48.73
Gold Std (10 gm)5065 (+35)

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ANNOUNCEMENTS


Blue Bunny ice-cream to quit Indian market
THE $600-million Iowa-based Wells Dairy Inc-owned Blue Bunny ice-cream, which entered the domestic market about four years back through the Indian distribution and marketing company, Sno Shack Frozen Foods Pvt Ltd, is pulling out of the Indian ... More

Asahi India splits shares
NEW DELHI: In a move aimed at increasing the number of transactions on the company's shares at the stock exchanges, Asahi India Safety Glass Ltd (AISGL) announced that it would split its shares into 10 shares for each held. The face ... More

AWARDS & HONOURS


Power stations with BHEL-built thermal sets bag awards
THIRTY-two thermal power stations in the country, equipped with generating sets built by Bharat Heavy Electricals Ltd (BHEL), have been awarded meritorious productivity awards for excellent performance from the Union Government, a BHEL press ... More

Leadership awards
THE second Asia Business Leader Awards 2002 (ABLA 2002) is being sponsored by CNBC and TNT. The award recognises excellence in leadership across the Pan Asian region. This year's theme is `Growth through leadership'. Announcing this here ... More

SICK UNITS


Profit in last 2 years notwithstanding... Ambuja Eastern to take time to get off BIFR net
DESPITE registering net profits in the last two accounting years, Ambuja Cement Eastern Ltd, a subsidiary of the cement major Gujarat Ambuja, will take a few more years to extricate itself from the Board for Industrial & Financial Reconstruction ... More

OUTLOOK


`Integrated sugar complex will shield Balrampur Chini from erratic prices'
THE new projects of Balrampur Chini Mills Ltd — an integrated sugar complex and a 20 MW power plant — will help the company to take care of all its by-products. In the process, it will help the company to insulate itself from ... More

ECONOMIC OFFENCES


229 companies in `vanished' list
THE Government on Tuesday said that 229 companies were reported to have "vanished" after mobilising money from investors in the 1990s. Of these 63 companies alone are based in Gujarat followed by Delhi with 31 companies, according to the ... More

PEOPLE


Sultans of India Inc
IT pays to head a successful company. Literally. At the top of the list of the highest paid corporate chieftains in India are the heads of two of the most successful companies in 2001-02 — Dr Reddy's Labs and Hero Honda. Dr Anji Reddy, ... More
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Top Stories
Rubber from sunflower!


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In Depth
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Jul. 21-Jul. 27
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Tata Engg's Indica to sport a higher price tag `soon'

Kyndal joins race for UDV's Indian whiskies

Revamp not to affect top brass of Indal, Hindalco: K.M. Birla

Watch out! Women at work


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