Financial Daily from THE HINDU group of publications
Friday, August 02, 2002
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Financial Daily from THE HINDU group of publications Friday, August 02, 2002 |
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CORPORATE ANNOUNCEMENTS Intl Tractors to pay 350% NEW DELHI: International Tractors Ltd sold 17,002 tractors during the financial year 2001-02, a growth of 26 per cent. It has also declared a dividend of 350 per cent for the financial year ending March 31, 2002 (100 per cent). ... More
Mortgaging assets to IFC — Usha Beltron to seek shareholders' nod BUYBACK SRF Polymers board to consider buyback plan THE board of directors of SRF Polymers Ltd is to meet on August 6 to consider a proposal for buying back the fully-paid equity shares of the company. Interestingly, the move of the board to consider a buy-back proposal comes less than six ... More
LIC sells entire stake in Reckitt under buy-back ACCOUNTING STANDARDS Changing role of the auditor CORPORATE frauds of very serious nature have been surfacing in the US in the past few months. Initially, it was the virtual collapse of the energy giant Enron and the controversies of its auditing firm, the leader among the top five global audit ... More CORPORATE DISPUTES SPIC foreign ventures in legal wrangles MCN Energy Enterprises Inc of the US, an erstwhile co-promoter of SPIC Fertilisers and Chemicals FZE, Dubai, has sued Southern Petrochemical Industries Corporation (SPIC) for non-payment of dues against a promissory note executed by SPIC. The ... More MANPOWER Tata Tea VRS next month TATA Tea Ltd has decided to introduce an employee separation scheme sometime next month. This was communicated to the Bombay Stock Exchange on Tuesday after the announcement of the first quarter results. Though the company officials preferred ... More MERGERS & ACQUISITIONS Birla group to exit MRPL THE A.V. Birla group today formally decided to exit from Mangalore Refinery and Petrochemicals Ltd, its troubled joint venture with the public sector Hindustan Petroleum Corporation Ltd (HPCL). The group is getting out of the oil sector, taking a ... More
ONGC all set to acquire MRPL
It's action time at BSL NEW PROJECTS Heritage Foods to set up 4 more processing units HERITAGE Foods (India) Ltd (HFIL), engaged in the business of milk and milk products, is setting up four more milk procurement and processing centres during the current fiscal at a cost of Rs 8 crore. "With the commissioning of the four new ... More
Pepsi forays into seaweed farming
Outlook mulls TV software unit — Plans more niche magazines
INTERVIEW 
`Deft financial management yielding results at Whirlpool'DESPITE tough market conditions, Whirlpool of India Ltd is targeting a growth of 15 per cent in topline for 2002. The company is now set to further consolidate its position in the top of the line segment. Currently, Whirlpool of India is ... More BONUS ANNOUNCEMENTS 
Marico proposes bonus pref sharesMARICO Industries Ltd's board has proposed an issue of bonus redeemable preference shares of Rs 29 crore in the ratio of one fully paid-up preference share of face value of Rs 10 for every one equity share held in the company. The redeemable ... More SICK UNITS SIV Industries `sick' THE Board for Industrial and Financial Reconstruction (BIFR) has declared the Sirumugai-based SIV Industries Ltd sick. SIV Industries was hitherto the only viscose fibre manufacturing unit in the South. ICICI has been named as the operating ... More
HC extends order on Jessop sell-off OUTLOOK Radico Khaitan targets Rs 100-cr sales of foreign liquor brands LIQUOR major Radico Khaitan Ltd is eyeing around Rs 100 crore of sales from its sole distributorship agreements with foreign brands during the next year. This will be above its existing sales of its own brands. According to Mr Vijay K. Arora, ... More
MCF plans roadmap for chemicals biz 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 Small Investor Looking back Jul. 21-Jul. 27 Oversight board not necessary: ICAI chief Who will inherit Dhirubhai's mantle? Corporate sanctity — MNCs' double standards ICRA to wave `ethical wand' at corporates 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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