Financial Daily from THE HINDU group of publications
Saturday, August 10, 2002
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Financial Daily from THE HINDU group of publications Saturday, August 10, 2002 |
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CORPORATE ANNOUNCEMENTS 
Maruti launches Esteem DieselMARUTI Udyog Ltd has launched the diesel version of its mid-size car, Esteem. The Esteem Diesel, priced at Rs 5.44 lakh (ex-showroom Chennai) and Rs 5.72 lakh for the power-steering variant, will initially be available only in the southern ... More BUYBACK Godrej buyback opens on Monday MUMBAI: Godrej J Consumer Products Ltd has announced buyback of its fully paid-up equity shares of face value of Rs 4 each from the open market through electronic trading mechanism of the exchange. The maximum buyback price would not ... More
D Link to buy back shares at Rs 80 ACCOUNTING STANDARDS 
Salt & pepper for an exact recipeTHE Tatas are in the news for the wrong reasons. They are fighting a pitched battle with the accountants, whom everybody believes as belonging to a tribe that is now trying to rise from the abyss. For the lay, suddenly, there are numerous ... More PREFERENTIAL ALLOTMENTS HPCL says not interested in MRPL preferential offer HINDUSTAN Petroleum Corporation Ltd (HPCL) today said it was "not interested" in the Rs 2,000-crore preferential shares issue to be made by Mangalore Refinery and Petrochemicals Ltd (MRPL). According to analysts, the company was only completing ... More TAXATION IPCL, panchayat lock horns over Rs 17-cr tax dues EVEN as the Vadodara Taluka Panchayat has slapped a notice on Indian Petrochemicals Corporation Ltd (IPCL) for the recovery of tax dues to the tune of Rs 17 crore, the company has said the matter is sub judice and, therefore, it cannot discuss ... More HUMAN RESOURCES 
Tatas' new retirement plan: Taste of things to come?THE intention of Bombay House to reduce the retirement age of non-executive directors (N-EDs) to 70 from 75, as revealed by Mr Ratan Tata at Tata Power's AGM in Mumbai on August 6, would, when carried out, mark a departure from the position ... More RESTRUCTURING SAIL may shut Kerala stockyard STEEL Authority of India Ltd (SAIL) appears to be contemplating closure of its stockyard and offices at nearby Irimpanam and to divest the portfolio through dealership networks. SAIL is looking for consignment agencies with independent handling ... More NEW PROJECTS IC Fuels to set up LPG dispensing stations IC Fuels Ltd is poised to set up a chain of automotive LPG dispensing stations (ALDS) in Kerala. The first of such stations will come up in Kozhikode shortly which will be followed by a string of six more stations including one at Kochi, the ... More TRADE & LABOUR UNIONS Strike to protest transfers in SAIL MEMBERS of the Steel Executives' Federation of India have gone on an indefinite hunger strike from Friday to protest the transfer of 134 executives of Steel Authority of India Ltd. Talking to Business Line, Mr Brahma Mishra, Chairman of ... More ALLIANCES & JOINT VENTURES 
Apollo Tyres to use Modi factory for contract production — Precursor to takeover?APOLLO Tyres Ltd (ATL) on Friday said that the company would contract production of tyres at the manufacturing facility of Modi Rubber Ltd (MRL). It said that an agreement to this effect had been reached between the two companies. This move of ... More
Satyam to set up overseas centre for Saint Gobain arm
Citicorp, Caterpillar in financing tie-up
Bhushan group, IOC sign long-term pact
NRDC pact with IOC on energy-efficient tools STANDARDS & BENCHMARKS Ahlcon upgrading infrastructure to meet GMP norms AHLCON Parenterals (India) Ltd, the pharmaceutical division of Ahlcon group, is in the process of redesigning the technical infrastructure of its plant at Bhiwandi in Rajasthan to obtain international GMP standards. The company has already ... More SICK UNITS Lenders wary over NGEF closure BANKS and financial institutions have demanded that the outstanding liabilities of NGEF be assumed by the State Government before any closure is effected. The Karnataka State Cabinet had recently recommended the closure of the factory. Sources ... More OUTLOOK Sulzer bullish on South India SULZER India Ltd, the Indian marketing arm of the Swiss textile weaving machinery major Sulzer Textil Ltd, is bullish about widening its market base at the South Indian textile centres which have reported higher imports of second-hand ... More
Alembic's 5-year plan to achieve Rs 1,800-cr sales PERFORMANCE 
Bajaj Pulsar sales cross 50,000-markBAJAJ Auto Ltd (BAL) today informed that sales of its premium bike, Bajaj Pulsar, has crossed 50,000 units. The bike was launched in November 2001. The company was planning to ramp up production of the Pulsar to 20,000 units by October, an ... 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 Small Investor Looking back Jul. 28-Aug. 3 `BPL is going through mid-course corrections' — Mr H.N. Srinivas, Senior Vice-President, HR DCA to closely monitor buybacks Reliance to complete Phase I K-G basin drilling by Dec RPL used public issue proceeds to buy group co stocks: DCA |
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