Financial Daily from THE HINDU group of publications
Tuesday, August 13, 2002
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Financial Daily from THE HINDU group of publications Tuesday, August 13, 2002 |
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CORPORATE ANNOUNCEMENTS SRF Poly to seek nod for commission to directors THE Rs 140-crore SRF Polymers Ltd is to seek shareholders nod on August 21 for payment of commission to the directors of the company for a period of five financial years commencing from April 1, 2002. If a special resolution were passed at the ... More OPEN OFFERS Sardas to make open offer for BSL at Rs 80 THE Sardas have applied to the Securities & Exchange Board of India (SEBI) for making an open offer to the shareholders of BSL Ltd for acquiring 30 per cent stake in that company. Industry sources said the application was filed on Monday and ... More IPR 
Electrolux to patent `washy talky' techELECTROLUX Kelvinator Ltd (EKL), part of the $14- billion Electrolux group, has applied for a patent for its latest "washy talky" technology. The technology works on an interactive voice response system, which guides the user of the washing ... More CORPORATE BONDS Crisil reaffirms L&T NCD issue rating Crisil has reaffirmed the AA plus rating assigned to 14 different non-convertible debenture issues of Larsen & Toubro, amounting to Rs 2,478 crore. Crisil has also reaffirmed the FAAA rating assigned to the fixed deposit programme of the ... More MERGERS & ACQUISITIONS Glaxo to sell stake in Meghdoot GLAXOSMITHKLINE Pharmaceuticals Ltd is to sell its stake in Meghdoot Chemicals Ltd to Maneesh Pharmaceuticals Pvt. Ltd. In a notification to the BSE, GlaxoSmithkline Pharma said the company had entered into a memorandum of understanding (MoU) ... More NEW PROJECTS 
Work begins for GM's Panther launch in '03CAR manufacturer General Motors India has zeroed in on its next offering for the Indian market, the popular MUV Panther from the Isuzu stable for a December 2003 launch. Top company sources in the Capital told Business Line the company ... More BONUS ANNOUNCEMENTS HLL shareholders okay bonus debentures SHAREHOLDERS of Hindustan Lever Ltd (HLL) approved the bonus debenture scheme of the company at the Bombay High Court-convened meeting held on August 9. The company said 430 shareholders holding 126.10 crore shares, representing 99.9994 per ... More STANDARDS & BENCHMARKS You'll soon know of colas' contents CONSUMERS confused on whether colas contain caffeine will soon have their dilemma resolved. The Union Health Ministry is planning to come out with specific labelling provisions for products containing artificial sweetners, like Diet Colas, for ... More OUTLOOK Arvind expects to post 10 pc growth in turnover ARVIND Mills Ltd (AML) expects a 10 per cent growth in turnover in the current fiscal. The company had reported a turnover of Rs 363 crore in year ended March 2002. "We hope to cross the Rs 400 crore-mark this fiscal-end despite the overall ... More PEOPLE Kribhco Chairman re-elected MR Chandra Pal Singh, a former member of Uttar Pradesh Legislative Assembly, a co-operator and a kisan leader, has been unanimously re-elected as the Chairman of Krishak Bharati Co-operative Ltd (Kribhco). He was chosen by the reconstituted ... More
TRENDS CEO remuneration — I : The burning issue ANY discussion on compensation in organisations has always generated considerable heat. Not only because of the unfulfilled desire for money, but also for the existence of differential pay in organisations. While differences are bound to exist in ... 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 Aug. 4-Aug. 10 SAIL: Cost control measures do the trick Corporate India still napping on fraud prevention: KPMG study Japan co to outsource from Hero Cycles Maruti to launch Esteem diesel variant this month — May sport a tag of Rs 5.5-6 lakh Indigo is Tata Engg's brand for sedan slot — New car to be `competitively priced' CEO salaries outstrip growth of profits HPCL says not interested in MRPL preferential offer |
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