Financial Daily from THE HINDU group of publications
Thursday, September 05, 2002
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Financial Daily from THE HINDU group of publications Thursday, September 05, 2002 |
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CORPORATE ANNOUNCEMENTS GKB Rx Lens IPO in near future THE Rs 30-crore turnover GKB Rx Lens Pvt Ltd has decided "in principle'' to go public in the near future. Modalities are being worked out, according to Mr Lalit Gupta, Director (Marketing), of the company. In the run-up to the proposed ... More
Rural housing: Tata Steel may tie up with Canadian co
Ranbaxy's OTC products to hit the shelves next month BUYBACK Britannia to buy back at Rs 650 BRITANNIA Industries Ltd on Wednesday announced a buyback of its fully paid-up equity shares at Rs 650 per share aggregating an amount not exceeding Rs 92 crore. The buyback offer will open on September 5 and close on August 5, 2003 or earlier ... More
Board approves India Hume buyback plan OVERSEAS BORROWINGS Plan to allow higher ECB pre-payments THE Government and the Reserve Bank of India are now considering a policy change to allow higher pre-payment of external commercial borrowings (ECBs). The ECB policy now permits companies to pre-pay up to 10 per cent of outstanding ECBs once ... More AWARDS & HONOURS ECIT bags computer education award ECIT, the computer education division of the public sector, Electronics Corporation of India Ltd (ECIL) has been given the computer literacy excellence award for 2002 for its efforts in Shimla schools. The awards for quality IT education ... More
Award for Kiran Mazumdar Shaw ACCOUNTANCY ICAI in tie-up with UK institute THE Institute of Chartered Accountants of India (ICAI) and the Institute of Chartered Accountants in England and Wales (ICAEW) have agreed to consider further initiatives towards the possibility of recognition of training imparted to members of ... More HUMAN RESOURCES SAB not to poach execs from rivals IN an unusual strategy, South African Breweries (SAB), the world's second largest brewer, is likely to avoid poaching executives from domestic majors such as United Breweries (UB) and Shaw Wallace & Co (SWC) for its Indian operations. SAB India ... More MERGERS & ACQUISITIONS Jubilant, Max India clear acquisition THE New Delhi-based Jubilant Organosys on Wednesday announced that it would acquire the Active Pharmaceuticals Ingredients (API) plant of Max India, located at Nanjangud, Mysore, at a total consideration of Rs 69 crore. Both companies cleared ... More
Indian Hotels set to take over Regent NEW PROJECTS Videocon to pump Rs 500 cr into Hyderabad facility VIDEOCON International, the country's largest consumer electronics manufacturer with a turnover of over Rs 4,500 crore, plans to pump Rs 500 crore into its Hyderabad facility over the next three to four years. The fast moving consumer goods ... More REGULATORY BODIES & RULINGS DCA guidelines for audit panel expected shortly THE Department of Company Affairs (DCA) will shortly come out with rules and guidelines for the audit committee. Mr R. Vasudevan, Director, DCA, said this while inaugurating a seminar on `Dynamics of audit and directors' responsibility' ... More DIVERSIFICATION Pokarna to set up garment unit POKARNA Ltd, formerly known as Pokarna Granites Ltd, has embarked upon an expansion-cum-diversification programme involving an investment of Rs 22.5 crore. The company is setting up Rs 10-crore ready-made garments manufacturing unit and expanding ... More SICK UNITS Review meet today to expedite turnaround plan for NTC mills Official sources said the review meeting to be chaired by the Secretary, Textiles, Mr S.B. Mohapatra, would basically attempt to obtain inputs for expediting the turnaround strategy for the NTC mills. More OUTLOOK Toyota hopes to roll out small car in 3 years TOYOTA Kirloskar Motor Ltd (TKML) is planning to introduce a small car in the Indian market. "We will be looking to launch a small car into the Indian market as it is the largest volume segment. We are currently undertaking a market research ... More
Honda eyes India as export hub for two-wheelers
Hind Motor bullish on export of design services
ICICI OneSource eyeing acquisitions in US — To hire 500 more by October-end
Hero Honda hopes to sell 1.8 m units PERFORMANCE Hind Motor to invest Rs 25 cr in making engines for Ikon HINDUSTAN Motors Ltd will have to invest around Rs 25 crore at its Indore plant, to produce Ikon engines for Ford India. The agreement for the contract manufacture was effected earlier this year. HM has begun supplying the engines on a test-basis ... More
Hyundai Aug sales up 19.3% 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. 25-Aug. 31 Rain Calcining contests wheeling charges order `BG Group ready to pump in $250 m more in India' Dr Reddy's in healthy frame — To tap US market with branded formulations What put TVS Motor on the fast track again Sardas may revise offer price for BSL — Promoters planning counter offer? Bajaj gearing up for `rural bike' launch SEBI proposes `corporate governance rating' soon — In touch with Crisil, ICRA |
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