The Hindu Business Line : Saturday, September 07, 2002

Rs 12.5-cr infusion to fund expansion — Promoters to hike stake in Sathavahana Ispat
THE promoters of Sathavahana Ispat Ltd (SIL), the Hyderabad-based Rs 94-crore pig iron and granulated slag manufacturer, are planning to invest Rs 12.5 crore in the company to part-finance the proposed expansion-cum-modernisation programme. This ... More

ANNOUNCEMENTS

Indo Rama raises product prices
THE Rs 1,900 crore Indo Rama Synthetics (I) Ltd (IRSL) has effective September 1, increased the basic prices of most of its product range including polyester staple fibre (PSF), partially oriented yarn and polyester chips. This increase comes ... More

Cafe Coffee Day kiosks at BPCL outlets
BHARAT Petroleum Corporation and Bangalore-based coffee chain Cafe Coffee Day, owned by Amalgamated Bean Coffee Trading Company Ltd, on Friday announced an alliance to open Cafe Coffee Day outlets in select In&Out BPCL petrol pumps. The outlets ... More

OVERSEAS BORROWINGS

Full pre-payment of ECBs allowed
THE high-level committee on external commercial borrowings (ECBs) headed by the Finance Secretary, Dr S. Narayan, has approved a proposal to completely ease the restrictions imposed on Indian companies on pre-payment of outstanding ECBs. Indian ... More

AUDITING

Rs 31-cr investment in NetMos — Auditors qualify MosChip accounts
GOKHALE & Company, statutory auditor of MosChip Semiconductor Technology Ltd, the Hyderabad-based loss-making chip design and product development company, has qualified the accounts of the company for the year ended March 31, 2002. These ... More

OUTLOOK

Yamaha to outsource bikes from Indian arm
"In terms of revenue, the US and Europe may be larger because we sell big bikes there, but after some time, India will be our biggest market in terms of sales volumes." More

TTK Prestige eyes Rs 3-cr net profit
COOKWARE major TTK Prestige Ltd plans to report a net profit close to Rs 3 crore in the current financial year, up from Rs 69 lakh last year, Mr Chandru Kalro, Senior Vice-President, TTK Prestige Ltd, said. The company expects to report revenue ... More

Toyota Kirloskar targets 14,700 `New Qualis' units
TOYOTA Kirloskar Motor Ltd (TKML) has targeted sales of 14,700 units of the new model of the Qualis, called the New Qualis, between September and December. This would take the company's total sales for the year to 29,700 units, according to Mr ... More

Tefal sees 35% growth through Moulinex — Plans print campaign
TEFAL India Household Appliances Pvt Ltd, the Indian subsidiary of Groupe SEB of France, expects a 35 per cent growth in business with the launch of its brand, `Moulinex' during the year. "With the Moulinex brand under our umbrella, we expect a ... More

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`E-courts' in metros from next year

Yamaha to outsource bikes from Indian arm

Virus alert from IBM

PSU insurance cos cancel long-term accident schemes

Air India may join `One World'; more slots in London likely

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