The Hindu Business Line : Monday, September 16, 2002

UMW Ind sitting pretty with tech update
WHILE the traditional majors in the textile machinery manufacturing line had found it hard to cope with the pressures from within and outside, an old guard managed to withstand the storm by venturing into non-traditional textile machinery ... More

CORPORATE DISPUTES

BSNL threat to divert traffic through Bharti, Data Access — VSNL mulls legal action against DoT
VIDESH Sanchar Nigam Ltd (VSNL) is contemplating legal action against the Department of Telecommunications (DoT) if Bharat Sanchar Nigam Ltd (BSNL) stops routing the outgoing international traffic of its subscribers through its network, in favour ... More

OVERSEAS BORROWINGS

ECB investment in realty, full pre-payment allowed
THE Union Government on Sunday further liberalised the guidelines for External Commercial Borrowings (ECBs) to allow 100 per cent pre-payment of outstanding commercial debt by companies and also utilisation of ECB proceeds for investment in the ... More

AWARDS & HONOURS

Quality does it
Three Indo-Thai organisations hit the headlines in Bangkok recently by winning the prestigious Deming Quality Award and the TPM Excellence Award. The former is given by the Union of Japanese Scientists and Engineers JUSE) and the latter by the ... More

AIMO awards announced
A.P Paper Mills Ltd has been selected the best performer in the large and medium-scale sector, while Mr B. Ramalinga Raju, Chairman of Satyam Computers Services Ltd have been selected for the outstanding industrial achievement for the year 2002 ... More

COURTS/LEGAL ISSUES

Madras HC dismisses criminal suit against co official
THE Madras High Court has held that "bald" allegations against a director of a city-based company, without any material whatsoever as to the participation of himself in the conduct of the business and the affairs of the Company, would not be ... More

INTERVIEW

`We will bid for SCI at realistic levels' — Mr Sashikant Ruia, Chairman of Essar group
WHAT took-off as a small Chennai-based construction company in 1969 called Essar Construction, founded by two sons of a city trader and contractor N.K. Ruia, is today a well-known industrial group in the country. Over the past 33 years, the Essar ... More

OUTLOOK

Hyundai to step up exports
HYUNDAI India Motor Ltd plans to scale up its exports from 7,000 cars to about 7,500 cars. "We expect to export cars to Indonesia, Nepal and Algeria next month. Seventy per cent of the exports comprise Santros and the rest are Accent cars. ... More

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`We will bid for SCI at realistic levels' — Mr Sashikant Ruia, Chairman of Essar group

Ghee prices harden on higher edible oil prices

`Nasscom going all-out to crack down on piracy'

`India not geared for export industries' — Mr M. Arunachalam, Chairman, Indian Chamber of Commerce, Hong Kong

`Airports privatisation awaiting Cabinet nod'

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Sep. 8-Sep. 14
`Tata Chem to retain equity investments in group cos'

Indian Hotels acquires Regent Hotel — Makes North Mumbai entry with Rs 452-cr deal

Gujarat HC approves RIL-RPL merger