Financial Daily from THE HINDU group of publications
Wednesday, September 18, 2002
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Financial Daily from THE HINDU group of publications Wednesday, September 18, 2002 |
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CORPORATE RESEARCH & DEVELOPMENT Dr Reddy's to beef up R&D spends THE Hyderabad-based pharma major, Dr Reddy's Laboratories (DRL) is set to beef-up its research and development (R&D) spends to eight per cent of sales by March 2003, DRL's Chief Operating Officer, Mr Satish Reddy, told Business Line here ... More ANNOUNCEMENTS Magor takes charge of George Williamson MR Philip Magor has officially taken charge of the George Williamson (Assam) Ltd by appointing himself non-executive chairman of the company. Mr Magor will replace Mr S.K. Mitra, who functioned till now as Chairman and Managing Director. Mr ... More
PRIVATE PLACEMENT US `dictates' India on Coke divestment The US Ambassador wrote: "I would like to bring to your attention, and seek your help in resolving, a potentially serious investment problem of some significance to both our countries. The case involves Coca-Cola, one of the largest single foreign in vestors in India." More PREFERENTIAL ALLOTMENTS Goldstone promoters to hike stake GOLDSTONE Technologies Ltd, the Hyderabad-based software solutions company, has drawn up plans for a preferential offer of 50,00,000 equity shares or warrants, which will enable the promoters to hike their stake from 24.87 per cent to 48.59 per ... More CORPORATE DISPUTES Litigation in large doses With surprising derring-do, Indian generic drug companies are storming the US market, the largest for their products, unfazed by legal cases slapped against them by drug patent holders, says P. T. Jyothi Datta More RESTRUCTURING Bata India recasts top brass BATA India Ltd, in a move to further re-align its business in line with global trends, has restructured its top management team. The Bata India board, at its meeting here on Tuesday, has decided to appoint Mr C. Morzaria, the former Managing ... More MERGERS & ACQUISITIONS Grasim raises L&T stake to 14.15 pc GRASIM Industries Ltd has further increased its holding in Larsen & Toubro Ltd to 14.15 per cent after it acquired 1.26 lakh shares amounting to 0.05 per cent stake. According to Grasim officials, the recent stake increase was done through ... More
`BSNL, MTNL merger fears unwarranted'
Takeover by Raymond — Promoters likely to retain ColorPlus management REGULATORY BODIES & RULINGS DCA relaxes norms for appointing company secys COMPANIES in small towns and rural areas with a paid-up capital of less than Rs 5 crore need not appoint a company secretary. "Any company having a registered office and works in a town of less than one lakh population and with a paid-up ... More INTERVIEW 
NHPC hopes to be off Govt aid by 2008-09NATIONAL Hydroelectric Power Corporation (NHPC), the main central utility responsible for harnessing the hydropower potential in the country, has been hamstrung by several factors in its mission. Despite being around for the last 25 years now, ... More SICK UNITS DCB once again contests Pitti Laminations sickness IN an interesting development, Development Credit Bank Ltd (DCB), the Mumbai-based scheduled commercial bank, has contested the `sickness' of Pitti Laminations Ltd (PLL), the Hyderabad-based company engaged in the manufacture of electrical ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories 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 |
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