The Hindu Business Line : Sunday, October 06, 2002

BHEL bags turnkey order
BHARAT Heavy Electricals Ltd (BHEL) has bagged a turnkey order for setting up two units of 210 MW each at Parichha thermal power station in Uttar Pradesh. The order, valued at Rs 1,425 crore, has been placed on the premier power equipment ... More

Indo Rama hikes basic price of polyester yarn
INDO Rama Synthetics (I) Ltd has increased the basic price of 100 per cent Polyester Yarn 30/1 from Rs 80.25 per kg to Rs 82 per kg with effect from October 1. The company has, however, retained the basic prices of Blended PC Carded Yarn 30/1 ... More

ALLIANCES & JOINT VENTURES

Ranbaxy Labs to market Aventis vaccines
RANBAXY Laboratories Ltd (RLL) has marked its first footprints in the bio-tech arena though an "India-centric" two-pronged alliance that it has inked with Aventis Pasteur to promote a basket of six vaccines in India. The deal further marks ... More

Generating more revenue — Delhi Centaur ties up with cellular operators
DESPITE the impending disinvestment, Delhi Centaur, in the recent past, entered into new revenue generation streams, including tie-ups with cellular operators by way of offering them space for putting up equipment to provide better ... More

INTERVIEW

`Lower farm income has hit sales' — Mr Rakesh Chopra, Business Head, Agri-machinery Group, Escorts Ltd.
After a tough three years, Escorts Ltd, the country's third largest tractor manufacturer, is emerging out of the shadow of prolonged labour unrest and eroding market-share. Keen on re-emerging as a focussed, quality conscious, efficient and ... More

OUTLOOK

Hero Motors in `serious' foreign buyout talks
HERO Motors is in talks with Italian two-wheeler maker Benelli to buy out its motor-scooter division. The company is also exploring an alliance with a French company to source manufacturing technology. "We are in serious talks with three-four ... More

PERFORMANCE

Subsidiaries — Chipping in, or away?
HOW much do subsidiaries help boost their parent companies' bottomlines? A comparative analysis of the financial performance of a parent company vis-à-vis the consolidated accounts of its subsidiary conducted over a sample of 20 companies ... More

Additional disclosures — Impact on market price
DO the additional disclosures provided by companies have any impact on the market price of stocks? Or is the additional information already factored into the price? Is the price earning multiple calculated on the basis of consolidated earnings ... More

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