Financial Daily from THE HINDU group of publications
Wednesday, October 09, 2002
Markets (Oct. 8)
BL 2501025.43 (+5.15)
BSE Sensex2973.35 (+20.57)
S&P CNX Nifty960.80 (+6.05)
Dollar (Buy/Sell)48.30/48.43
Gold Std (10 gm)5270 (-20)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

CORPORATE

ANNOUNCEMENTS


Satyam will support Microsoft solution
SATYAM Computer Services Ltd has announced its support for the new Microsoft Solution for UNIX Migration (MSUM), which will assist enterprise customers who wish to migrate from UNIX To Windows. Through the global alliance between Satyam and ... More

  • Satyam board meet on Oct 23
  • BHEL pays Rs 66 cr as dividend to Govt

    CORPORATE DISPUTES


    Cross-connections at VSNL
    The dispute between telecom giants — the long distance calls major, VSNL, and the domestic operator, BSNL — over call charges and revenues has cast a shadow over the disinvestment process. Their sparring has resulted in a face-off between Mr Ratan Tata, Chairman of the country's best-known industrial group, and Mr Pramod Mahajan, Communications Minister. G. Rambabu untangles the crossed wires. More

    VSNL-BSNL dispute — Data Access opposes TRAI intervention
    DATA Access (India) Ltd, the new entrant in international telephony, has objected to the Telecom Regulatory Authority of India (TRAI) intervening in the ongoing dispute between Videsh Sanchar Nigam Ltd (VSNL) and Bharat Sanchar Nigam Ltd (BSNL) ... More

    AUDITING


    Auditors to be more accountable
    AUDITORS who are now under the growing scrutiny of Governments and regulators overseas may well have more answering to do back home also. A Department of Company Affairs (DCA)-sponsored committee has sought to cast a responsibility on the ... More

    INFORMATION TECHNOLOGY


    Going up the ladder? Not yet!
    Indian manufacturing firms are still using IT only in bits and pieces, say experts. They haven't moved up the rung in terms of competitiveness. More

    HUMAN RESOURCES


    Helping execs cope with stress
    "APART from work, what is driving everyone in India Inc is insecurity," says peak performance trainer, Mr Rakesh Dewan, who heads Star Academy, an institution that he has formed in association with Mr Jack Canfield, author of Chicken Soup for ... More

    MERGERS & ACQUISITIONS


  • BILT board to take up merger issue tomorrow

    CORPORATE GOVERNANCE


    2 cos seek ICRA rating on governance
    "Corporate governance has become a global issue today. It helps companies improve market confidence in them, besides improving entity efficiency, according to Mr P.K. Choudhury, Managing Director, ICRA. More

    REGULATORY BODIES & RULINGS


    Floating a co? Get all your cards ready
    FLOATING a company and then getting a few directors on board was easy, you thought. Not for long, if the Department of Company Affairs (DCA), which has received plenty of flak for a spate of corporate scams, has its way. A committee ... More

    ALLIANCES & JOINT VENTURES


    Nirma in pact with P&G to make Camay
    THE Rs 2,500-crore Nirma Ltd has entered into a licensing agreement with multinational firm, Procter & Gamble Home Products Ltd, to manufacture, market and distribute the soap brand `Camay' in India. According to the agreement, Nirma will use ... More

    Delta ties up with Wipro arm for ticketing
    DELTA Airlines has selected Spectramind eServices Pvt Ltd, a subsidiary of Wipro, as one of the two vendors to handle select customer reservation functions. In a statement, the airline has said the partnership will reduce distribution costs and ... More

    Switching Circuit, Thailand co sign pact
    LEONICS Co. Ltd of Thailand and Switching Circuit Pvt. Ltd, Kolkata, have signed a joint venture agreement for the manufacture of modern switching equipment, at the Technology Summit and Exhibition, which started here today. The Andhra Pradesh ... More

    INTERVIEW


    `Our credibility with banks and MFs is very high'
    THE return on net worth (RONW) of Electrosteel Castings Ltd (ECL), a leading player in the Ductile Iron (DI) and Cast Iron (CI) pipes segment in the country, has increased from 21 per cent in 2000-01 to nearly 25 per cent in 2001-02 owing to ... More

    DIVERSIFICATION


    From pressure garments to artificial limbs
    IT was a personal experience that prompted Delhi-based Technomed (India) Pvt Ltd to venture into `pressure garments' for burns victims. Almost 17 years later, the company has evolved to make external silicon prosthesis or artificial limbs for ... More

    OUTLOOK


    BILT Chem is now Solaris ChemTech — Aims at Rs 500-cr turnover by 2005
    BREAKING away from the "BILT mould", the Rs 250-crore BILT Chemicals Ltd, part of the B.M. Thapar group, on Tuesday unveiled a new corporate identity that would help the company achieve an ambitious growth agenda for the coming years. "BILT ... More

    Satyam numbers get a facelift
    THE induction of new equity partners into Satyam Infoway (Sify) is poised to give a facelift to the reported numbers of Satyam Computer (Satyam). The financials of Sify will no longer require to be consolidated with that of Satyam since the ... More

    Bajaj Auto sales likely to touch 1.5 m this fisc — CKD units in Brazil, Indonesia on cards
    TWO and three-wheeler manufacturer Bajaj Auto Ltd (BAL) is likely to touch the 1.5 million mark in sales in the current fiscal, its highest-ever till date, Mr Rahul Bajaj, Chairman and Managing Director, told Business Line on Tuesday. ... More

    PERFORMANCE


    Indica sales up 33 pc in September — Tata Engg to roll out new models
    TATA Engineering today said sales of its Indica hatchback increased by 33 per cent in September to 7,208 units as compared with the same month a year ago. Total sales of the Indica between the first six months of the current financial year ... More

    ECONOMIC OFFENCES


    CSE probe: ED looking into FEMA violations
    THE Enforcement Directorate (ED), Mumbai, today made enquiries about possible violation of Foreign Exchange Management Act (FEMA) by the persons accused in the Calcutta Stock Exchange case. This happened on a day marked by the questioning of ... More
    Scoreboard
    SE Diary
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    Nirma in pact with P&G to make Camay


    `Our credibility with banks and MFs is very high'

    Cross-connections at VSNL

    Polymer notes not now: RBI

    From pressure garments to artificial limbs

    Floating a co? Get all your cards ready

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Sep. 29-Oct. 5
    IOC awaits Govt nod for 10 pc equity issue — Plans Rs 30,000-cr investments in 10th Plan

    Four Ranbaxy products go over-the-counter

    IOC in talks with banks to monetise bonds

    Continental forays into 2-wheelers with Metro

    Fiat unveils upgraded Palio — `Doblo' MUV undergoing tests


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line