Financial Daily from THE HINDU group of publications
Thursday, October 10, 2002
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Financial Daily from THE HINDU group of publications Thursday, October 10, 2002 |
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CORPORATE ANNOUNCEMENTS Indigenous LPG kit for small cars launched THE Delhi-based Yash Propane Auto Energy Pvt Ltd has launched indigenously developed LPG kits for passenger cars with engine capacity ranging between 600 cc and 1,000 cc. According to the company, it has obtained all the necessary clearances ... More
New Holland launches new series of tractors
6-day week again at MICO plant
OPEN OFFERS Kodak UK's open offer closes today KODAK UK's open offer to acquire the public shareholding of Kodak India at Rs 350 a share will close on October 10. Kodak UK had made a public offer to the shareholders to acquire 2.8 million shares aggregating 25.24 per cent of the paid-up ... More TAXATION Tax assn wants Govt to defer new depreciation rates THE Direct Taxes Professionals' Association (DTPA) has suggested that the reduced depreciation rates, notified on September 27, should be made applicable for the next assessment year, that is, 2004-05, as industry may not be able to absorb the ... More MANPOWER Pharmacia clears VRS for Abbott head office staff THE board of directors of Pharmacia Healthcare on Wednesday approved a voluntary retirement scheme (VRS) for the employees at the head office of Abbott India Ltd in which it holds majority stake. Early this year, Pharmacia Corporation had ... More RESTRUCTURING 
Indo Rama's spun yarn business to be demerged — Lenders approve restructuring schemeTHE spun yarn business of the Rs 1,900-crore Indo Rama Synthetics (IRSL) is to be segregated into Indo Rama Textiles Ltd (IRTL), according to Mr Shailendra Tandon, President and Chief Financial Officer, IRSL. IRTL was till recently Indo Rama ... More
Elque Polyesters' promoters keen to shed entire stake
Alstom Power to restructure business — Focus on smaller projects MERGERS & ACQUISITIONS Berger to buy Snowcem paints business — Due diligence process to be taken up soon BERGER Paints India Ltd has entered into an agreement with Snowcem India Ltd for formally beginning an acquisition process of the latter's interior and exterior paints business. Confirming this to Business Line here today, Mr S.K. ... More
Stronger strokes in decorative paints
Citibank Overseas buys 10 pc more of e-Serve ALLIANCES & JOINT VENTURES Alopa, ARRIS sign pact BANGALORE: Alopa Networks, a provider of broadband subscriber solutions and operational support systems (OSS), has signed a strategic reseller agreement with ARRIS, a global communications technology leader. Under the agreement ARRIS ... More SOCIETY & DEVELOPMENT 
Corporates see merit in spirit of charityTHE spirit of charity is thriving within the business community. Or so it would seem if recent Government approvals for tax deduction in computing profits is anything to go by. Data collated over the last 20 months shows that the National ... More SICK UNITS Damocle's sword hangs over Hindustan Photo — BIFR deadline for revival plan is Oct 16 THE fate of the Government-owned photo-film manufacturing unit — Hindustan Photo Films Manufacturing Co Ltd (HPF) — at Udhagamandalam is likely to be known in a week's time. The Board for Industrial and Financial Reconstruction (BIFR) ... More
Mysore Lamps can be turned around: Union OUTLOOK Maruti to review options on diesel engines WITH the anticipated reduction in the price disparity between petrol and diesel not happening as quickly as it hoped for, Maruti Udyog Ltd plans to "revisit its strategy" for having diesel engines for its cars. At present, Maruti sources diesel ... More PERFORMANCE Productivity, the buzz-word at Maruti WALK through Maruti Udyog's plant at Gurgaon in Haryana, about an hour's drive from Delhi; the emphasis on improving productivity is visible. "Towards World class Excellence - 2005. Striving for World Class through Challenge 50 - Go Fast, ... More
Tata Engg prunes Sept Indica sales figures 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. 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 |
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