Financial Daily from THE HINDU group of publications
Saturday, October 26, 2002
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Financial Daily from THE HINDU group of publications Saturday, October 26, 2002 |
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CORPORATE ANNOUNCEMENTS Emerson Network offers `uptime' solutions to cos — `Downtime' loss estimated at Rs 20,000 cr EMERSON Network Power India Ltd found that a food processing company making fruit juices was losing 45 per cent of its profits before tax because its processing plant was down thanks to power outage. This kind of "downtime" linked to power ... More
WeP printer sales top 1 m OVERSEAS BORROWINGS Only listed cos may be allowed to offer IDRs ISSUANCE of Indian depository receipts (IDRs) may be restricted to only listed overseas companies having good profitability record, according to a Department of Company Affairs (DCA) official. ``The current thinking in the Department is only to ... More COURTS/LEGAL ISSUES MANPOWER Pending wage settlement — HLL Garden Reach unit workers threaten strike HINDUSTAN Lever Ltd (HLL) is contemplating cutting down production and reducing the number of permanent workers at its Garden Reach factory from 1200 to 700, sources say. When contacted, a HLL spokesperson preferred not to answer the query. The ... More RESTRUCTURING ICCL in talks with FIs, lenders for debt revamp FERRO chrome major Indian Charge Chrome Ltd (ICCL), an IMFA group company, is hopeful of soon putting in place a debt restructuring package. Negotiations in this regard have already been initiated with financial institutions and other term ... More NEW PROJECTS Setting up merchant washeries — Monnet Ispat in talks with CIL MONNET Ispat Ltd is in talks with public sector giant Coal India Ltd (CIL) for setting up merchant coal washeries that will function on a commercial basis for the first time in the country. The company has finalised plans for setting up three ... More
Chemplast PVC project approval hits eco hurdle
VocalTec opens office in New Delhi REGULATORY BODIES & RULINGS SEBI to speed up enquiry into L&T insider trading THE Securities and Exchange Board of India has said that it would expedite and try to complete the investigations into the possibility of insider trading in Larsen & Toubro (L&T) shares before the open offer by Grasim for L&T shareholders ... More OUTLOOK 
Indian Hotels comes out of post-Sept 11 bluesTHE Indian Hotels Company Ltd (IHCL), which operates the country's largest hotel chain - the Taj, today disclosed second quarter (Q2) results that indicate a recovery from the ills of September 11, 2001. For Q2, IHCL returned a profit after ... More
Ashok Leyland: e-com, ratings are next priorities PERFORMANCE Hindustan Lever: Accounting change trims decline in topline figure A CHANGE in Hindustan Lever's accounting policy has made the shrinkage in top-line appear lower than what it actually is. HLL's numbersshow 7.2 per cent shrinkage in net sales for the September quarter. This is significantly lower than the 9.9 ... More
Tax refund brings SCI back in black NEW PRODUCTS & SERVICES 
M&M rolls out petrol version of ScorpioMAHINDRA & Mahindra Ltd (M&M) rolled out the petrol version of its new sports utility vehicle (SUV) - the `Scorpio' - here on Thursday. The model, christened `Rev 116', is fitted with a 2-litre, 116 bhp, MPFI engine sourced from the French ... 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 Oct. 13-Oct. 19 Packaging matters as much as foodstuff inside |
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