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Sunday, November 03, 2002

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ANNOUNCEMENTS


Base Corpn in talks for OEM battery supply
BACKED by a successful concept selling of a fast-selling consumable like automotive batteries through `dial-a-battery' outlets, Base Corporation Ltd is now pursuing the path of OEM for faster growth in volume. Though there was no near-time ... More

OPEN OFFERS


Needed, a reasoned approach from SEBI
THE possibility that the Gujarat Ambuja group will have to make an open offer for ACC has re-emerged. If this happens, Grasim may well have to pay a higher price for its open offer for Larsen and Toubro. After all, the Grasim-L&T situation is not ... More

AWARDS & HONOURS


TVS Motor bags Deming award
TVS Motor Company Ltd was conferred the Deming award for "having achieved distinctive performance improvement through the application of Total Quality Management". TVS Motor is the third company from the TVS group and the first two-wheeler ... More

REGULATORY BODIES & RULINGS


Treat investors' complaints lightly... at your own cost
FOR listed companies and capital market intermediaries, dragging feet when it comes to redress of grievances of investors, will turn out to be a costly affair. Besides the painful prospect of receiving a rap on the knuckles, companies will have ... More

ALLIANCES & JOINT VENTURES


HAL, Israeli co in marketing tie-up
ISRAEL Aviation Industry will be co-marketing HAL's star product to date, the ALH or the advanced light helicopter. HAL and the Israeli agency are on the verge of formalising a marketing tie-up for the helicopter, which is HAL's showpiece. As ... More

INTERVIEW


`Premium exterior paints growing at 20-25%' — Mr H. M. Bharuka, Managing Director, Goodlass Nerolac
Goodlass Nerolac is the market leader in industrial paints and the second largest player in the industry. In an interview to Business Line, Mr. H. M. Bharuka, Managing Director, Goodlass Nerolac, talks about the current state of the paints ... More

PERFORMANCE


July-September quarter: A case of diverging lines
TOPLINE is good but bottomline is not. That is the bottomline of India Inc's performance in July-September. Investors may have little to cheer about, with the pressures of competition on pricing taking the sheen off the bottomline, but they can ... More

Pricing pressures prevail
GOOD revenue growth has not percolated down the bottomline in the `earnings' cards of most companies in July-September 2002. The dominant theme across industrial sectors (with the exception of steel and, to an extent, paper) is the pricing ... More

LML October sales up
NEW DELHI: LML Ltd has announced a 45.7 per cent jump in sales during October. The company sold 20,625 two-wheelers as against 14,151 units. Motorcycles sales soared 251 per cent year-on-year to 14,258 units from 4,063 units following ... More

PEOPLE


Thyagarajan to oversee Glaxo's Asia-Pacific biz
MR V. Thyagarajan, Vice-Chairman and Managing Director, GlaxoSmithKline Pharmaceuticals, India (GSK), has been appointed Senior Vice-President and Area Director, Asia Pacific, from January 1, 2003. Mr Thyagarajan will continue to oversee the ... More
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Top Stories
Use of anti-dumping measures declines — China `dumps' the most, while India probes the most


Treat investors' complaints lightly... at your own cost

Conserving the spirit of one born free

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Oct. 27-Nov. 2
SEBI `overlooked' alliance issue in ACC deal

ECIL: Back in fast lane

Tata Steel sees sharp rise in net — Higher prices, better product mix catapult growth

SEBI directs new owners of Widia, FAG Bearings to make open offers

B-school placements probe new avenues


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