The Hindu Business Line : Monday, November 04, 2002

Electrolux to go for CFC-free fridges — Unveils new designer range
ELECTROLUX Kelvinator Ltd (EKL), the merged entity of Electrolux India, Intron and Electrolux Kelvinator, has decided to convert its entire range of refrigerators to chlorofluoro carbon (CFC) free as part of the ongoing restructuring and ... More

Viswabharathi plans township in Tirupur
THE Viswabharathi group has sought to diversify into housing. The Rs 100-crore group has proposed to promote a residential project in the hosiery town of Tirupur which is to come up on the Tirupur-Avinashi road close to the National Highway No. ... More

OVERSEAS BORROWINGS

PFC hopes to raise $100 m from UAE banks
Mr A.A. Khan, PFC Chairman, who is in Dubai to present details of the loan facility to banks officials , said the amount raised would be used to fund normal lending operations of the corporation. More

REGULATORY BODIES & RULINGS

DCA may rope in professionals for statutory inspections
LEARNING from past experiences of inspections into books of accounts and statutory records of the companies conducted, the Department of Company Affairs (DCA) is actively considering roping in professional investigating officers for the ... More

INTERVIEW

`We cut costs, but left R&D outlay untouched' — Mr Vimal Khanna, Hughes Software CFO
`In the first half of this fiscal, we invested 17.5 per cent of turnover into R&D. We also ensured that working capital cycles are shortened and funds invested judiciously.' More

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