Financial Daily from THE HINDU group of publications
Thursday, November 14, 2002
Markets (Nov. 13)
BL 2501038.59 (+3.22)
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Dollar (Buy/Sell)48.29/48.36
Gold Std (10 gm)5300

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Coke seeks to uncork Rs 803 crore
HINDUSTAN Coca-Cola Holdings Private Ltd (HCCHPL), the holding company for Coca-Cola's bottling operations in India, has sought the approval of the Government for a massive capital restructuring of its bottling operations. Coke's bottling ... More

Sibling discontent in Jumbo?
A FAMILY crisis is threatening to pull the late Manu Chhabria's Jumbo Group, a Dubai-based business empire worth over $600 million, in different directions. Ms Bhavika Godhwani (Kanchan Chhabria), the eldest of Manu Chhabria's three daughters, ... More

Niko strikes gas
NIKO Resources Ltd, Canada, has made the first discovery in the blocks awarded under the second round of the New Exploration and Licensing Policy (NELP II). The discovery of gas has been made in the onland block CB-ONN-2002/2 near Surat in ... More

Kennametal to make open offer for 23 pc Widia stake
THE world's second largest metals company Kennametal Inc., which bought out Widia India from Milacron, has proposed to make an open offer to acquire up to 23.32 per cent of the outstanding equity stake held by the public at Rs. 76.28 per equity ... More

New SBI chief Purwar banks on tech
MR A.K. Purwar, who took charge as Chairman of State Bank of India today, has said that his first priority will be upgradation of technology at the bank. Mr Purwar, who received his appointment letter today "almost on his way to the airport" to ... More

DoT sets Dec target for village phones
IN what has come as a jolt to private basic operators, the Department of Telecommunications (DoT) has issued them a stern warning to fulfil their village telephony targets by end-December, just months after having extended the deadline by a ... More


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