Financial Daily from THE HINDU group of publications
Sunday, November 17, 2002
Financial Daily from THE HINDU group of publications Sunday, November 17, 2002 |
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CORPORATE ANNOUNCEMENTS Colgate to pay Rs 2.25 interim MUMBAI: The board of Colgate-Palmolive (India) Ltd has declared an interim dividend of 22.5 per cent - Rs 2.25 per share - for the fiscal ended March 31, 2003. The interim dividend requires a total payout of Rs 30.6 crore by ... More CREDIT RATING `AAA(SO)' for Tata Engg PTC MUMBAI: Crisil has assigned `AAA (SO)' rating to Tata Engineering's hire purchase receivables securitisation transactions. The Rs 132.79-crore pass-through certificates (PTCs) issued under Tata Engineering's securitisation programme ... More MERGERS & ACQUISITIONS Mysore Brew to make offer for Rochees shares MYSORE Breweries Ltd, subsidiary of SABMiller India, will come out with an open offer for Rochees Breweries Ltd's 25.18 per cent shares. MBL has come out with a price of Rs 11.75 per share and the total consideration of the buyback will be of ... More
No benefits under India-Mauritius tax pact — Jumbo gets DEA approval to buy out Shaw Wallace REGULATORY BODIES & RULINGS Developing `Wildflower Hall' into 5-star hotel — CLB strikes out board resolutions on EIH THE Company Law Board (CLB) has declared all the resolutions passed in the board meeting of Mashobra Resorts Ltd held on March 7, 2002 as invalid, with a view that there had been clear acts of oppression against EIH Ltd. The Principal Bench of ... More INTERVIEW `Chinese imports lack consistency in quality' — Mr Dilip Dandekar, CMD, Camlin WHEN it comes to stationery/art products, Camlin is a household name. In an interview with Business Line just prior to the declaration of September quarter results, Mr Dilip Dandekar, the Chairman and Managing Director of Camlin, talks ... More
`Medium-term growth would be 5-6%' — Interview with Mr Ravi Kant, Executive Director (CVBU), Tata Engineering IPOS Public floats may come under tougher scrutiny FOR the legion of investors in initial public offers (IPOs) of companies, who have to depend on themselves or their financial advisors for taking an informed investment decision and who, in many cases, later rue it when the companies promoted by ... More DIVERSIFICATION Sarla Group forays into education THE $10 million Sarla Group, which is into mining, manufacturing and export of marbles and other stones, is now going to foray into the education sector by setting up the Pathways World School in Gurgaon. The total cost of the project is ... More OUTLOOK Maruti sees step-up in second-half sales MARUTI Udyog Ltd, the market leader in the passenger car segment, expects its sales to improve in the second half of the current financial year, the Director (Marketing and Sales), Mr Kinji Saito, has said. The company expects many two-wheeler ... More PERFORMANCE Will Wagon R's new positioning inspire? Buoyed by the encouraging sales, the officials say, Maruti will shortly launch the new campaign based on the `Inspired Engineering' theme. It takes on from the earlier campaign that focussed on the `Feel at home' theme, which helped establish a stron g emotional bond with the target consumer, they say. More PEOPLE Mammen Mathew appointed Reuters trustee MR Mammen Mathew, Editor and Managing Director of Malayala Manorama, has been appointed a Reuters Trustee, by the Reuters Founders Share Company, according to a press release from Malayala Manorama. According to the release, he is the first ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Nov. 10-Nov. 16 `Auditors must be accountable to the company's board' Coca-Cola `committed' to divesting 39 pc MS, Wipro may go hand in hand to take on IBM — To enter into BPO relationship soon Cost-cutting, exports are India Inc's new mantras `More focus on exports, heavy vehicles' - Mr Rakesh Kalra, Chief Executive, Eicher Motors MindTree sees huge healthcare prospects |
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