Financial Daily from THE HINDU group of publications
Tuesday, November 26, 2002
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Financial Daily from THE HINDU group of publications Tuesday, November 26, 2002 |
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CORPORATE ANNOUNCEMENTS 
Bajaj Auto `willing' to sell stake to KawasakiLEADING two-wheeler company, Bajaj Auto Ltd, is willing to sell a stake to its Japanese technical collaborator, Kawasaki Heavy Industries Ltd, but it is not sure whether its Japanese partner can afford to buy it. Speaking to newspersons today, ... More
Nicholas Piramal places Rs 25-cr debenture issue ENVIRONMENT Phillips Carbon Black transfers production line to Bengal Some time back, Phillips Carbon Black was considering setting up units in China and Sri Lanka. Though Mr Paras Chowdhary did not make any specific comment on the issue, he said the company was "scanning the horizon to invest for capacities outside th e country at an appropriate time''. More RESTRUCTURING Electrolux may close down Hyderabad unit THE board of Electrolux Kelvinator Ltd (EKL), the white goods major, is scheduled to meet on Tuesday to consider closure of its compressor plant located at Sanathnagar in Hyderabad. The EKL board would consider and, if needed, authorise the ... More MERGERS & ACQUISITIONS 
Mumbai Centaur sale by Batra to Sahara in order, says ShourieTHE sale of Centaur Hotel Airport Mumbai by Batra Hospitality Private Ltd (BHPL) to the Sahara India Group for Rs 115 crore in October was in order, according to the advice given by the legal advisors to the Government, the Union Disinvestment ... More
Nestle to hike stake in Indian arm by 5% CORPORATE GOVERNANCE Non-executive directors a dicey breed for India Inc CAN a non-executive independent director be allowed to undertake assignments with the company on the basis of his professional capabilities? Does such a practice conform to good corporate governance and behaviour? India Inc seems to be divided on ... More TRADE & LABOUR UNIONS NFCL staff protest delay in wage hike THE employees of the Nagarjuna Fertilisers and Chemicals Ltd (NFCL) here are agitating for increase in wages by attending duty wearing black badges and boycotting the canteen. The unions are alleging that the management is adopting an adamant ... More ALLIANCES & JOINT VENTURES Alembic ties up with Italian firm THE Vadodara-based Alembic Ltd has entered into a tie-up with an Italian pharmaceutical company, `Euroresearch' for marketing the latter's products in India. Mr Atul Barman, Vice-President, Alembic Ltd, said that the company would launch ... More SOCIETY & DEVELOPMENT PR to play bigger role in CSR With Corporate Social Responsibility (CSR) assuming greater importance, public relations firms are moving quickly to get a bigger piece of the action. Ogilvy PR recently formed an alliance with Dua Consulting, Delhi, to offer regulatory and ... More IPOS Maruti may file public issue draft prospectus next month WITH the capital market showing signs of improvement, it may be possible for Maruti to go ahead and file its draft prospectus with the Securities and Exchange Board of India (SEBI) within a month's time. This was stated by the Disinvestment ... More TRENDS Does talent fetch the bid it merits? IN 1999, the average CEO earned 419 times more than his or her colleague, up from 25 times in 1981. The highest paid ten chief executives' income soared to an astronomical 4,300 per cent between 1981 and 2000. "The statistics are simply too ... 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 Nov. 17-Nov. 23 Public floats may come under tougher scrutiny `We are in no hurry for IPO' — Mr Kwang-Ro Kim, MD, LG Electronics India Bridgestone plans to make commodity grade tyres — To buy out ACC, Tata Engg stakes Ford suppliers undergoing quality certification Unpaid dividends, matured deposits, debentures — Auditors may have to attest co declaration Duncans to hive off loose tea retail biz SEBI, Grasim tread the thin line of demarcation |
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