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Sunday, December 08, 2002

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L&T board puts off cement division demerger decision
THE board meeting of Larsen & Toubro held on Saturday to discuss the recommendations by its committee on a proposal for equity investment in its cement division ended inconclusively, with a section of the board asking for more time to study the ... More

NDDB: A dream gone sour for Dr Kurien
DR Verghese Kurien is a disturbed man these days. But the legendary 81-year-old dairyman's ire this time round is not targeted at traditional foes - - the Nestles, the Hindustan Levers or the Britannias. Instead, it is directed towards the ... More

Satyam Info set to hike authorised capital
SATYAM Infoway Ltd, the largest subsidiary of Satyam Computer Services Ltd, is set to increase the authorised share capital of the company from Rs 35 crore divided into equity shares of Rs 10 each to Rs 37.5 crore, which is aimed at offering ... More

Sabre Cap begins due diligence of Centurion
SABRE Capital Worldwide Inc, a private equity fund promoted by the former Standard Chartered chief, Mr Rana Talwar, is conducting an exclusive due diligence of Centurion Bank for a possible capital infusion, Centurion Bank said today. Mr R. ... More

PSU banks plan loan syndication cartel
THERE'S bad news for big borrowers. The country's public sector banks, at least the big few, are understood to be sounding one another out to create a cartel in the loan syndication market. Highly placed banking sources told Business Line ... More


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