Financial Daily from THE HINDU group of publications
Wednesday, December 11, 2002
| Markets (Dec. 10) | ||||||||||
|
Financial Daily from THE HINDU group of publications Wednesday, December 11, 2002 |
|
||||||||||||
|
|
|||||||||||||
|
CORPORATE ANNOUNCEMENTS Ranbaxy set to launch Augmentin in January LITIGATION notwithstanding, Ranbaxy Laboratories Ltd (RLL) is set to launch a generic version of GlaxoSmithKline's (GSK) blockbuster antibiotic Augmentin, in the US in January 2003. The patent on the drug expires on December 24, 2002. This ... More
Ashok Leyland plans write-off in share premium account
MUL to launch LPG version of Omni
Grundfos Pumps to raise production in India soon
EIL bags contract for IOC's Panipat refinery expansion AUDITING 
Auditors to feel `peer' pressure soonJUDGE not that ye be not judged! That biblical saying may have some relevance to auditors of banks (public, private and foreign), financial institutions, insurance companies, public sector companies and large private sector companies. For, it ... More TAXATION Tax default will attract levy of interest, cos told THE Office of the Income-Tax Chief Commissioner, Andhra Pradesh, has cautioned corporates that failure to pay or delay in paying advance tax on time would attract levy of interest under Section 234 of the Income-Tax Act. In a press announcement ... More MANAGEMENT Respect emotions, Gallup book tells cos WHILE companies across the world fight to survive in weakened economics and struggle with questions about ethics and leadership, a new book about what the world's greatest organisations have in common will strike a reassuring chord and offer ... More RESTRUCTURING Grasim charges on demerger move — No breach of norms: L&T THE tug-of-war between Grasim Industries and Larsen & Toubro has assumed a new dimension with the former writing a letter to the latter warning it of "serious dispute and the possibility of a long-drawn out litigation" if L&T were to proceed with ... More MERGERS & ACQUISITIONS McDowell takes 85 pc stake in Triumph UB Group's Spirits division's flagship company, McDowell & Co, has acquired 85 per cent stake in Triumph Distilleries & Vintners Pvt Ltd from financial investors for a total consideration of Rs 60 crore. Mr Deepak Roy, who will act as President ... More NEW PROJECTS 
Samsung planning to make fridges in IndiaAFTER establishing itself in the Indian market, the Korean consumer electronics and durables major, Samsung India Electronics Ltd, has taken another step towards producing its products here, by announcing its plans to set up a refrigerator ... More
$35-m IFC loan for Apollo Tyres
Softex setting up telemarket unit REGULATORY BODIES & RULINGS SEBI initiates action on Manna Glass directors IN an attempt to send strong signals to errant companies of action under the new powers acquired, the Securities and Exchange Board of India (SEBI) has initiated penal proceedings against the Ahmedabad-based Manna Glass Tech Industries Ltd for ... More ALLIANCES & JOINT VENTURES Royal group ties up with Chinese furniture co THE Dubai-based Royal group of companies, promoted by Mr J. Sugathan, a non-resident Indian, has entered into a joint venture with Chinese furniture manufacturer Zhejiang Feilong Furniture Co. The joint venture, to be called Taizhou Feilong ... More
Ichiban Appliances enters India — To launch TVs, DVDs, ACs INTERVIEW 
We need strategic partners to remain competitive: PNB GiltsPNB Gilts has emerged as the largest primary dealer (PD) in the country in just about six years. It is the first and only PD listed in the country and is gearing up for the future by planning to induct strategic partners. The Managing Director, ... More DIVERSIFICATION 
Balrampur Chini into liquorIN a forward integration exercise, sugar major Balrampur Chini Mills Ltd has diversified into the Indian-Made Foreign Liquor (IMFL) sector. This is the first time that a sugar company of such size (it is the largest sugar company in the country) ... More OUTLOOK Samsung may turn India into export hub CLOSE on the heels of strengthening its manufacturing base in the country, Samsung India does not rule out the possibility of making India an export hub. "We are already exporting the colour TVs to destinations in Europe and to some ... More
Luxor bid to make Parker Rs 100-cr brand
BILT Graphic eyeing new markets for export growth PERFORMANCE Tata Engg vehicle sales up 15% in Nov TATA Engineering today reported a 15 per cent rise in its domestic vehicle sales for November 2002, to 15,699 units as against the 13,654 units of the previous corresponding period. Sales over the April-November 2002 period, at 1,26,812 units, ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Inside China Gujarat Elections In Depth Gender Justice Simple Economics Small Investor Looking back Dec. 1-Dec. 7 Scooters India into pollution-free vehicles `Ford set to roll out exciting new models' — Mr David E. Friedman, MD & President Corporate governance rating won't be made mandatory now Removal of nay-sayers is the key CRIDA ropes in pvt cos to make farm tools Bhopal tragedy: Beyond the gas |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home | Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |