Financial Daily from THE HINDU group of publications
Friday, December 13, 2002
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Financial Daily from THE HINDU group of publications Friday, December 13, 2002 |
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CORPORATE ANNOUNCEMENTS 
Fifth call centre from GE soonGE Capital's plan for a fifth call centre in India is expected to be firmed up within the next 3-6 months. The proposed call centre will also be engaged in BPO (business process outsourcing) operations and will entail an investment of Rs 35-70 ... More
Merck India's diagnostic biz not part of global sale OPEN OFFERS Grasim: SEBI probe to be over in 2 months THE Securities and Exchange Board of India (SEBI) hopes to complete within the next two months its investigation into the alleged violation of takeover code by A.V. Birla Group company, Grasim Industries Ltd while buying the shares of Larsen & ... More
Group co to make open offer for Parry Agro CORPORATE DISPUTES Adani group disputes chief's `arrest' THE Adani Group today disputed reports in a section of the media on Wednesday that its group Chairman, Mr Gautam Adani, was arrested in Delhi. According to a company release, it was a wrongful detention, which was sorted out yesterday ... More
US court ruling on DRL-Pfizer case on Dec 17 AWARDS & HONOURS Businessman of the Year award NEW DELHI: The Chairman and Managing Director of Bharti TeleVentures Ltd, Mr Sunil Mittal, has been selected as the Businessman of the Year by Business India. Mr Mittal will be felicitated at an award ceremony in the capital ... More COURTS/LEGAL ISSUES Delhi HC rejects Mardia Chem plea to block lenders THE Delhi High Court has rejected a writ petition of Mardia Chemicals attempting to block lenders from taking over its assets. A two-judge Division Bench of the court also imposed a penalty of Rs 25,000 on the company. Mardia Chemicals had ... More CORPORATE BONDS HPCL sells second tranche oil bonds at Rs 2.9 premium HINDUSTAN Petroleum Corporation Ltd on Thursday sold a second tranche of oil bonds worth Rs 100 crore at a premium of Rs 2.96 for a bond of face value Rs 100. According to company officials, the Rs 2.96 premium per bond is the highest premium ... More RESTRUCTURING CDC proposal for cement biz pending since July: L&T LARSEN & Toubro (L&T) on Thursday said CDC Capital Partners' investment proposal for its cement division had been under discussion since this July, and that it had been in dialogue with several prospective investors since September 2001 to secure ... More
India Cements has to pay up Rs 779-cr debt this fiscal — Submits debt revamp proposal to FIs NEW PROJECTS Qwiky's now in Sri Lanka QWIKY'S coffee will now be available in Sri Lanka. Chimayo Chains Pvt Ltd, which owns the coffee chain, said that the company has tied up with Success Enterprises, a garment manufacturer with experience in retailing, to start three outlets in ... More
TPL revamp to hike LAB capacity to involve Rs 128 cr — ECH, caustic soda capacities may also be expanded ALLIANCES & JOINT VENTURES Zed-Axis in alliance with Austrian firm THE Delhi-based Internet technology firm, Zed-Axis Technology Pvt Ltd, has entered into a strategic alliance with Digital Motion Picture Datenverarbeitungs GmBH, Austria (DMP) to provide offshore development facilities to the latter. The ... More
LearningMate joins hands with Blackboard SICK UNITS BIFR to hear Alind case on Dec 19 THE Board for Industrial and Financial Reconstruction (BIFR) will look at the various proposals that have come up for the takeover or sale of the eight divisions of the ailing Aluminium Industries Ltd (Alind) at a hearing slated for December ... More OUTLOOK Antrix Corpn hopeful of Rs 100-cr turnover WITH an increasing global presence and customer base, Antrix Corporation, the commercial arm of the Department of Space (DoS), is hopeful Rs 100-crore business turnover during fiscal 2002-03. The corporation, with the mandate to commercialise ... More
Parametric to double growth in India
HP outlines growth strategy for printers
Nuziveedu Seeds to unveil Bt cotton hybrids PERFORMANCE 
Alto doing well in Europe — Price hike on all models in Jan: KhattarMARUTI Udyog Ltd (MUL) hopes to notch up a turnover of around Rs 9,000 crore during the year ending March 31, 2003. Last fiscal, MUL recorded a turnover of Rs 9,410.3 crore and a net profit of Rs 104.5 crore. Stating this during an interface ... 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 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 |
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