![]() Financial Daily from THE HINDU group of publications Saturday, December 14, 2002 |
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CORPORATE ANNOUNCEMENTS Mico yet to decide on future investments MICO Ltd is yet to decide on its investment corpus for the next financial year, according to its Managing Director, Mr Andreas Nobis. The company had earlier halved its proposed Rs 500-crore investment plan for the current financial year, ... More
Aventis CropScience gets new name COMPANY LAW Group to study lacunae in corporate laws THE committee on auditor-management relationship is expected to submit its consultation paper next week. "The Naresh Chandra committee is expected to submit its report within a week and this will be made public," Mr Vinod Dhall, Secretary, ... More RESTRUCTURING Indo Rama shareholders okay spun yarn demerger THE Rs 1,900-crore Indo Rama Synthetics (I) Ltd (IRSL) has come a step closer towards segregating the spun yarn business of the company into Indo Rama Textiles Ltd (IRTL). The shareholders of IRSL, who met at Indore to consider and approve the ... More
NTN Bearing to relocate units to China Plans tie-up with C.K. Birla group co MERGERS & ACQUISITIONS L&T to increase stake in Oman joint venture LARSEN & Toubro Ltd (L&T) is set to increase its stake in a joint venture in Oman, L&T Oman LLC, which is into turnkey construction projects. With the increased stake, the Oman company will become a subsidiary of L&T. At present, L&T has a 49 ... More
FIPB proposes, DEA opposes KK Birla group's plans for Chambal Agri hit roadblock NEW PROJECTS Shalimar Paints plans Rs 12-cr unit in North SHALIMAR Paints Ltd (SPL), jointly controlled by the Ratan Jindal group and S.S. Jhunjhnunwala of Hong Kong, has planned to set up a greenfield unit in the northern region with an investment of around Rs 12 crore. Mr Ratan Jindal, Director of ... More ALLIANCES & JOINT VENTURES ABN-Amro Lease, UK Paints in pact ABN-Amro Lease Holding has entered into a new joint venture agreement with UK Paints (India) Pvt Ltd. The new partner will own 49 per cent of shares in LeasePlan India. This new agreement has been a consequence of the put and call option that ... More OUTLOOK Ivega expects business from US, Europe Plans to add 100 more to payroll IT consulting and software services firm Ivega Corporation will soon be awarded with a PCMM Level 5 certification. Speaking to Business Line, Mr Giri Devanur, Chairman and CEO, Ivega Corporation said, ``We have always worked within the ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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