Financial Daily from THE HINDU group of publications
Sunday, December 15, 2002
Financial Daily from THE HINDU group of publications Sunday, December 15, 2002 |
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CORPORATE ANNOUNCEMENTS 2 cos turn arms of Dai-Ichi Karkaria MUMBAI: Dai-Ichi Karkaria Ltd has informed the Bombay Stock Exchange that Dai-Ichi Gosei Chemicals (India) Ltd., has become its subsidiary company effective December 2, by virtue of allotment of 48,490 equity shares (97 per cent of total ... More OPEN OFFERS Final public offer for Madura Coats MUMBAI: DSP Merrill Lynch Ltd has informed the Bombay Stock Exchange that J & P Coats Ltd, Scotland (JPC) with Coats Plc, as Person Acting in Concert (Coats) had made an open offer (Letter of offer dated September 17) to acquire up to ... More OVERSEAS BORROWINGS Banks scuttle SPIC plan for FRN buyback A CONSORTIUM of bankers has blocked a proposal from Southern Petrochemical Industries Corporation (SPIC) for buying back a part of its Floating Rate Notes (FRN). SPIC had raised $120 million in 1996 through an FRN (bonds whose rates are linked ... More COURTS/LEGAL ISSUES Binani Cement to move SC on mining order BINANI Cement, a subsidiary of Binani Industries Ltd, is moving the Supreme Court for immediate modification of the latter's interim orders prohibiting all mining activity in the entire Aravali Hills from Haryana to Rajasthan. Such a move is ... More NEW PROJECTS Apollo Tyres to expand facility by March-end TYRE production at the two units of Apollo Tyres Ltd (ATL) in Kerala will be enhanced to 280 tonnes per day by March-end and the expansion work to achieve it at the plants is to be completed on schedule. Production at the company's main plant ... More ALLIANCES & JOINT VENTURES Jain Irrigation, GE Plastics in pact MUMBAI: Jain Irrigation Systems Ltd has informed the Bombay Stock Exchange that it has signed the Definitive Transaction Agreement for sale of 2 Polycarbonate Equipments and other assets to GE Plastics India Ltd. Under a separate ... More INTERVIEW `Growth may be flat this fiscal' — Interview with Hyundai Motor India president, Mr B. V. R. Subbu Hyundai Motor India (HMI), the wholly-owned subsidiary of the Korean automobile giant, is India's second largest passenger car manufacturer. Unlike the other overseas automobile companies which entered the country during the late 1990s and ... 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 Small Investor In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 8-Dec. 14 Encore to scale up Simputer output `We will put Railways on savings track' — Mr V. Gujral, Vice-Chairman & CEO, Jindal Steel I am ready to quit, says Mardia Chem chief Cost auditors gear for shield against law suits |
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