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Monday, January 06, 2003

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BUYBACK


Leo Burnett to raise stake in Indian venture
LEO Burnett Worldwide Inc is planning to increase its stake in Leo Group India through a buy-back offer. The foreign parent currently holds 74 per cent equity in the Indian advertising agency, while a Mauritius-based overseas corporate body ... More

PSIDC okays buyback deal with Ind-Swift
IND-SWIFT Ltd has received clearance from the Punjab State Industrial Development Corporation's (PSIDC) Project Approval Board for the purchase of the latter's 23.14 per cent equity stake in group company, Ind-Swift Laboratories Ltd. The purchase ... More

PREFERENTIAL ALLOTMENTS


BSNL not keen on parking Rs 200 cr in ITI
IN what could be a big setback to ITI Ltd., telecom behemoth Bharat Sanchar Nigam Ltd (BSNL) has expressed reservations about investing Rs 200 crore in the form of preferential shares, as has been done by sister company Mahanagar Telephone Nigam ... More

CORPORATE DISPUTES


Interconnect row with mobile players — Basic operators seek Mahajan help
THE private basic service operators have sought the intervention of the Union Communications Minister, Mr Pramod Mahajan, to ensure that the cellular mobile service providers (CMSP) reach suitable interconnection agreements with them. In a ... More

HUMAN RESOURCES


Making employees feel at home
A good orientation programme helps workers establish a better understanding of the organisation, its goals and culture, all of which build long-term commitment and performance. Each company has to shape an orientation model that suits their culture , growth path and expectation. And this has to be constantly re-modelled to incorporate changing paradigms. More

MERGERS & ACQUISITIONS


DEA opposes Birla group's Chambal Agritech plan
The Birla group's plan involves acquisition of majority stake in its joint venture partner in CAL, Technico of Australia, through the Singapore-based company, which will then be ploughed back to India. More

INTERVIEW


`More than 3-4 operators unviable' — Mr R.A. Venkitachalam, Chief Operating Officer, BPL Mobile
The tariff announced by WLL operators is an introductory offer. We would like to wait and watch further developments in this area, before taking a more definite view. More

OUTLOOK


i-flex expects brisk growth in products business
FINANCIAL software products and services firm i-flex Solutions Ltd expects its products business to outpace services growth this year. As a result, the company expects a change in the ratio of its revenue mix in favour of products to 65:35 for ... More

PERFORMANCE


VSP April-Dec turnover up 18 pc
VISAKHAPATNAM Steel Plant (VSP) saw an increase of 18 per cent in its turnover, which grew from Rs 2,777 crore to Rs 3,273 crore between April and December 2002 over the same period in 2001. A VSP release said that while domestic sales ... More
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Top Stories
`IT training will continue to be in demand' — Mr Pramod Khera, CEO and Managing Director, Aptech Ltd


Rubber erases wrinkles off small growers' face

T+2 system will put India in a select band

The fallacy of raising crop yields

Interconnect row with mobile players — Basic operators seek Mahajan help

With cargo growth, Indian ports in full sail

In Focus
Inside China

Stock scam unravelling
Petrol pump controversy
Kelkar Report
Reliance & Telecom Competition
2002: A drought year
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Looking back
Dec. 29-Jan. 4
`Feedback on Bt cotton from farmers has been positive' - Mr Sekhar Natarajan, Managing Director, Monsanto India

UB move to buy Mallya's US assets suffers setback

DCA seeks total transparency in assets valuation

`We are coming out of everything sub-scale' — Mr Ajai Chowdhry, Chairman and CEO, HCL Infosystems Ltd

In the interest of better governance

Cutting costs...at what cost to Bhopal residents?

SEBI directs listed cos to do secretarial audit

`Accountability must be built into corporate governance'


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