Financial Daily from THE HINDU group of publications
Friday, January 10, 2003
Markets (Jan. 09)
BL 2501147.29 (+13.05)
BSE Sensex3384.20 (+26.33)
S&P CNX Nifty1097.35 (+8)
Dollar (Buy/Sell)47.91/48.04
Gold Std (10 gm)5710 (+90)

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ANNOUNCEMENTS


Opel Vectra to cost Rs 15.99 lakh — GM aims to sell 1,000 cars per annum
GENERAL Motors India (GMI) today announced a price of Rs 15.99 lakh (ex-showroom, Delhi), for its new car in the premium `D' segment, the Opel Vectra. At that price, the Vectra costs slightly more than the Honda Accord but a shade less than the ... More

Ford to launch 2 models this year
FORD India Ltd has charted out major plans for the Indian market this year. "We are planning to launch two new models in to the Indian market this year," Mr Randy Shockley, Vice-President (marketing, sales and service), Ford India Ltd, told ... More

Dr Reddy's board to meet on Jan 28
HYDERABAD: The board of directors of Dr Reddy's Laboratories Ltd is scheduled to meet on January 28 to consider and take on record the unaudited financial results for the third quarter of current fiscal year ended December 31, 2002, the ... More

GAIL plans to invest Rs 12,000 cr in gas grid
GAIL India Ltd plans to invest around Rs 12,000 crore in the next seven-to-eight years towards laying a 6,400-km gas pipeline grid across the country. ``We have planned a 6,400-km gas grid inter-connecting the demand centres with supply ... More

AWARDS & HONOURS


`Training helped Maruti bag customer service award'
"IT was a combination of training in the classroom and on the job at all levels - from the dealer himself to the general manager, works manager, service advisers and customer interface personnel - that helped Maruti successfully complete ... More

MERGERS & ACQUISITIONS


Granules India promoter sells 9 pc stake
THE Managing Director and chief promoter of Granules India Ltd (GIL), the Hyderabad-based pharmaceutical company specialising in granulated paracetomol, has sold around nine per cent of his holding in the company during the last couple of ... More

E-COMMERCE & E-BUSINESS


Hero group sets up `Easy Bill'
THE Hero group, comprising leading companies, Hero Honda and Hero Cycles, has set up a new firm, `Easy Bill' to do large-scale bill collection through a countrywide network. Easy Bill, which will launch operations in March this year, will ... More

PEOPLE


Montanari is new CMD of Fiat India
FIAT India Pvt Ltd on Thursday announced the appointment of Mr Alberto Montanari as the new Chairman and Managing Director of the company. He takes over from Mr M.P. Bianchi who completed his tenure in India. Mr Montanari's last posting with ... More

NEW PRODUCTS & SERVICES


BD Biosciences unveils flow cytometry gadget
BD Biosciences, a business segment of Becton Dickinson India, the wholly owned subsidiary of the US-based $4-billion healthcare company, has unveiled the latest generation technology in the field of Flow Cytometry. Flow Cytometry makes the ... More
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Dec. 29-Jan. 4
`Feedback on Bt cotton from farmers has been positive' - Mr Sekhar Natarajan, Managing Director, Monsanto India

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`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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