Financial Daily from THE HINDU group of publications
Wednesday, January 15, 2003
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Financial Daily from THE HINDU group of publications Wednesday, January 15, 2003 |
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CORPORATE ANNOUNCEMENTS 
Toyota Corolla priced at Rs 9.8 lakhTOYOTA Motor Corporation, the third largest automaker in the world, today announced the launch of its popular model, the Toyota Corolla, in India. The luxury sedan will be made available in three variants, priced at Rs 9.8 lakh for the base ... More ACCOUNTING STANDARDS New advisory panel set up on accounting standards Although Nacas was intended to be a permanent body, the Department of Company Affairs has decided to restrict the term of the committee to one year. The earlier committee's term lapsed in August 2002. More MANPOWER NTC to spend Rs 250 cr more on VRS NTC will spend another Rs 250 crore for voluntarily retiring its workforce in the textile mills identified for closure and disinvestments. This amount would be spent to settle the VRS dues for about 9,000 workers, according to Mr S.B. Mohapatra, ... More CORPORATE BONDS IDBI Flexibonds issue to open on Jan 20 IT is the peak of the "tax-plan season", and issuers are losing no time to cash in on the demand for tax-saving instruments. While ICICI Bank's retail offering is already open in the market, Industrial Development Bank of India (IDBI) today ... More RESTRUCTURING MERGERS & ACQUISITIONS Nicholas Piramal shareholders okay Global Bulk Drugs merger NICHOLAS Piramal India Ltd (NPIL) has informed that its shareholders at Tuesday's court convened-meeting, approved the scheme of amalgamation of Global Bulk Drugs and Fine Chemicals Pvt Ltd (GBDFC) and NPIL. GBDFC is among the very few USFDA ... More NEW PROJECTS WelcomHeritage plans to add properties in South BY the summer not only will WelcomHeritage be announcing three new summer locations in Ladakh, Solang Valley and Dharamshala in the North, but it would have also concretised plans to add four to five new heritage properties to its basket in the ... More
ALLIANCES & JOINT VENTURES MoU signed for golf course near Hyderabad PRAJAY Engineers Syndicate Ltd, a major construction company, has entered into a MoU with the Andhra Pradesh Tourism Department at the recently held Partnership Summit for developing an 18-hole, full-fledged golf course of international ... More INTERVIEW 
`We need to have a minimum Rs 100-cr working capital' - Mr Y.S. Choudhary, Managing Director, HTL Ltd"A PECULIAR problem with the disinvestment in HTL is that the seller of the company is also the buyer of its products. My position is totally awkward compared to the other companies that have been disinvested," says Mr Y.S. Choudhary, Managing ... More OUTLOOK Moody's changes Reliance outlook to negative THE international rating agency Moody's has changed the outlook for Reliance Industries Ltd's (RIL) senior unsecured debt securities ratings from stable to negative. However, Moody's has affirmed the existing Ba2 rating on the senior unsecured ... More
Armour to focus on Asia PERFORMANCE 
Kaante supplies the oxygen to Pritish Nandy ComONE film can make a difference. Pritish Nandy Communications Ltd's (PNCL) unorthodox production basket appears to prove just that. During 2001-02, PNCL had recorded a turnover of Rs 20.16 crore, a portion of that coming from its first two Hindi ... More PEOPLE NEW PRODUCTS & SERVICES Reliance's IndiaMobile services to roll out today RELIANCE Infocomm's `IndiaMobile' limited mobility telephone service commences rollout tomorrow, with the start of customer registrations and country-wise product and service demonstrations in all major cities and towns across the country. The ... More
Indians to get a taste of Guyanese rum soon
Ford hopes to sell 20,000 cars this year Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Inside China Stock scam unravelling Petrol pump controversy Kelkar Report Reliance & Telecom Competition 2002: A drought year Gold: Still the winner? Oil PSUs: Disinvestment dilemma NPAs in Banking Book Reviews Q3 Results In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Jan. 5-Jan. 11 Interconnect row with mobile players — Basic operators seek Mahajan help DCA for stringent entry norms for IDR issues |
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