Financial Daily from THE HINDU group of publications
Friday, January 17, 2003
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Financial Daily from THE HINDU group of publications Friday, January 17, 2003 |
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CORPORATE ANNOUNCEMENTS L&T appoints consultant to evaluate CDC term sheet LARSEN & Toubro has appointed an independent consultant to evaluate equity investor CDC's proposal for 6.8 per cent stake in its cement division which is planned to be demerged. "We have appointed an independent consultant to evaluate CDC's ... More
Kinetic to launch 3 bikes soon
PRIVATE PLACEMENT Private placement of debt securities — SEBI panel for full disclosure IN an effort to regulate the growing private placement market for debt securities, a SEBI committee has recommended full disclosures by listed companies making private placements to the various regulators at the time of issuing such securities. ... More COMPANY LAW Easy norms for small companies in offing The panel will comprise legal experts, accountants and representatives from small and medium enterprise. It will submit recommendations to DCA within 45 days and will complete its work within 90 days. More COURTS/LEGAL ISSUES Nagarjuna Power may move court on financial closure row THE Nagarjuna Power Corporation Ltd (NPCL) has threatened to seek legal intervention once more to ensure the financial closure of the 1,000 MW power project proposed to be set up near Mangalore. The project promoters, Nagarjuna Fertiliser ... More CREDIT RATING Godrej Consumer gets first stakeholder value rating IN its first completed assignment on the new rating parameter — stakeholder value and governance rating — ICRA Ltd has assigned SVG2 rating to Godrej Consumer Products Ltd (GCPL). The rating is on the scale of SVG1 to SVG6, where SVG1 ... More MERGERS & ACQUISITIONS German Remedies to merge into Cadila MORE than a year after acquiring majority stake in the city-based German Remedies Ltd, the Zydus Group has decided to merge the drug company into the group's flagship company - - Cadila Healthcare Ltd. The board of directors of the Zydus ... More OVERSEAS INVESTMENTS No limit for investment in overseas cos, clarifies RBI INDIAN residents can invest in equities of overseas companies without any monetary limit. This was clarified in the circular issued by the RBI following the announcement made by the Finance Minister last week. Resident individuals have been ... More DIVERSIFICATION DSCL to foray into polymer building products THE Rs 1,100-crore diversified business group, DCM Shriram Consolidated Ltd (DSCL), with interests in agribusiness, chemicals and polymers, has announced forward integration of its polymer business, by entering into the business of new-age ... More OUTLOOK Parryware: From bathroom products to solutions PARRYWARE, the Rs 140-crore sanitaryware division of EID Parry (India) Ltd, has shifted its focus from selling mere products, to offering complete bathroom solutions. This has involved setting up "customer care centres", tying up with L&T for ... More PERFORMANCE 
Exports script Ranbaxy's robust performance in Q4BUOYED by a robust growth in exports, home-grown pharma-major Ranbaxy Laboratories Ltd (RLL) today reported a thumping 323 per cent increase in its net profit at Rs 212.7 crore for the fourth quarter ended December 2002. This compares to a ... More PEOPLE NEW PRODUCTS & SERVICES 
GM unveils 2003 Corsa, SwingGENERAL Motors India today launched the upgraded Corsa, its C segment car, and the station wagon, Swing. The company hopes to sell 8,000 units of the Corsa in 2003 against the 7,000 it sold in 2002, company officials told a press conference ... 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 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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