Financial Daily from THE HINDU group of publications
Saturday, January 18, 2003
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Financial Daily from THE HINDU group of publications Saturday, January 18, 2003 |
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CORPORATE MODERNISATION Kochi Refineries to expand capacity AS part of the expansion-cum-modernisation programme, the Union Minister of Petroleum and Natural Gas, Mr Ram Naik, has said that the capacity of Kochi Refineries Ltd will be raised to 10 MMTPA from the present 7.5 MMTPA. The investment at the ... More ANNOUNCEMENTS 
Reva to expand product range — Designs car for the handicappedTHE country's first electric car manufacturer, Reva Electric Car Company is all set to leverage its expertise in the segment and expand its product portfolio aggressively in the next year and a half. The company would begin its expansion by ... More
Philips arm CSI is now Bosch Security Systems ESOPS ACC allots 39,600 shares under ESOP ASSOCIATED Cement Companies Ltd has allotted 39,600 shares against exercise of stock options granted to employees under the employees stock option plan (ESOP) 2000. This was decided by the shareholders/investor grievances committee of the board ... More COMPANY LAW Serious fraud office to be operational by Feb-end THE proposed Serious Fraud Investigation Office (SFIO), an agency for investigating major corporate frauds including cheating of shareholders, depositors and investors, will be operational by the end of February. Further, the SFIO may also ... More CORPORATE BONDS Bharti Cell NCD under rating watch BHARTI Cellular's Rs 175-crore non-convertible debenture (NCD) programme, rated `A+' by Crisil has been placed on `ratings watch with developing implications,' following the uncertainty over the competitive position of GSM players vis-a-vis the ... More MERGERS & ACQUISITIONS Tata Power to take 10% stake in PTC TATA Power Company Ltd today signed an agreement to acquire one crore equity shares in Power Trading Corporation of India representing 10 per cent of PTC's additional share capital. The investment worth Rs 10 crore will be payable in one or more ... More REGULATORY BODIES & RULINGS Directors not liable for certain FI defaults SETTING to rest all doubts surrounding the disqualification of directors of public financial institutions (PFIs), the Department of Company Affairs (DCA) has now decided to clarify that default of privately placed bonds or debentures or debt ... More
Watchdogs are on a slanging match ALLIANCES & JOINT VENTURES GAIL in pact with EIIL for LPG transportation GAIL (India) Ltd has entered into an agreement with Energy Infrastructure (India) Ltd (EIIL) for transportation of 1,05,000 tonnes of LPG per annum. Under the contract, EIIL will deliver LPG at Jamnagar for transportation through pipeline and ... More INTERVIEW Geojit coming to Coimbatore `Geojit has been in this business for the last 17 years and hence we are long-term players in the market. Perhaps one can say that we were also waiting for the market to settle down in Coimbatore.' More SICK UNITS BIFR moots Radico Khaitan, Abhishek Cements merger THE Board for Industrial and Financial Reconstruction (BIFR) has sanctioned a Rs 5.4-crore rehabilitation scheme for the ailing Abhishek Cements Ltd (ACL). The scheme of rehabilitation envisages a reverse merger of Radico Khaitan Ltd (RKL) ... More OUTLOOK GE Shipping plans investments in shipping, offshore biz GREAT Eastern Shipping Co Ltd (GE Shipping), which withdrew some time back from bidding for disinvestment candidate, Shipping Corporation of India (SCI), is planning some other significant investments. Confirming this at Thursday's press ... More
SAIL sees 50% jump in exports Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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