Financial Daily from THE HINDU group of publications
Wednesday, January 22, 2003
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Financial Daily from THE HINDU group of publications Wednesday, January 22, 2003 |
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CORPORATE ANNOUNCEMENTS GM to set up R&D facility in India AUTOMOBILE major, General Motors Corp is to establish a research and development (R&D) and design centre in India very shortly. Disclosing this to Business Line, Mr P. Balendran, Vice-President, Corporate Affairs, General Motors India ... More
Reliance invites franchisees for retailing petrol
Matrix mulls pref offer; board to meet on Jan 28
Yokogawa Blue Star bags $3.85-m order for Omifco
EIL bags Rs 650-cr GAIL contract PREFERENTIAL ALLOTMENTS Nod for Golkonda pref allotment HYDERABAD: The shareholders of Golkonda Engineering Enterprises Ltd at a recently held extraordinary general meeting authorised the board to issue 32.5 lakh equity shares of Rs 10 each at par aggregating Rs 3.25 crore on a preferential ... More AWARDS & HONOURS MANPOWER Merck to trim staff at Taloja plant MUMBAI: Merck Ltd has announced a voluntary retirement scheme (VRS) to employees working at its Taloja plant. In a notification to the stock exchanges, the company said that the scheme would be open to the eligible employees from ... More RESTRUCTURING Cement arm: L&T meet on Jan 29 A BOARD meeting of Larsen & Toubro has been scheduled for January 29 to consider the results for the third quarter ending December 31, 2003, said a news release from the company. Apart from this routine purpose, an independent valuation of ... More MERGERS & ACQUISITIONS Asahi India to consider merger of Float Glass IT was a merger in the offing ever since Asahi India Safety Glass Ltd (AISGL) was renamed in October 2002 as Asahi India Glass Ltd (AIGL) to reflect the scope of its activities, including that of its subsidiary — Floatglass India Ltd (FGL), ... More NEW PROJECTS Standard Fireworks sets up two units in China STANDARD Fireworks at Sivakasi, near here, one of the leading players in the fireworks industry, has commissioned two factories in China. According to Mr Rajasingh Chelladurai, Director, the move has been made with an eye on tapping the ... More REGULATORY BODIES & RULINGS Cost auditor can't be audit panel member ANY doubts on whether a cost auditor can be a member of audit committee has been put to rest with the Department of Company Affairs (DCA) reiterating that the cost auditor cannot become a member of audit committee and wherever appointed, can only ... More ALLIANCES & JOINT VENTURES Color Chips signs up with 2 foreign firms for content COLOR Chips India Ltd has signed up with Diamond Comics Pvt Ltd, Asia Pacific Communication Associates, for supply of its contents, comics, popular characters and features. It has also bagged a 3D animation project from A.Vision Communications ... More INTERVIEW 
We hope to turn around next year, says SAIL chief — Mr V.S Jain, Chairman, Steel Authority of IndiaMR Virendra Singh Jain, the erstwhile Finance Director of Steel Authority of India (SAIL), assumed charge as the Chairman on October 1, 2002. The timing coincided with revival of the steel industry as a whole though SAIL itself is still ... More STANDARDS & BENCHMARKS IJM gets ISO 9001:2000 HYDERABAD: The Hyderabad-based IJM (India) Infrastructure Ltdengaged in construction projects and maintenance of road projects and buildings, has been awarded ISO 9001:2000 accreditation by the American Quality Assessors International ... More OUTLOOK Tata Engg sees huge potential for LCVs TATA Engineering hopes to increase its market share of 46 per cent in the light commercial vehicle segment by positioning its latest offering, Tata 207 DI pick up vehicle, as a convenient transhipment medium for city deliveries from the ... More PERFORMANCE Cold wave, cost cuts see Usha heater sales jump 40 per cent THE cold wave in the North has not been harsh on everyone. Not only have appliance companies making heaters and convectors been able to get rid of accumulated stocks but their total sales for the season has seen a double-digit jump as compared ... More
Billing up 25% for International Travel House ECONOMIC OFFENCES No corporate activity immune to fraud: PwC According to the PwC report, the risk of fraud is equally high at every level and in every marketplace. And no area of corporate activity is immune to fraud. More PEOPLE V.N. Rai is Oman India Fert chief NEW DELHI: Mr V.N. Rai, Managing Director, Kribhco, has become the first Indian to occupy the position of the Chairman of Oman India Fertiliser Company (OMIFCO), a $969-million joint venture abroad, after a decision was by the company's ... More
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Top Stories In Focus Kelkar Report Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Gender Justice Simple Economics India Interior Consumer Notes Tax Talk Industry Analysis 2002: A drought year Gold: Still the winner? Books and Reviews Looking back Jan. 12-Jan. 18 IOC plans to foray into African markets No limit for investment in overseas cos, clarifies RBI Directors not liable for certain FI defaults |
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