Financial Daily from THE HINDU group of publications
Friday, January 24, 2003
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Financial Daily from THE HINDU group of publications Friday, January 24, 2003 |
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CORPORATE RESEARCH & DEVELOPMENT 
Novartis terminates trials on Dr Reddy's compoundIN another blow to the basic drug discovery activities of Dr Reddy's Laboratories Ltd, the global pharmaceutical giant Novartis on Thursday announced its decision "to discontinue further development of DRF-4158", an insulin sensitiser compound ... More ANNOUNCEMENTS Tata Power shelves optic fibre plans TATA Power has shelved its plans to create a national optic fibre network. Instead, the company plans to focus on supplying quality broadband services to users in Mumbai and Pune. "We have scrapped the NLD plans after the takeover of VSNL by ... More OPEN OFFERS 
Open offers catch upWHEN the Tata group came up with an open offer last year to acquire VSNL's share from the public at Rs 220 per share, less than 10 per cent of the public shareholders accepted the offer. It's a pity that so few of them thought it fit to take ... More CORPORATE DISPUTES Govt mulls amending Arbitration Act THE Government is examining the recommendations of the Law Commission of India on the Arbitration and Conciliation Act, 1996, contained in its 176th report for a further amendment of the Act. In this connection, views of the chambers of ... More COMPANY LAW New law in offing for limited liability partnership The basic concept of limited partnership is that it may consist of one or more general partners or one or more limited partners. All partners can also have limited liabilities. More FINANCIAL PERFORMANCE Colour Chem net up on cost cuts COLOUR Chem has registered a rise in net profit at Rs 3 crore during the quarter ended December 31, 2002 as against Rs 56 lakh in the corresponding period last year. According to the company, improved results can be attributed to comprehensive ... More
Tata Steel net vaults 711 pc on product-mix, volumes
Indal net dips on lower sales
Jindal Steel net up on higher sales
Tata Power net rises on higher generation CREDIT RATING Crisil upgrades IPCL debentures CRISIL has upgraded IPCL's Rs 1,200 crore non-convertible debenture issue to AA from AA-. It also upgraded the Rs 203 crore non-convertible debenture issue to AA from AA-, upgraded the fixed deposit programme to FAA+ from FAA, and reaffirmed the ... More RESTRUCTURING Chemplast set to demerge shipping CHEMPLAST Sanmar Ltd has informed the stock exchanges that it intends to "consider a scheme to demerge the shipping business of the company". Chemplast Sanmar holds 50 per cent of the equity of Sanmar Shipping Ltd, which was created a couple of ... More ALLIANCES & JOINT VENTURES Bausch & Lomb seeks tie-up with LV Prasad BAUSCH&LOMB India, the eyecare major, has entered into talks with the LV Prasad Eye Institute to enlist technical support for the nationwide Lasik Education Programme which the company proposes to launch soon. Lasik, short for laser-assisted in ... More VENTURE CAPITAL New guidance note for venture capital funds soon VENTURE capital funds are to be excluded from the scope of the mandatory Accounting Standard (AS-13) on `Accounting for Investments' issued by the Institute of Chartered Accountants of India (ICAI). A limited revision to AS-13 is being ... More OUTLOOK Tata Engg, MG Rover poised to widen ties THE evolving partnership between Tata Engineering and MG Rover, at present focussed on Indica exports, could grow into a larger understanding, senior officials from either side said. "Strategic alignment is our vision of what may be a win-win ... More
Movenpick may make Nestle `hot' property
BPCL sees 10 pc revenue from non-fuel sales
ONGC not keen on Bhatinda refinery
NEG Micon aims at Rs 300-crore turnover this fiscal 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 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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