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Sunday, February 09, 2003

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ACCIDENTS


Fire at NGL Fine-Chem plant
MUMBAI: NGL Fine-Chem Ltd has informed BSE that an accident caused by fire and explosion occurred at its manufacturing plant situated at Navi Mumbai. The reason for the cause has yet to be asserted. Due to this reason, the ... More

ANNOUNCEMENTS


Waterbase okays capital revamp
MUMBAI: Waterbase Ltd has informed BSE that in the extraordinary general meeting of the company held on January 25, the shareholders have approved, subject to confirmation by the appropriate High Court, the share/securities premium ... More

ACCOUNTING STANDARDS


Dressing up the balance-sheets
IT is an act that is fast catching up among major companies — that of dressing up balance-sheets by writing off accumulated expenses such as product development and employee separation costs against the surplus in the share premium account. ... More

NEW PROJECTS


Wockhardt launches 4 speciality hospitals
WOCKHARDT Hospitals today launched four new speciality hospitals at its Mulund complex in Mumbai. The company plans to set up five more hospital complexes in the next three years. The company will invest about Rs 500 crore for setting up of the ... More

ALLIANCES & JOINT VENTURES


NDDB joint ventures against divestment policy: Kurien
THE Chairman of the Gujarat Cooperative Milk Marketing Federation (GCMMF or Amul), Dr Verghese Kurien, has said that the setting up of market joint ventures by the National Dairy Development Board (NDDB) with State-level dairy cooperative ... More

OUTLOOK


Toyota expects higher earnings at Rs 2,200 cr
TOYOTA Kirloskar Motor Ltd, manufacturers of the Toyota range of vehicles, hopes to generate Rs 2,200-crore revenue in 2003, up from Rs 1,500 crore registered in 2002. Stating this during an informal interface with newspersons after a function ... More

PERFORMANCE


Sept - Dec '02 quarter report card: The black and red tally of 332 cos
IN the September-December quarter 2002, 187 companies managed to turn around and moved from losses to profit from that of the corresponding prior period. A total of 145 companies, on the other hand, moved in the reverse direction, with a splash ... More

Synergies-Dooray delivers 1,00,000 wheels to Ford
WHEELS rolled out of a hitech factory in Visakhapatnam are driving Ford's Mondeo cars across the rugged roads and terrains of Europe. The factory — Synergies-Dooray Automotive Ltd - - has successfully manufactured and delivered ... More


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Top Stories
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Cargill seeks FIPB nod for trading in futures contracts

Paper cos turn focus on high-end products

Is domestic tea consumption falling?

In Focus
Kelkar Report
Telecom Competition
Oil PSUs: Disinvestment dilemma
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collections
2002: A drought year
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
Feb. 2-Feb. 8
October-December quarter performance — Happy tidings on earnings front

Ranbaxy launches generic version of anti-AIDS drug

`We are going ahead with expansion' — Mr Rakesh Govil, Head, Corporate Strategy and Treasury, Moser Baer

Cairn Energy strikes oil, gas in Rajasthan

RPG group likely to hive off some cos — To concentrate on core competence areas

Adjustment of exchange differences — ICAI revises accounting standards

Cos can prepay FCCBs from local borrowings


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