Financial Daily from THE HINDU group of publications
Sunday, February 23, 2003
Financial Daily from THE HINDU group of publications Sunday, February 23, 2003 |
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CORPORATE ANNOUNCEMENTS Thermax bags IOC order THERMAX Babcock & Wilcox Ltd (TBW), the captive power and co-generation boiler company, has bagged the order from Indian Oil Corporation (IOC) to the tune of Rs 20 crore to install two high-end boilers at its Guwahati refinery. According to an ... More
OPEN OFFERS Delco Remy plans `individual' open offer Delco Remy currently has only 350 shareholders in the `public' category holding 68,450 shares. They propose to offer an acquisition price of Rs 44.15 per share. More CORPORATE BONDS Piramal to seek debentureholders' nod MUMBAI: Piramal Spinning & Weaving Mills Ltd has informed BSE that a meeting of the holders of 17 per cent secured redeemable partly convertible debentures of Rs 50 each of the company is scheduled on February 27, 2003. The meeting is ... More RESTRUCTURING L&T's cement de-merger: More delays suit only Grasim AS the drama unfolds with each passing week, the fate of the cement business of Larsen and Toubro appears to be increasingly getting uncertain. For a company that has been planning this de-merger for almost three years now, passing the buck to a ... More FIXED DEPOSITS Wheels India: On a roll with automobiles THE fixed deposit programme of Wheels India is suitable for those who already have a portfolio of FD investments and are interested in diversifying their risk. The interest rates are relatively lower than that offered by manufacturing ... More MERGERS & ACQUISITIONS HPCL may shed 2 pc in MRPL THE Ministry of Disinvestment (MoD) has recently sought shedding of 2 per cent of Hindustan Petroleum Corporation Ltd's (HPCL) equity in Mangalore Refineries and Petrochemicals Ltd (MRPL) prior to privatisation of the downstream major, HPCL, ... More
Timken to acquire Torrington NEW PROJECTS Granules India plans US subsidiary HYDERABAD: Granules India Ltd (GIL), the city-based pharmaceutical company specialising in directly compressible granules, has decided to set up a wholly-owned subsidiary in the US. In a statement to the BSE, the company said its ... More TRADE & LABOUR UNIONS Shifting of SAIL unit to figure in Parliament A MOVE is afoot to raise on the floor of Parliament the issue of Steel Authority of India Ltd (SAIL) shifting its raw materials division (RMD) from here. Trade unions link the move to shift the Executive Director, Mr U.K. Misra of RMD to the ... More OUTLOOK Amway India hopeful of achieving 15 pc growth in turnover AMWAY India Enterprises is hopeful of achieving a 13-15 per cent turnover growth in 2002-03 over last fiscal. In 2001-02, the direct-selling personal care, home care, nutrition products and cosmetics company recorded a turnover of Rs 625 ... 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 Run-up to Budget Kelkar Report Bottled water: How safe is it? Telecom Competition Oil PSUs: Disinvestment dilemma Housing Fin. rate war: Bonanza for consumers! NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collections Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Feb. 16-Feb. 22 ESOPs must be expensed: PwC chief Reliance Info may peg ISD call rates at Rs 5 Churning at helm of consumer durable cos Sharp Business hopes to double turnover in 2 years ABB sheds hierarchy, goes `egalitarian' Whole-time EDs may not be allowed to head audit panels KPMG asks for CFO's head Tax sops sought for people development activity |
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