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Sunday, February 23, 2003

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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

  • Syschem EGM on March 25

    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
    MUMBAI: NRB Bearings Ltd has informed BSE that 26 per cent shareholding in the equity capital of the company is held by Nadella SA France. With the completion of the acquisition of Torrington division of Ingersold Rand by the Timken ... More

    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
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    Rating agencies can rate `associate'

    UPS plans to launch `Internet' shipping

    Godrej & Boyce launches note banding machine

    Forex reserves rise $616 m

    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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