Financial Daily from THE HINDU group of publications
Wednesday, March 12, 2003
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Financial Daily from THE HINDU group of publications Wednesday, March 12, 2003 |
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CORPORATE ANNOUNCEMENTS IOC seeks to buy less from Reliance Petro — To absorb more from MRPL INDIAN Oil Corporation (IOC) is combing its agreement with Reliance Petroleum Ltd (RPL) to see if it can reduce the quantity of products it purchases from the refiner so that it can absorb additional capacity from MRPL, which has recently entered ... More
SCI to pay Rs 3 interim dividend
PREFERENTIAL ALLOTMENTS Timex to invest Rs 25-cr more in Indian arm THE US-based Timex Watches BV, the parent company of Timex Watches Ltd, is going to make an additional investment of Rs 25 crore into its Indian subsidiary. The investment, which was cleared by the company's shareholders today, has been made by ... More CORPORATE DISPUTES Eli Lilly sues Dr Reddy's on Olanzapine ELI LILLY, the global drug major, has sued Dr Reddy's Laboratories Ltd, alleging that the latter had infringed its patents in the case of Olanzapine orally disintegrating tablets (ODT). Eli Lilly's law suit in the Southern District Court of ... More COURTS/LEGAL ISSUES HC directs Spectrum to hold AGM on March 20 THE Andhra Pradesh High Court on Tuesday vacated the stay given by the City Civil Courts on holding of the seventh annual general meeting (AGM) of Spectrum Power Generation Ltd (SPGL). The High Court directed the company to hold its AGM on March ... More HUMAN RESOURCES HRD seminar stresses on new strategies PARTICIPANTS at the two-day national workshop on HRD strategies for organisational effectiveness of the National Agricultural Research Service (NARS) have stressed the need for human resources development in the light of rapid technological ... More RESTRUCTURING Viceroy plans debt swap VICEROY Hotels Ltd (VHL), the Hyderabad-based hospitality major, is planning to go in for swapping the high-cost debt. This move is aimed at reducing the interest burden and improve the bottom line. Accordingly, the company has decided to ... More MERGERS & ACQUISITIONS Rs 290-cr deal with Adani — P&O clears FIPB hurdle for Mundra terminal stake P&O Ports is close to acquiring 100 per cent stake in Adani Container (Mundra) Terminal Ltd (ACTL) from Adani Group in a deal worth Rs 292 crore ($60 million). The deal was granted approval by the Foreign Investment Promotion Board (FIPB) ... More CORPORATE GOVERNANCE Move to boost SMEs' corporate governance TO propagate the concept of corporate governance and to create awareness on compliance of statutory laws by small and medium companies, a memorandum of understanding (MoU) has been signed between NISIET, an organisation of the Union Ministry of ... More NEW PROJECTS Orissa aluminium project — Birlas want Govt to tackle resistance to land transfer THE A.V. Birla group, which has planned to set up a Rs 11,000-crore aluminium project in Orissa, proposes to release payments once the land lease is transferred. The green field exercise, named Aditya Aluminium, has turned a corner with a Birla ... More
Modern veg seed plant to come up at Aurangabad REGULATORY BODIES & RULINGS RoC offices in Delhi, Haryana well run: Minister WHILE agreeing that improvement in the functioning of all Registrar of Companies (RoC) offices is required, the Department of Company Affairs (DCA) has maintained that the RoC offices in Delhi and Haryana are comparatively well run. Responding ... More INTERVIEW 
`New plant will solve surplus lignite problem' — Mr S. Jayaraman, CMD, Neyveli Lignite CorporationTHE time has perhaps come for the public sector power utility, Neyveli Lignite Corporation, to change its name. Going by the plans the company has for its expansion and growth, there would soon be nothing `Neyveli' or `lignite' about it. In ... More PERFORMANCE Essel Propack global operations net rises 5 pc ESSEL Propack Ltd has reported a five per cent increase in its net profit at Rs 65.1 crore for the year ended December 31, 2002 for its global operations including India, compared to Rs 62 crore in the previous year. The net profit growth has ... More PEOPLE Motwani is V-P Godrej Appliances MR Shyam Motwani has been promoted as the Vice-President, Marketing and Exports, Godrej Appliances Ltd. Prior to this, he was holding the post of Senior General Manager, Marketing, at the company. He is currently responsible for marketing of ... 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 NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Mar. 2-Mar. 8 Will Coromandel interest trigger open offer on GFCL? — AP Govt seeks Iffco view on divestment Office to detect white-collar frauds to be in place by April Chevrolet Forester to hit India on March 10 |
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