Financial Daily from THE HINDU group of publications
Tuesday, April 08, 2003
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Financial Daily from THE HINDU group of publications Tuesday, April 08, 2003 |
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CORPORATE ANNOUNCEMENTS 
HCL Tech bags $160-m BT dealHCL Technologies, the Shiv Nadar-promoted software major, on Monday announced it has won a business process outsourcing (BPO) deal worth $160 million from the BT Group, UK's telecom service provider. The five-year contract was the largest deal ... More
Vadilal scotches takeover rumours — Scouting for partners in processed foods arm
ACCOUNTING STANDARDS DCA accepts many recommendations — Naresh Chandra voice to find echo in Bills THE Department of Company Affairs (DCA) has accepted most of the suggestions of the Naresh Chandra Committee on `Corporate audit & governance'. These recommendations are likely to form part of the two proposed Bills — Companies ... More OPEN OFFERS Clariant to make open offer for 20% Colour Chem stake THE Switzerland-based speciality chemicals major Clariant International Ltd AG will make an open offer to acquire 20 per cent stake in Colour Chem Ltd at Rs 318 per share. In a notification to the stock exchanges, EBITO Chemiebetelligungen AG ... More OUTSOURCING Kennametal mulls BPO outsourcing KENNAMETAL Inc, world's second largest metals company and the parent of Widia India Ltd, is likely to outsource customer support efforts to Indian call centres to cut costs, the Widia Managing Director, Mr Kumar Kanetkar, said. ``We are ... More AWARDS & HONOURS COURTS/LEGAL ISSUES SC rules against I-T Dept claims, says Tata Chem TATA Chemicals Ltd said that the Supreme Court has ruled in its favour with regard to Income-Tax Department's claims worth Rs 400 crore. ``The claims by the income tax authorities pertain to interest expenses capitalised by Tata Chemicals ... More
RESTRUCTURING ECC revamped into 4-business sector model LARSEN & Toubro has restructured its Chennai-based Engineering Construction and Contracts division, telescoping the 18 strategic business unit structure into a four-business sector model. This is part of the company's plan for its ECC division ... More
CORPORATE GOVERNANCE Narayana Murthy panel report on corporate governance — Is whistle blower policy practical? THE whistle blower policy recommended in the recent report of SEBI's committee on corporate governance and Clause 49 of the Listing Agreement, which was headed by Mr N.R. Narayana Murthy, Chairman and chief mentor of Infosys Technologies, seems ... More NEW PROJECTS 
JCB plans to make Indian arm export hub for South AsiaLEADING earthmoving equipment manufacturer, the $1.5-billion JC Bamford Excavators is planning to develop India as an export hub for the South Asian markets and will soon be investing towards capacity expansion at its Indian facility. "We will ... More
Uranium Corpn to set up mining unit in Algona dist
ALLIANCES & JOINT VENTURES V9 Broadband in pact with US co V9 Broadband Technologies, engaged in research and commercial deployment of next generation broadband networks, has tied up with IP Deliver Inc of the US for establishing research and development centres at Bangalore and Tirupati. Under the ... More
BPCL ties up with HM for co-branded lubricants ECONOMIC OFFENCES ICSI tightens disciplinary mechanism THE recent spate of white-collared frauds has pointed fingers at the company-auditor nexus. In order to combat any such professional misconduct of its members, the Institute of Company Secretaries of India (ICSI) has spruced up its disciplinary ... More PEOPLE 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. 30-Apr. 5 Philanthropy with a difference `Ethics are important' for top brass HSL: In the dock How foods failed to add muscle to HLL Honda Motor to import two-wheeler built units — Changes royalty payment norms |
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