The Hindu Business Line : Tuesday, April 22, 2003

Titan signs wage pact with union; Hosur lock-out off
TITAN Industries Ltd, a leading company in the watches and jewellery segment, has signed a new wage agreement with its employee union and has also lifted the partial lockout at its Hosur plant. The duration of the pact is for a period of two ... More

Now, it's ABB

AWARDS & HONOURS

Delhi Govt honours Coca-Cola
THE Delhi Government has accorded a special award to Coca-Cola India for its active participation in the State Government's Bhagidari programme to implement several rainwater harvesting and solid waste management schemes in various parts of Delhi ... More

CORPORATE GOVERNANCE

`Exit scheme for defunct cos will better corporate governance'
THE new simplified exit scheme for defunct companies, worked out by the Department of Company Affairs (DCA), will make implementation of corporate governance norms a more "realistic'' process, Mr L M Gupta, Regional Director, DCA, said. The ... More

SICK UNITS

Italian company to buy assets for Rs 16 cr — Draft rehab scheme for Hind Fluoro
THE Board for Industrial and Financial Reconstruction (BIFR) has circulated a draft rehabilitation scheme (DRS) for revival of the ailing Hindustan Fluorocarbons Ltd (HFCL) promoted by Hindustan Organic Chemicals Ltd (HOCL). The scheme is based ... More

OUTLOOK

Maruti hopeful of 10 pc growth in volumes
MARUTI Udyog today said it expects to grow 10 per cent while its exports are expected to grow 22 per cent during the current fiscal year. "We expect to grow by 10 per cent in volume terms," its Managing Director, Mr Jagdish Khattar, told ... More

PERFORMANCE

BSES: A miserable quarter
IT is more of the same from BSES in the fourth quarter. Continuing its trend of a rapidly declining performance in the last four quarters, BSES has declared yet another performance for the last quarter of 2002-03 that can only be termed ... More

Marico Industries: New launches, businesses pay off well
MARICO Industries has closed fiscal 2002-03 with a higher growth in its net sales than in net profits. While net sales grew by 10 per cent, net profits grew by a lower 7.6 per cent, as operating profit margins fell marginally. The growth rate ... More

Essar Steel sales up 32 pc

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