The Hindu Business Line : Monday, May 12, 2003

SPL to focus on imports to raise revenue
IT'S a strategy that may be worth pursuing, especially if you are into manufacturing in a sector with relatively high excise duties and a number of tax-evading small-scale manufacturers. You look at imports of finished goods as an option to ... More

CORPORATE DISPUTES

`Book' problem may keep Dhara off shelves
The GCMMF, the sole sales agent of Dhara, which was directly under the National Dairy Development Board (NDDB) umbrella till it was spun off as a separate entity in 2000-01, says it has had no problem with the auditors of Dhara ever since the brand w as floated in 1989. More

OVERSEAS BORROWINGS

Corporates rush for dollar loans without forward cover
REPLACING high-cost rupee debt with low-cost dollar loans may be the flavour of the season for corporate India, but many companies are doing so without taking any forward cover against currency fluctuations. Though in the past few months, the ... More

COMPANY LAW

`New Bill will create more jobs for co secretaries'
"This is something which the Institute of Company Secretaries of India (ICSI) has been asking for," ICSI officials said. The proposed pre-certification and secretarial compliance audit would mean more job opportunities for the professionals, they sai d. More

ENVIRONMENT

Growing the right shade of Green
Corporates are now going green in a conscious effort. But the question is, are they doing all the right things to protect the environment or is the drive a mere brand-building exercise? More

RESTRUCTURING

TVS Electronics in revamp mode
TVS ELECTRONICS Ltd of the TVS group is now on the threshold of reinventing itself as a provider of IT solutions. According to Mr A. Karunakaran, President- Electronic Manufacturing Services, to fully exploit the emerging business opportunities ... More

INTERVIEW

`With big investments, ideal route is partnership' — Mr Ravi Appaswamy, MD, Residency group of hotels
THE Residency, Chennai, showed the way for a number of business class budget hotels in T. Nagar, Chennai's gold and silk district. The Residency, promoted by the Appaswamy group, now has four properties - two in Chennai, and one each in ... More

OUTLOOK

Despite being on the chopping block, HNL plans turnaround
EVEN though the disinvestment process of Hindustan Newsprint Ltd (HNL), a wholly owned subsidiary of the State-owned Hindustan Paper Corporation (HPC), is half-way through, the HNL management is determined to go ahead with its plan to increase ... More

Cal-On eyeing export markets
CAL-ON, the Hyderabad-based, small and medium enterprise, making electronic weigh machines, is setting up a new unit in Cherlapally on the outskirts of the city, with an eye on tapping the export markets, especially in the West Asian ... More

PERFORMANCE

APTransco sets record in reducing T&D losses
Andhra Pradesh has pumped in massive investments of around Rs 3,457 crore in expanding the T&D network, which helped the State in meeting the ever-growing demand even in the most adverse conditions and unpredicted drought situation. More

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