The Hindu Business Line : Sunday, June 15, 2003

Tata Steel bags award for work on HIV/AIDS
TATA Steel has been conferred the Global Business Coalition Award (GBC) for 2003 for the company's work on HIV/AIDS awareness at the community level in Jamshedpur. The Tata Group Chairman, Mr Ratan Tata, received the award from Mr Juergen ... More

HUMAN RESOURCES

`Focus on talent management to stay ahead'
COMPANIES should concentrate on talent management and initiative to utilise intellectual capital to stay ahead in the competitive environment, according to human resource management experts. According to Mr J.N. Amrolia, Chairman, Human ... More

RESTRUCTURING

L&T board to discuss further on cement unit
YET another board meeting of Larsen & Toubro — called to discuss the issue of the restructuring of its cement division — ended inconclusively today. ICRA which had earlier been assigned to analyse the two different proposals - ... More

MERGERS & ACQUISITIONS

Tata Sons raise stake in Voltas
FOLLOWING the acquisition of Voltas' shares held by the Andhra Pradesh Government, Tata Sons Ltd has further consolidated its equity holding in Voltas. Voltas has informed the stock exchanges on Friday that it has received intimation from Tata ... More

Maharaja mills ups stake in AP Paper

REGULATORY BODIES & RULINGS

DCA panel for curbs on Sweat Equity quantum
UNLISTED companies may have to seek prior approval of the Union Government if they are to issue `Sweat Equity' shares for more than 15 per cent of total paid-up equity share capital in a year or shares of the value of Rs 5 crore, whichever is ... More

Board composition: DCA for further changes in Cos Bill
THE board composition in corporate India continues to be a thorny issue, with the Department of Company Affairs (DCA) now coming to the view that further modifications have to be made to the provision governing this aspect in the Companies ... More

SICK UNITS

Modest start on IISCO revival; BIFR orders in July
IN what marks a positive development at long last, the Steel Ministry and Steel Authority of India Ltd, while awaiting the BIFR orders clearing the limited revival package for The Indian Iron & Steel Co (IISCO), have decided to make a modest ... More

OUTLOOK

Fulford (India) hopes to resume operations soon
FULFORD (India) Ltd, the Indian affiliate of the US pharmaceutical major Schering-Plough Corporation, which had suffered a serious setback in terms of suspension of production of tablets and injectable ampoules on account of contamination of ... More

PEOPLE

L'affaire Alagh: Take the wrapper off
IT WAS rated as one of the best-managed companies in India by a leading business magazine in its latest special edition. But ironically, its managing director has just been sacked for reasons known only to the ... More

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