Financial Daily from THE HINDU group of publications
Saturday, July 19, 2003
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Financial Daily from THE HINDU group of publications Saturday, July 19, 2003 |
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CORPORATE ANNOUNCEMENTS Altair to invest $2 m, increase manpower THE Michigan-based Altair Engineering, a leading product design consulting and technology company, plans to invest $2 million in the next 12 months in India. Much of the investment will go towards sprucing up infrastructure including setting up ... More COMPANY LAW FICCI calls for review of new Companies Bill The Bill proposes to plug the loopholes prevailing in the Act since long, to avoid misuse and to protect stakeholders effectively. It proposes to insert 16 new sections, substitute 34 existing sections, amend 123 and delete 21 existing sections. More AWARDS & HONOURS COURTS/LEGAL ISSUES Hatsun sues Tirupur dairy co for trademark infringement THE Chennai-based Hatsun Agro Product Ltd, owners of the `Arokya' brand of milk and milk products, has sued a Tirupur-based private milk company for trademark infringement. Hatsun Agro, which has taken a legal recourse in the Madras High Court ... More MERGERS & ACQUISITIONS Sundram Fasteners to buy promoters' stake in TVS Autolec SUNDRAM Fasteners Ltd has informed the Bombay Stock Exchange that it has entered into an agreement with Mr K. Vasudevan and his family members for acquiring 23.55 per cent equity of TVS Autolec Ltd, from them. As per the agreement, Mr ... More NEW PROJECTS Asian Paints to raise capacity PAINT major, Asian Paints (India) is to increase capacity and look towards its international business to boost growth. At the annual general meeting in Mumbai today, Mr Ashwin Choksi, Chairman, Asian Paints India Ltd, said the company plans to ... More
Enercon wind energy project commissioned TRADE & LABOUR UNIONS `Managerial negligence causes disputes' MOST frivolous disputes in the industrial sector are due to managerial problems and can be sorted out amicably, according to the West Bengal Labour Commissioner, Mr R.P.S. Kahlon. He was addressing members of the Bengal National Chamber of ... More SOCIETY & DEVELOPMENT SICK UNITS Dunlop: Kothari to find out ways to restart units EVEN as the Appellate Authority for Industrial and Financial Reconstruction (AAIFR) has re-fixed the date on August 28 for hearing of the stakeholders on the revival package for ailing Dunlop India Ltd (DIL), the Jumbo Group of late M.R. ... More OUTLOOK Wipro sees pressure on margins easing WIPRO Ltd has said the rate of slippage of operating margins is seen stabilising even as it reported a 2.3 per cent sequential margins contraction in April-June, the first quarter of the current financial year. Operating margin was at 22.2 per ... More
WIPRO Health Sciences trips on forecast
PERFORMANCE Pricing pressure, higher costs tell on Wipro STEADY margin erosion continued to be the theme that underlined the earnings performance of Wipro Technologies, the Global IT Services and Products division of the diversified Wipro in the first quarter ended June 30, 2003. Despite registering ... More
Herbalife sales cross Rs 330 cr in 3 years
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Top Stories In Focus The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Jul. 6-Jul. 12 LABS to provide livelihood to 1 million by 2005 Tata Engg begins pilot production for Rover DaimlerChrysler plans to launch M-Class, SL Court allows divestment in Jessop Hindalco, Indal merger `not now' Infosys projects may lose Rs 100 cr on strong rupee Infosys: Revenue growth to the fore Dip in M&As in line with global trend US court rejects Dr Reddy's plea against Pfizer |
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