Financial Daily from THE HINDU group of publications
Friday, August 08, 2003
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Financial Daily from THE HINDU group of publications Friday, August 08, 2003 |
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CORPORATE ANNOUNCEMENTS NRI has not bought stake, says Matrix REFUTING the news that appeared in a section of the media that a US-based NRI has acquired two per cent equity shareholding in the company, Matrix Laboratories Ltd (MLL), which merged with itself the Ranbaxy-owned Vorin Labs and the Chennai-based ... More
Savoy Suites opening at Noida on Aug 12
BHEL bags Rs 188-cr order from Tata Power ACCOUNTANCY CAs can post their photos on Web sites CALL this a relaxation in the code of ethics governing the profession of chartered accountancy or a mere change in mindset in tune with the changing business environment. Chartered accountants in practice have now been permitted to post their ... More MANAGEMENT Madura Garments recasts top management THE AV Birla group-acquired Madura Garments, which slipped in performance last year, has overhauled its management structure with restructuring of duties and creation of new domains for strategic initiatives. At the top, the Group Executive ... More FINANCIAL PERFORMANCE CONSUMER FINANCE 
Ford pushes Mondeo with zero interest offerFor outright purchases, Ford dealers are offering discounts. But the bigger bargains and surprises are when one opts for the financing schemes. Ford Credit, the financing arm of Ford India, has quietly gone ahead and waived interest on those ... More CORPORATE GOVERNANCE `Better corporate governance need of the hour' THE good news is that there is a move toward better governance the world over, as companies realise the advantages of better corporate governance, and shareholders demand higher standards. The bad news is that some markets such as India are ... More NEW PROJECTS Granules plans Rs 100-cr integration programme GRANULES India Ltd (GIL), the Hyderabad-based manufacturer of directly compressible granules and a leading global manufacturer of granulated paracetamol, has chalked out a forward and backward integration programme, involving a capital outlay of ... More
NMDC to set up steel plant in Chhattisgarh ALLIANCES & JOINT VENTURES SBI, TAFE tie up for tractor loans STATE Bank of India and Chennai-based Tractors and Farm Equipment Ltd (TAFE) have entered into a Memorandum of Understanding, under which farmers who buy TAFE's tractors using SBI's loans will get some financial benefits. These include a ... More
BHEL pact with NTPC for engg service venture
Indian Hotels ties up with Mauritian resort SOCIETY & DEVELOPMENT 
ITC shows social responsibility at ChiralaWHAT has green leaf threshing (GLT) for cigarette manufacture got to do with social reform? On the face of it, nothing. But if one was to hear the story of how the giant Chirala GLT plant of ITC came to be set up in 1927 in such a quaint place, ... More DIVERSIFICATION 
Group Apollo forays into online lotteryAPOLLO International Ltd (AIL), a part of the Rs 2,300-crore Group Apollo, has announced its foray into the online lottery business. The company, which is currently engaged in the export of tyres and manufacture and exports of bulk drugs and ... More SICK UNITS Daewoo India plant humming again, but when will cars roll out? AFTER nearly a year of mothballing, the Surajpur plant of Daewoo Motors India Ltd is humming back to life with 166 staffers being recalled for operational maintenance. Expectation is rising among workers as the buzz around the factory is that the ... More
Pitti AGM okays preferential offer OUTLOOK Buddha may bless Pentamedia with $20 m revenue PENTAMEDIA Graphics has pegged the revenue potential of its $6-million animation film, Buddha, at $20 million, which it expects will accrue in two to three years. The film, which is being produced in collaboration with Singapore's ... More
PERFORMANCE UB Spirits Division tops in July sales THE first month sales of Indian Made Foreign Liquor (IMFL) under the newly-formed Karnataka Beverages Corporation suggests that UB Spirits Division (UBSPD) has emerged as leader with sales of 2.72 lakh cases. The sales figures of UBSPD during ... More
Eicher posts 16 pc sales growth in July
Vizag steel plant achieves Rs 522 cr sales in July PEOPLE Mallikarjundas appointed Starcom Media Director THE Publicis Groupe-owned Starcom Worldwide had recently appointed Mr C.R. Mallikarjundas as Media Director in its Mumbai office. Mr Mallikarjundas, who was heading the media function at Asian Paints, will head one of Starcom's seven key ... More 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 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. 27-Aug. 2 UB Spirits offers to share profits with executives Suzuki takes joint venture route for 2/3 wheelers Pharma cos upbeat on BPO opportunities: Ranbaxy CEO HLL: Regaining health, but gradually Tata Chem sees growth in knowledge chemicals |
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