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Monday, August 18, 2003

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Hind Motors plans to delist from DSE
HINDUSTAN Motors Ltd (HM) has planned to delist its ordinary shares from the Delhi Stock Exchange (DSE). A resolution in this regard is expected to be passed by shareholders of the company at its forthcoming annual general meeting scheduled to be ... More

MERGERS & ACQUISITIONS


Twinstar seeks to hike holding to 75 pc — Sterlite plan to up foreign stake comes under scrutiny
THE Sterlite Group's plan to increase foreign equity in the flagship company, Sterlite Industries Ltd (SIL), from the present 55.13 per cent to 75 per cent has come under the Government scanner. This is in view of the fact that the company ... More

NEW PROJECTS


Timex plans to set up resource centre in Noida
TIMEX Watches Ltd is in the process of setting up a resource centre at its Noida plant. Mr Kapil Kapoor, Managing Director of Timex Watches Ltd and Regional Director (South Pacific and India), said: "The centre will carry out back-end ... More

TRADE & LABOUR UNIONS


ONGC staff threaten to boycott MI-172 copters
UNIONS of Oil and Natural Gas Corporation Ltd today threatened to boycott the "unsafe" MI-172 helicopters from August 19. They have also planned `tool down' and `work to rule' agitations at Mumbai offshore installations and offices. A joint ... More

INTERVIEW


`Ispat to focus on cost cutting in current fiscal'
AT Ispat Industries Ltd, cost reduction will be a major focus during the current fiscal. Having returned to profits in 2002-03 after four years the company is looking at all aspects of cost-pruning initiatives - debt restructuring, raw ... More

SOCIETY & DEVELOPMENT


Keltron arm to train disabled for employment
KELTRON Controls, the instrumentation division of the Public Sector Kerala State Electronics Development Corporation Limited (Keltron), which took up rehabilitation of the physically disabled in December 2000, is now planning to formulate ... More
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Looking back
Aug. 10-Aug. 16
CBO: A new name for company secretary?

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Jobs on lease turning permanent


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