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Sunday, August 24, 2003

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Jisco gets Rs 14.82 cr from Citicorp
JINDAL Iron & Steel Co Ltd (Jisco) has received subscription proceeds amounting to Rs 14.82 crore from Citicorp Banking Corporation, Bahrain (CBC) in lieu of the 2.78 per cent of the equity capital issued to CBC on preferential basis at the rate ... More

COURTS/LEGAL ISSUES


Daewoo goes to court against MPEB officials for refund of deposit
THE Madhya Pradesh High Court has issued a contempt notice to the Madhya Pradesh Electricity Board Chairman and the State Chief Secretary, Mr A.V. Singh, following a petition filed by Daewoo Power India Ltd. Daewoo had sought refund of ... More

RESTRUCTURING


Haldia Petro sends debt restructuring plan to IDBI
HALDIA Petrochemicals Ltd (HPL) has sent its debt-restructuring proposal to the Industrial Development Bank of India (IDBI), its lead lender. Sources said that if the proposal was accepted by IDBI and other lenders, it would form the basis for ... More

MERGERS & ACQUISITIONS


Hyderabad Ind may divest holding in Nepal venture
"Owing to various concerns about the economic viability of the project being put up by NMCL, the pace of work in the said project has slowed down." More

CORPORATE GOVERNANCE


Corporate governance — Private and public sector responses
Extracts from a speech that the US Securities and Exchange Commission Commissioner, Ms Cynthia A. Glassman, made recently. More

ALLIANCES & JOINT VENTURES


Coromandel Fert inks pact with IFFCO
FOLLOWING the Andhra Pradesh Government's divestment of stake in Godavari Fertilisers and Chemicals Ltd (GFCL) in favour of the Chennai-based Murugappa group-owned Coromandel Fertilisers Ltd (CFL), the latter has entered into a fresh ... More

OUTLOOK


Yamaha Motor aims at Rs 1,350-cr turnover
YAMAHA Motor India Pvt Ltd, a 100 per cent subsidiary of Yamaha Motor Company Ltd of Japan, has targeted a turnover of Rs 1,350 crore in the current fiscal. Last year, the company recorded a turnover of Rs 1,150 crore, according to Mr R.R. ... More
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Aug. 17-Aug. 23
Syndicated loans: SBI top book-runner

Rs 700-cr expansion plan — TNPL appoints Canadian consultant for feasibility study

To derive cost advantages — Bosch relocates products to MICO

Texas Instruments, Johnson & Johnson `best places to work'


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