Financial Daily from THE HINDU group of publications
Friday, September 12, 2003
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Financial Daily from THE HINDU group of publications Friday, September 12, 2003 |
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CORPORATE ANNOUNCEMENTS Hind Motors lines up new Amby versions HINDUSTAN Motors Ltd (HML) has lined up 3-4 launches for the current fiscal, the new `Grand' version of the Ambassador being only one of the them. According to Mr S. Burman, Vice-President (Marketing), HML, the others include a multi-utility ... More PREFERENTIAL ALLOTMENTS Jain Irrigation pref allotment JAIN Irrigation Systems Ltd has decided to make preferential allotment up to Rs 46 crore of equity shares of Rs 10 each to the US-based private equity investment fund, Aqua International. The price at which the allotment has been made is said ... More RESTRUCTURING Saregama to hive off TV software division THE scheme of reconstruction of Saregama India Ltd (SIL) was discussed today at a meeting of the minority shareholders, with the issue being sent to the polls. Under the scheme of arrangement approved by SIL board, with effect from June 30, ... More MERGERS & ACQUISITIONS Asian Paints arm acquires Fijian co ASIAN Paints (India) Ltd has acquired the entire stake holding of Taubmans Paints (Fiji) Ltd through its subsidiary in Fiji, Asian Paints (South Pacific) Ltd (APSP) for a total cost of $1.42 million. The company said its Fiji acquisition will ... More
Russell Credit ups stake in VST NEW PROJECTS 
Adani Wilmar to set up 1,200 tpd refinery — To expand edible oil biz; focus on exportADANI Wilmar Ltd is eyeing 40 per cent growth in its turnover for the current fiscal at around Rs 1,750 crore, primarily from expanding its branded edible oils business. Having touched 100 per cent capacity utilisation with its existing edible ... More REGULATORY BODIES & RULINGS No overlap between SEBI, DCA: Bajpai INDIA Inc might think there's a lot of regulatory overlap between the Securities & Exchange Board of India and the Department of Company Affairs, but the SEBI Chairman, Mr G.N. Bajpai, doesn't. On Thursday, he maintained that there was no ... More TRADE & LABOUR UNIONS Chittivalasa jute mill staff to intensify stir THE leaders of different trade unions in the State have warned the Chittivalasa jute mill management and the State Government that the agitation will be further intensified, unless the management agrees to revoke the Section 9 (A) or the ... More ALLIANCES & JOINT VENTURES Ranbaxy MoU with AP for research facility RANBAXY Laboratories has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Government for setting up a research facility in the State. The State Government has indicated its willingness to provide 10 acres of land to facilitate ... More RIGHTS ISSUES Chettinad Cement board to meet on Sept 16 on rights issue THE board of Chettinad Cement Corporation Ltd will meet on September 16 to consider a proposal to issue equity shares on a rights basis. When contacted, company officials would not divulge the likely size of the issue or the purpose of raising ... More
Electrolux awaits SEBI nod for rights issue — Launches Oxy range of refrigerators OUTLOOK 
We don't foresee significant jump in imports of acrylic fibre: OswalTHE senior management of Vardhman Acrylics Ltd (VAL), part of the Rs 1,700-crore turnover Vardhman group, does not foresee significant jump in imports of acrylic fibre into the country during the current year. Imports of acrylic fibre have ... More
UK organic farming firm scouting for partners
Toyota Kirloskar targets 2 lakh cars 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 Cola Controversy The Cable tangle Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Aug. 31-Sep. 6 Corporate bigwigs have divergent views on CFOs |
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