The Hindu Business Line : Monday, November 10, 2003

L&T bags Rs 582-cr Vizag industrial water project
IN a series of decisions, the Andhra Pradesh Government has cleared a proposal for devolution of powers to the local bodies, a package that will be able to leverage and harness the potential of the textile and garment industry, award of Vizag ... More

KPFC to pay 30 pc dividend
THIRUVANANTHAPURAM: Kerala Power Finance Corporation (KPFC), jointly promoted by the State Government and the State Electricity Board, has paid dividend amounting to Rs 34.76 lakh, which is 30 per cent of the allocable surplus, for ... More

MANPOWER

`Sony job cuts not to hit Indian arm'
The company planned to cut 20,000 jobs worldwide, i.e., 13 per cent of the global workforce. Of the job cuts, 7,000 would be in Japan. Sony employs more than a lakh people worldwide. More

ALLIANCES & JOINT VENTURES

IOC, Hyundai in pact for service facilities
INDIAN Oil Corporation has signed an agreement with Hyundai Motors for setting up Hyundai service back-up facilities at select IOC petrol pumps across the country. According to the memorandum of understanding signed here on November 7, Hyundai ... More

SICK UNITS

`Kerala Govt's last-ditch effort to save FACT'
THE Chief Minister, Mr A.K. Antony, has said that the State Government would go the full distance to ensure that the Fertilisers and Chemicals Travancore Ltd (FACT) was retained in the public sector. Speaking to newspersons on his return from ... More

OUTLOOK

Honda Siel mulls bringing in more CBU models
HONDA Siel Cars India Ltd, which is testing its waters by bringing in the CBU unit — the CR-V, is looking at options to bring in further models into the Indian market. Talking to Business Line, Mr Neeraj Garg, Head, Marketing, ... More

Corporates bullish on all fronts, says FICCI survey
GOING by the latest FICCI survey during the month of October 2003, corporate India is even more optimistic than in the last round of the chamber's Business Confidence Survey. "What was last time an undercurrent has now surfaced as the predominant ... More

OIL eyeing 40 pc stake in BPCL's pipeline project
The plan to pick up a stake in the pipeline project is an extension of its decision to increase its stake in NRL from 12.3 per cent to 26 per cent. The Government has already cleared NRL's restructuring programme More

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