Financial Daily from THE HINDU group of publications
Sunday, December 07, 2003
Financial Daily from THE HINDU group of publications Sunday, December 07, 2003 |
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CORPORATE ANNOUNCEMENTS Lupin EGM okays hike in FIIs limit to 33 pc LUPIN Ltd has informed the Bombay Stock Exchange that its EGM approved increasing the limit of investment by foreign institutional investors (FIIs) to 33 per cent of the paid-up share capital of the company. Its board has also approved `in ... More
GMR plans investments in ING Vysya Life OPEN OFFERS Punjab Tractors climbing up — Poor response to open offer THE increase in stock prices of Punjab Tractors Ltd over the last four months, given the company's poor financial condition, has stumped market watchers. So much so, that the open offer by the UK-based private equity investor CDC Capital Partners ... More OVERSEAS BORROWINGS Norms relaxed for direct investment overseas by domestic cos THE Reserve Bank of India (RBI) on Saturday announced fresh steps to simplify and liberalise overseas direct investment by Indian entities. Firms registered under the Indian Partnership Act, 1932 and having a good track record, will be ... More HUMAN RESOURCES 
They serve well too, the new-age verve called flexi-staffPUSHPARAJ, who conducts surveys for an MNC in the manufacturing sector, hopes to make marketing his career. Though he is a graduate in microbiology, he feels his contract job, the third such since he finished college, is the stepping-stone to ... More MERGERS & ACQUISITIONS Reliance to pay $4 m more for FLAG Telecom FLAG Telecom has said that it has entered into a second amendment to the agreement and plan of amalgamation with Reliance Gateway that would increase the consideration of $207 million to about $211 million in cash. This reflects a new price ... More
L&T's engineering business — Structuring a good deal NEW PROJECTS Boss Profiles plans Rs 30-cr expansion The company has so far recorded a sales turnover of around Rs 12 crore and expects to register Rs 20 crore this year and nearly Rs 40 crore next fiscal. More ALLIANCES & JOINT VENTURES US co to market carbonless paper thru Srinivas Fine Arts MEADWESTVACO Corporation, a US-based manufacturer of speciality papers, will soon market carbonless paper through its sole distributor in India, Srinivas Fine Arts (P) Ltd. An agreement was signed on Saturday, which will enable Srinivas Fine ... More
Anchor teams up with UK co for modular switches INTERVIEW `Pre-qualification criterion is a major challenge' `Pre-qualification criterion in India, unlike in the other countries, require us to have undertaken a job of similar size and nature.' More OUTLOOK LG to make China factory global hub for appliances LG Electronics plans to make its factory in this port city, 137 km south-east of Beijing, its global hub for producing microwaves and air-conditioners. It plans to replace even its South Korean base to this low-cost manufacturing unit by ... More PERFORMANCE NDDB surplus slides Rs 76 cr THE National Dairy Development Board (NDDB) has reported a negative growth of Rs 76.15 crore in its surplus income during 2002-03 (April-March) at Rs 158.78 crore, down from Rs 234.93 crore in the previous year. This came even as its interest ... More PEOPLE Coal India helm: Yet another ad hoc arrangement WHILE the suspension order on the regular chairman of Coal India Ltd (CIL), Mr N.K. Sharma, has remained unaltered, the Union Ministry of Coal has made another ad hoc arrangement for the chairmanship with the incumbent Chairman, Mr Lakshmi Chand, ... More
Turner India MD also to act as senior V-P 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 Outsourcing backlash Stamp paper scam Housing finance scenario Insurance Round-up — 2003 Organic farming The Cable tangle Telecom Competition Oil PSUs: Disinvestment dilemma Rising intolerance (The Hindu) Vaishnavaite Temples in Tamil Nadu (The Hindu) Saivite Temples in Tamil Nadu (The Hindu) In Depth Insurance Corner Swati CA Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Iraq Diary Looking back Nov. 30-Dec. 6 Indraprastha Gas IPO oversubscribed on first day Cipla told to pay Rs 77 cr penalty for over-pricing Govt nod for unlisted cos' sweat equity to be mandatory Coal India mulls setting up power plants Lupin prunes debt by Rs 300 cr |
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