Financial Daily from THE HINDU group of publications
Friday, December 19, 2003
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Financial Daily from THE HINDU group of publications Friday, December 19, 2003 |
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CORPORATE ANNOUNCEMENTS Hero Honda going slow on third plant HERO Honda Motors on Thursday hinted that it is going slow on plans to set up a third plant and said that the enhanced capacity at its existing two plants was enough to meet demand for the next fiscal. "We have stretched the annual capacity to ... More
Casino Hotel is now `cgh earth'
Pidilite launches liquid pipe sealant
Indian Acrylics to allot shares to promoters
Sakthi Sugars defers AGM
Prime Textile shareholders nod for delisting PREFERENTIAL ALLOTMENTS Malwa board okays equity warrants issue MALWA Cotton Spinning Mills Ltd has informed the Bombay Stock Exchange that its board at the meeting held on Thursday, has approved the issue of 11-lakh equity warrants to be converted into equity shares of Rs 10 each at a premium to be decided ... More OVERSEAS BORROWINGS Hindustan Seals is now Manaksia — To raise $6.5 m through ECB WITH the expansion of its activities well past the production of crown caps, Hindustan Seals Ltd has decided to rename itself as Manaksia Ltd. The company is in the process of raising $6.5 million from the overseas market through an external ... More CORPORATE BONDS ICRA upgrades Tata Motors' NCD issues ICRA has upgraded the long-term rating assigned to the Rs 300-crore and Rs 250-crore NCD programmes of Tata Motors Ltd (TML), from `LAA' to `LAA+'. "The upgrade factors in the significant improvements achieved by TML in its cost structure is ... More MERGERS & ACQUISITIONS Govt may raise OIL's equity in Numaligarh Refinery: Shourie THE Government is considering a proposal to raise the equity of Oil India Ltd (OIL) in Numaligarh Refinery from 12.35 per cent to 26 per cent, the Disinvestment Minister, Mr Arun Shourie, informed the Rajya Sabha on Thursday. Mr Shourie said ... More NEW PROJECTS Sterlite group plans $2-b capacity expansion THE Sterlite group has finalised an investment plan of about $2 billion for the expansion and modernisation of its existing aluminium, copper, zinc and lead manufacturing facilities in the country. Speaking to Business Line, a senior ... More
Zydus Cadila plans to expand in Europe TRADE & LABOUR UNIONS Sri Asoka Textiles mill lockout lifted KOCHI: Sri Asoka Textiles Ltd, a premier spinning mill located at Asokapuram near Aluva will start its normal functioning from Friday. The company had declared a lockout consequent on agitation and some violent activities by the workers on ... More IPOS TV Today IPO oversubscribed THE India Today group company, T V Today, whose initial public offer opened on Thursday, has been oversubscribed by about 1.48 times and is expected to be listed by the third week of January. On the first day of the bidding process, over 3.5 ... More RIGHTS ISSUES Deccan Gold gets SEBI nod for rights issue DECCAN Gold Mines Ltd, the first private sector gold exploration company listed on the Bombay Stock Exchange, has received the Securities and Exchange Board of India's nod for a rights issue of 49-million equity shares. The company has set ... More BONUS ANNOUNCEMENTS Gujarat NRE proposes 1:2 bonus issue THE board of directors of Gujarat NRE Coke has proposed a 1:2 bonus issue and declared a 15 per cent dividend as against 10 per cent last year. In effect, the current bonus is on expanded equity of Rs 27.44 crore. The company has improved its ... More SICK UNITS BIFR invites bids for Hindustan Antibiotics THE Board for Industrial and Financial Reconstruction (BIFR), which met at New Delhi on Thursday to consider the fate of the ailing Hindustan Antibiotics Ltd, had directed that tenders be invited for the company. The board has given ... More OUTLOOK Skoda banks on duty cuts, stable euro for L&K launch — `Rally' version of Octavia in the offing EUROPEAN auto maker, Skoda, is hoping for reduction in customs duty and a stable euro before firming up the launch date for its new car, Laurent & Klement, while efforts are on to introduce the `Rally' versions of Octavia in the country. Though ... More
Mid-Day Multimedia hits the right note with `feel good' factor
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Top Stories In Focus Steel Industry in 2003 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 Dec. 7-Dec. 13 Funds infusion into NTC units likely soon `Attrition spreading to traditional sectors as well' Nicholas Piramal looking for buyers for tail-brands: Ajay Dysfunctional financial activism Decks cleared for BIFR closure |
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