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Friday, January 02, 2004

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ANNOUNCEMENTS
GR Cables develops halogen-free cable
G.R. Cables Ltd, the city-based manufacturer of jelly-filled telecom cables and power cables, has announced that it has developed and manufactured halogen-free cables of international standards at competitive cost. In a press release here on ... More

  • Alka Spinners' AGM adjourned sine die

    ACCOUNTING STANDARDS
    India Inc not in favour of private limited cos balance sheet disclosure
    INDIA Inc is not in favour of public disclosure of the annual report and balance sheet of private limited companies. "Otherwise the basic objective of such companies would be defeated," industry players said. In fact, the Federation of Indian ... More

    PREFERENTIAL ALLOTMENTS
    K Sera Sera to meet on Jan 6 on pref issue
    K SERA Sera Productions Ltd on Thursday informed the BSE that its board of directors will meet on January 6 to discuss the offer and issue of 15,00,000 equity shares to Sahara India Mass Communication Ltd on preferential basis. Additionally, ... More

    OVERSEAS BORROWINGS
    FCCB floatation norms tightened
    IN a continuation of its efforts to discourage capital inflows in view of the surge in foreign exchange reserves, the Finance Ministry has made it tougher for corporates to access funds through the foreign currency convertible bonds (FCCB) route. ... More

    INSIGHT
    India Inc: World's `reforms' playmaker
    Seizing the opportunities spawned by economic reforms to improve its managerial capability and responsiveness, India Inc. has shown that suppliers of capital, customers and government win when companies perform at higher levels and confront challenge s head on. It has proved the `government-or-the-market' economists wrong by creating value for both, the market and the government. More

    MERGERS & ACQUISITIONS
    Indian promoters buy out US partner in Rain Calcining
    THE Indian promoters of Rain Calcining Ltd (RCL), the Hyderabad-based Rs 333-crore calcined petroleum coke and power producer, have acquired the entire stake of 24.79 per cent held by the company's foreign promoter, Reliant Energy Rain. ... More

    INTERVIEW
    `Stock market is a buffet waiting to be relished'
    Mr Rakesh Jhunjhunwala loves stocks. It has been that way since his childhood. Today he is arguably the largest individual proprietary investor and one of the biggest single taxpayers of Mumbai. Mr Jhunjhunwala describes the current market as a ... More

    OUTLOOK
    RPG group proposes third party sale of power
    THE RPG group plans to begin third party power sales. This is proposed to be done through group company Phillips Carbons Black Ltd. The company has already begun talks with the State governments in this respect. Phillips Carbons, which is ... More

    PERFORMANCE
    SAIL breaks sales, production records
    STEEL Authority of India Ltd (SAIL) has broken past almost all its earlier production and sales records during the first three quarters of the current fiscal year-ended December 2003. During these nine months, the company has recorded ... More

    Hero Honda Dec sales rise 28 pc
    HERO Honda Motors Ltd on Thursday said its sales in December grew 28 per cent to 1.60 lakh vehicles. Its cumulative sales in the April-December period grew 15 per cent to 14.77 lakh units, the company said in a statement here. In 2003, Hero ... More

    Bajaj Auto sales of 2&3-wheelers up 5 pc in Oct-Dec
    BAJAJ Auto Ltd (BAL) has reported a 5 per cent rise in total sale of 2&3-wheelers to 3,96,694 units for the October-December 2003 period, against the previous corresponding 3,77,840 units. Within that three-wheeler sales increased by 22.8 per ... More

    PEOPLE

  • Ramesh Kumar is NMDC chief
    Scoreboard
    SE Diary



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  • Top Stories
    Tyre imports from China to enjoy duty sops


    SAIL breaks sales, production records

    `Stock market is a buffet waiting to be relished'

    More IT cos set to join M&A bandwagon

    Grooming customers to be `techno-ready'

    Why interest rates should go up

    Statutory minimum price: Bitter news for sugar industry

    Dumping suit against Indian shrimp export to US — China, Thailand & Vietnam also face problems

    Looking back
    Dec. 21-Dec. 27
    Sundram Fasteners completes UK plant acquisition

    Ranbaxy set to defend UK arm against price-fixing charge

    Modernisation of SAIL plants — Parliamentary panel raps Steel Ministry for delay, cost overruns

    Nicholas Piramal buys out Ambalal Sarabhai stake in jt venture


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