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Monday, February 23, 2004

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ANNOUNCEMENTS
Tata Group to invest $2 b in telecom biz
IN order to expand and grow its telecom business, the Tata Group has earmarked investments of $2 billion (Rs 9,000 crore) to be made in over the next two years in Tata Teleservices. Speaking to reporters on the sidelines of the inaugural ... More

  • Morepen meet on warrants issue

    PREFERENTIAL ALLOTMENTS
    BSES to make preferential offer to Reliance group, FIs
    THE board of BSES Ltd - the company to be re-launched next week as Reliance Energy - today approved a preferential offer of equity shares and or equity related securities to the Reliance Group and major institutional shareholders, to ... More

    INSIGHT
    Why does Comcast want to take over Disney?
    IT LOOKS like we are about to be exposed to another instance of managerial hubris on a gigantic scale. Over a week ago, Comcast announced a hostile bid to takeover Disney. Comcast is the largest cable company in the ... More

    COURTS/LEGAL ISSUES
    HK court to decide on SWC case continuation on March 11
    THE longest running spat in the Indian alcoholic beverage sector continues. A Hong Kong high court has fixed the date of March 11 to decide whether to continue the trial for compensation in a case where it ruled last month that the UB group ... More

    MERGERS & ACQUISITIONS
    L&T eyeing acquisition in US
    LARSEN & Toubro (L&T) is eyeing the US markets for a possible acquisition in the engineering and technology space. It is also open to the idea of acquisitions in the domestic market in areas other than engineering and technology. "We need to More

    NEW PROJECTS
    M&M mulls assembly line in Indonesia
    AS part of its overseas expansion plans, Mahindra and Mahindra is considering setting up an assembly line for its utility vehicles in Indonesia. "Indonesia is a key market for us in East Asia, and we are exploring the possibility of setting up ... More

    EVENTS
    `Privatisation in defence must be accelerated'
    THE Central Government must accelerate the privatisation programme, announced two years ago, in the defence sector by implementing its policy pronouncements, the Chairman and Managing Director of Larsen & Toubro Ltd, Mr A.M. Naik, has said. ... More


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    Demystifying China


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    Tata Coffee to focus more on value-added segment

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    GAIL to raise $100 million through ECBs by June


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