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Monday, August 23, 2004

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ANNOUNCEMENTS
Tata Steel slashes prices by Rs 2,000
The company has decided to reduce prices of all its major products in a bid to arrest the rising prices of steel and their end-products, Mr Ratan Tata, the Chairman of Tata Steel, was quoted as saying in a statement. The prices of the ... More

SNQS forays into spinning; plans to enter processing
THE Tirupur-based SNQS group, which is into apparel manufacture and exports, has forayed into spinning. It plans to enter processing to complete its backward integration. The group also runs a 100 per cent export-oriented socks manufacturing ... More

RESTRUCTURING
Bhilwara Group to revamp textile biz — To sell Buddy Davis, expand Mayur range
"Buddy Davis had been launched as a leisure wear brand targeted at the youth but its sales performance has been disappointing." More

TRADE & LABOUR UNIONS
Singareni Collieries signs pact with labour union
SINGARENI Collieries Company Ltd, a public sector undertaking, has entered into a memorandum of settlement with the Singareni Coal Mines Labour Union, a recognised union of the company, on 10 issues pertaining to the welfare of the ... More

PEOPLE
Ministry creates new post for suspended Coal India chief
THE Union Ministry for Coal has created a new post "supernumerary" to accommodate the company's suspended Chairman, Mr N.K. Sharma. The CIL chairman's post has been declared "vacant" with effect from August 16, and a notice has been issued ... More


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Top Stories
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Looking back
Aug. 15-Aug. 21
Wipro eyes acquisitions to grow FMCG business

ONGC hopes to strike gas on East Coast

ESPN-Star, Zee in slanging match over cricket telecast

ONGC to enter petrol retailing by fiscal-end

TNPL plans to expand capacity — To invest Rs 595 cr


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