Financial Daily from THE HINDU group of publications
Saturday, November 06, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

CORPORATE

RESEARCH & DEVELOPMENT

  • BHEL facility inaugurated in Hyderabad

    ANNOUNCEMENTS
    Gillette takes a swipe at fakes
    GILLETTE India Ltd (GIL), along with the Weights and Measures Department, Noida Legal Metrology, raided marketers of grey Gillette products that were being sold without proper requisite packaging declarations. The raids were conducted by Mr ... More

    Bajaj Hindusthan begins production at UP plant
    BAJAJ Hindusthan Ltd (BHL) on Friday commenced commercial production at the Greenfield sugar plant at Kinauni near Meerut in Uttar Pradesh. With a production capacity of 7,000 tonnes sugarcane crushed per day, it is the largest refined sugar ... More

    Corus plans investment in flat products in India
    THE $12-billion European steel giant Corus will formalise a short and medium term strategy for investment in flat products in India. The 19 million-tonne steelmaker has just come out of the red and is now considering investments for future ... More

  • Petronet LNG: Correction

    INVESTMENTS
    When companies can sweat it out...
    ... do we need to reduce corporate tax, asks K. Parthasarathi More

    COURTS/LEGAL ISSUES
    Morarjee Goculdas obtains HC nod to distribute MBL shares
    MORARJEE Goculdas Spinning & Weaving Company Ltd has informed the BSE that the Scheme of Arrangement between the company and its equity shareholders for distribution free of cost by the company to its equity shareholders, the equity shares of ... More

    ACCOUNTANCY
    `CAs ready to tackle global competition'
    THE Institute of Chartered Accountants of India (ICAI) on Friday conveyed to the Government that its members are ready for competition, setting to rest all doubts about opening up the domestic market for foreign practitioners under the General ... More

    NON-PERFORMING ASSETS
    XLRI proposes EPFO revamp
    XLRI Jamshedpur, mandated by the Employees' Provident Fund Organisation (EPFO) to suggest reform measures, has proposed sweeping changes in the organisation's structure. The B-School, which has already sent in its report to the PF authority, ... More

    MERGERS & ACQUISITIONS
    HC clears Matrix Labs merger proposal
    MATRIX Laboratories Ltd (MLL), the city-based pharmaceutical major, has informed the stock exchanges on Friday that the Andhra Pradesh High Court has sanctioned the scheme of arrangement for amalgamation amongst Vera Laboratories Ltd, Fine Drugs ... More

    United Phosphorus' US arm acquires AG Value for $36 m
    UNITED Phosphorus Ltd has informed BSE that United Phosphorus Inc, a subsidiary of the company in US, has acquired 100 per cent shares of AG Value Inc, at a consideration of $35.75 million (around Rs 161 crore). This company is a supplier and ... More

    Henkel Spic board to consider merger
    CHENNAI: Henkel Spic India Ltd has informed the Bombay Stock Exchange that a proposal to of merge itself with Henkel India, formerly known as Calcutta Chemical Company Ltd, will be considered at a meeting of the board of directors on ... More

    NEW PROJECTS
    Plus Paper to set up facility in HP
    PAPER cups major Plus Paper Foodpac Ltd (PPFL) has plans to set up its second manufacturing facility at Baddi in Himachal Pradesh. The company's existing plant at Navi Mumbai in Maharashtra has an annual installed capacity of 378 million cups ... More

  • Banswara board okays new plant

    REGULATORY BODIES & RULINGS
    Ministry chalks out measures to safeguard investors
    PRIORITISING investor protection in the backdrop of corporate frauds and failures worldwide, the Ministry of Company Affairs has chalked out safeguard measures to screen companies from cheating investors. Tightening the legal noose around such ... More

    INTERVIEW
    RCF hopes to do better in second-half
    THE Rs 2,300-crore Rashtriya Chemicals and Fertilizers Ltd is considered one of the largest fertiliser and chemical companies in Asia with 20 operating plants producing 11 lakh tonnes of product at its Trombay unit and 5 large plants at Thal near ... More

    SICK UNITS
    Panel seeks time to submit report on IDPL revival
    IT has been more than 12 years since Indian Drugs and Pharmaceuticals Ltd (IDPL) was declared sick. But the company will have to wait a little longer before an evaluation of its prospects for revival is completed. An expert committee going into ... More

    BIFR orders winding up of Autokast
    `Despite having allowed enough time and opportunity, it had not been possible to formulate any acceptable revival scheme.' More

    OUTLOOK
    Biocon to focus on insulin-based molecules — To launch own brand in 2 weeks
    BIOCON India Ltd is planning to focus a major part of its research on insulin-based molecules and will be launching its own branded recombinant human insulin formulation Insugen within two weeks. "We will launch our insulin in the next two ... More

    PERFORMANCE
    HMT back in black on higher sales, revamp
    HMT Ltd showed signs of recovery due to an overall improvement in its sales performance and the financial restructuring in the last one year. The company with a buoyant tractor demand in the country reported profit before tax of Rs 11 lakh ... More

    Tata Motors' Oct sales up 31.3 pc
    TATA Motors on Friday reported a 31.3 per cent rise in total vehicles sold in October, to 35,283 units as against the previous corresponding 26,862 units. The company sold 16,667 commercial vehicles during the period, an increase of 29.6 per ... More

    Amway posts Rs 636-cr sales
    NEW DELHI: Direct selling company Amway India has declared a Rs 636-crore sales turnover for 12 months ended September 2003-August 2004, a 10 per cent growth over the previous fiscal. The Managing Director and CEO, Mr William S. ... More


    Scoreboard
    SE Diary



    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line

  • Top Stories
    SC ruling to hit IT sector: Nasscom


    Scientists for Jakarta to study carotenoid content in palm oil

    XLRI proposes EPFO revamp

    `Fuel price hike may cause hardening of rates'

    Reliance to foray into medicinal farming

    Left, Opposition flay petro price hike

    Looking back
    Oct. 24-Oct. 30
    FDI outflow rises as Indian cos clinch more buys overseas: Unctad

    M&M scouting for acquisition in China


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

    Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line