CORPORATE
ACCOUNTING STANDARDS
Centre to come out with accounting standards for cos
The Government would soon specify the accounting standards that companies need to adopt for the preparation of their financial statements under the company law, a top official of the Ministry of Company Affairs has said. "We will very soon ...
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OVERSEAS BORROWINGS
Garware Offshore defers proposed bonds issue
Mulls alternative financing model for fleet expansion
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FINANCIAL PERFORMANCE
Ratio analysis, key to unlocking financial statements
Companies despatch their annual reports once every accounting year (normally 12 months). With these reports running into hundreds of pages, how do you quickly understand a company's performance over this period? As accounts are prepared using the ...
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MERGERS & ACQUISITIONS
Kyndal forays into domestic wine business
Kyndal India, a subsidiary of Whyte and Mackay Group, has acquired the full production and marketing rights of the Nasik-based Flamingo winery. The company has the option of taking majority stake in the wine company. "We are buying the entire ...
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NEW PROJECTS
How Volkswagen is saddling up for India
Volkswagen's small car is expected to be on the lines of the Polo, which is sold in Europe. And it will compete in the premium small-car segment
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OVERSEAS INVESTMENTS
`India keen on stake in Sakhalin-III project'
To strengthen ties with Russia in the field of oil, gas
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VENTURE CAPITAL
Reva gets $20-m funding; new facility planned
Reva Electric Car Company Pvt Ltd has received $20-million funding from Global Environment Fund (GEF) and Draper Fisher Jurveston (DFJ). Announcing this here on Saturday, Mr S.K. Maini, Chairman, Reva Electric Car Company, said that the ...
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DIVERSIFICATION
FACT charts diversification plans
Aimed at survival and growth, the public sector FACT (Fertilisers and Chemicals Travancore Ltd) has drawn up several diversification plans in joint venture projects with private participation, which include setting up a food park, high-tech park ...
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OUTLOOK
Dunlop Chennai unit may resume production next week
Co directed to pay Rs 25 lakh for restoration of power supply
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Honda to reposition bike brands, plans facelifts
Honda Motor Scooter India (HMSI) has decided to reposition its motorcycle brands. The company that introduced the Shine (125 cc) and Unicorn (150 cc) brands in 2006 and 2004, respectively, has not been able to make a dent in the market and is now ...
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PERFORMANCE
Mahindra sales up 11.5% in Nov
Mahindra & Mahindra has registered sales of 13,157 utility vehicles for November, up by 11.5 per cent against the corresponding month in the last fiscal. Scorpio (the flagship model) registered a growth of 32 per cent. The ...
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