The Hindu Business Line : Sunday, February 17, 2002

Liberty Investments' open offer
MUMBAI: Liberty Investments Pvt Ltd's (LIPL), along with Mr Parvez Hamza Kader, voluntary offer to acquire 13,24,600 equity shares of Rs 10 each representing 27.15 per cent of the share capital of Liberty Oil Mills Ltd (LOML) from the ... More

CORPORATE DISPUTES

`Class war' dogs cell operators
THERE is another controversy brewing in the ever-volatile telecom sector. This time around however, it is not the private basic service operators who are waging war with the cellular mobile service providers (CMSPs). Instead, it is more of a ... More

HC admits Motorola plea against BPL Mobile Cellular
IN the ongoing dispute over clearance of dues, the Madras High Court has admitted the petition filed by Motorola India Ltd for winding up of the Coimbatore-based cellular operator, BPL Mobile Cellular Ltd. The court has directed BPL Mobile ... More

COURTS/LEGAL ISSUES

`Lawyers to blame for proposed changes in arbitration law'
THERE are dozens of pieces of old, archaic legislation, begging amendment to make them contemporary. Why then, should the only six-year-old Arbitration and Conciliation Act, be so zealously sought to be amended, wonders an expert. "You must ... More

MERGERS & ACQUISITIONS

Gesco board to consider SCI acquisition today
GREAT Eastern Shipping Company (Gesco) is gearing up to make a firm bid for acquiring strategic control of Shipping Corporation of India (SCI). The management of Gesco will submit a proposal to this effect to its board for consideration. "We ... More

EVENTS

Indo-German CEOs' meet

SICK UNITS

TCS submits report on SPIC Petro
Tata Consultancy Services Ltd, which had been mandated by IDBI to look into the feasibility of reviving SPIC Petrochemicals (SPC), is said to have submitted its report a few days ago. The Chairman of Southern Petrochemical Industries ... More

HPF awaits revival measures in Budget
The revival plan prepared by Hindustan Photo seeks Rs 36 crore for working capital, Rs 89 crore for VRS and Rs 464 crore for the Government to take back the loans through banks. More

OUTLOOK

Gillette fears growth won't be too sharp
THE Rs 600-crore turnover Gillette India Ltd is hopeful of maintaining double-digit growth in the years ahead, while continuing to focus on the premium blades and shaving systems market. However, the expected growth will not be as high as 20-25 ... More

Amara Raja to focus on India & abroad
AMARA Raja Batteries Ltd will focus on export market, and in the domestic segment target the tractor and truck segment. By the end of the next financial year or the beginning of 2003-04, the company will introduce a battery for the two-wheeler ... More

PEOPLE

Sanjiv Goenka is IIT-K Chairman

Scoreboard
SE Diary

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

A social activist with corporate muscle

India may join Asian majors for coffee marketing strategy

Forex kitty moves up by $201 m

Nabard reduces refinance rates

Negative campaign against tea

In Depth
Inside Kashmir

Guide to derivatives

US-64