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Monday, March 04, 2002

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BUYBACK


Jains to buy out Asia Online stake in India Domain
INDIA Domain, a Hyderabad-based company engaged in e-business solutions covering a wide gamut of applications, has decided to buy back equity from Asia Online which had earlier acquired a majority stake in the company. Mr Prashant Jain, ... More

MERGERS & ACQUISITIONS


Reliance Ind, Petro boards fix merger swap at 1:11
THE boards of directors of Reliance Industries Ltd (RIL) and Reliance Petroleum Ltd (RPL) today approved a scheme of amalgamation of the two companies at a swap ratio of one RIL share for every 11 RPL shares held. The merger is effective ... More

RIL shareholders to gain
THE merger ratio of one share in Reliance Industries for 11 shares in Reliance Petroleum appears to be skewed in favour of Reliance Industries' shareholders. There is no doubt that they stand to gain tremendously as they will be acquiring a ... More

NEW PROJECTS


Aptech to consolidate overseas operations -- Plans Rs 10-cr expansion
INFOTECH training major Aptech Ltd is planning to consolidate and expand its overseas operations. The company, as part of its two-pronged strategy, has already established presence in 52 countries in seven different regions where it plans to ... More

ALLIANCES & JOINT VENTURES


Sea View forays into UK market
THE Technopark-based Sea View Support Systems Ltd is foraying into the UK medical transcription market on the back of an agreement with DictaScribe Ltd based there. Sea View Support Systems, a member of Softex Group, is engaged in medical, ... More

INTERVIEW


Shri Shakti gets set for turnaround
`Exemption of expenditure tax on room rents not exceeding Rs 3,000 will help us a lot. Secondly, as against the earlier practice of imposing expenditure tax on anything sold in the hotel, it is now restricted to the room rent.' More

EVENTS


  • Meet on corporate image this week

    OUTLOOK


    Amway angling for Rs 700-cr turnover
    AMWAY India Enterprises, the wholly-owned subsidiary of direct selling major Amway Corporation of the US, has targeted a turnover of Rs 700 crore during its current accounting year ending August 31, 2002. During the previous 12 months ended ... More

    Aithent bullish on selling services as products
    HE is perhaps the only Indian CEO who can read, write and speak Japanese, but Mr N. Venu Gopal of Aithent Technologies wants to go down in India's infotech history for reasons more than his linguistic skills. So he is building Aithent ... More

    PERFORMANCE


    Hero Honda redeems investments
    HERO Honda Motors Ltd has exited from virtually all its market investments as part of its efforts to cut "risky investments'' and raise more cash for a bumper dividend payout next week, according to a top company official. "All that we have as ... More

    PEOPLE


    `Ford is my passion'
    "I have never felt the need to change," says David Friedman, President and Managing Director, Ford India. He has been with Ford Motors for 15 years, the one and only organisation that he has worked for in his career. A profile by Rasheeda Bhagat< /B>. More
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  • Top Stories
    Corporate governance failure at Enron


    Sinha steers sops transport sector way

    Reliance Ind, Petro boards fix merger swap at 1:11

    Aptech to consolidate overseas operations -- Plans Rs 10-cr expansion

    Bond yields trip on tame rate cut

    FMC cancels permission to PWC consortium -- Fresh bids soon for futures exchange

    Budget 2002-03 -- Sinha errs on the side of caution

    `Taxation policy must be consistent'

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Feb. 24-Mar. 2
    Daewoo gives reprieve to Indian subsidiary

    DCA seeks details about Hutchison equity pattern

    `Size forms a virtuous cycle': — Mr Shailendra Ghaste, Vice-President, Investment Banking, JM

    Reliance Industries, RPL to be merged

    Gulf Oil, IDL get set to tie the knot


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