Financial Daily from THE HINDU group of publications
Saturday, March 09, 2002
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Financial Daily from THE HINDU group of publications Saturday, March 09, 2002 |
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CORPORATE ANNOUNCEMENTS Reliance to drill first deep-water well next month RELIANCE Industries Ltd will begin drilling its first deep-water well in the eastern coast early next month. This is the first time that the company will execute a drilling project on its own. The project is expected to cost RIL about ... More ACCOUNTING STANDARDS Accounting standard on interim reporting -- ICAI wants bourses to amend listing agreements THE Institute of Chartered Accountants of India (ICAI) will ask the Securities and Exchange Board of India (SEBI) to direct stock exchanges to amend their listing agreements with companies to ensure that the latter comply with accounting standard ... More MERGERS & ACQUISITIONS Bcom3 deal brings 3 Indian agencies into Publicis fold FRENCH advertising agency Publicis' acquisition of Bcom3 — the group which also owns advertising agencies Leo Burnett and D'Arcy MB&B internationally — is expected to have an impact in the Indian market as well. The $3 billion ... More
Chola looks for foreign partner
BP joins race for Dabhol Power
Hinduja TMT board nod to stop equity trading -- To merge with Sarthak Mercantile CORPORATE GOVERNANCE Academy for corporate governance The academy aims at building competencies at director-level. Its full range of activities includes institutional and regulatory reforms, board restructuring, compensation and competence mapping, research and awards rating. It is working on a corporat e governance rating model and a best practice manual. More NEW PROJECTS Chemfab plans to raise $10 m to fund expansion CHEMFAB Alkalies Ltd is working towards raising equity money of around $10 m from the overseas markets to fund its capacity expansion programme, the company's Chairman, Dr C.H. Krishnamurthi Rao, told Business Line today. There were two ... More REGULATORY BODIES & RULINGS Use ECS to remit dividend, companies told THE Department of Company Affairs (DCA) has advised all the chambers of commerce and industry in the country to inform their constituent members to adopt electronic clearing service (credit clearing) to remit dividend to shareholders in their ... More
Offences by directors: DCA clarifies issue TRADE & LABOUR UNIONS 
One-day strike over financial demands -- HM seeks workers' help to tide over `tough' timesEVEN as the workers at Hindustan Motors Ltd's Uttarpara plant near here resorted to a 24-hour strike on Friday to press for their financial demands, the management has appealed to them to bear with the company's present tight financial position. ... More ALLIANCES & JOINT VENTURES Satyam Education deal with Digital GlobalSoft SATYAM Education Services Ltd (SESL), a 100 per cent subsidiary and eLearning arm of Satyam Infoway Ltd, has announced that Digital GlobalSoft (formerly Digital Equipment India Ltd) has contracted the company to provide real-time interactive ... More
Seacom, Zensar, RPG Retail in alliance
Interwise platform for CA Satyam SICK UNITS 
Hindustan Fertilizer Haldia unit staring at liquidationIT has been lying closed for the past 16 years. But it will not remain closed for much longer because the death sentence on the Haldia unit (employing 1,300-odd people) of Hindustan Fertilizer Corporation is now written on the wall for everyone ... More OUTLOOK Import duty reduction -- Binani Zinc expansion plans likely to be hit THE future expansion plans of Binani Zinc, a division of Binani Industries Ltd, are likely to be affected by the reduction in import duty on non-ferrous metals such as zinc in the recent Union Budget. Mr N. Mohan, President, Binani Zinc, said ... More
SAS aims at 25 pc market share in CRM
Thomas Cook bets on travel segment PERFORMANCE Hetero bags $10-m Brazil order HETERO Drugs Ltd (HDL) has bagged a major contract worth $10 million from the Government of Brazil for the supply of anti-retroviral finished dosage forms. HDL, which has introduced all the 13 anti-HIV drugs in the market, has recorded a ... More TRENDS India Inc on backfoot INDIA Inc continued its dividend cancellation spree on Friday, with major groups such as the Tatas, the Birlas, the Mahindras and the Bajajs announcing `revocation' of interim dividend for the current fiscal. Dr Reddy's Laboratories Ltd also ... More
Can board revoke payout decisions? Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories 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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