Financial Daily from THE HINDU group of publications
Sunday, March 24, 2002
Financial Daily from THE HINDU group of publications Sunday, March 24, 2002 |
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CORPORATE ANNOUNCEMENTS Positra SEZ financial closure soon NEW DELHI: The Positra special economic zone (SEZ) is expected to achieve financial closure within two months, the Chairman, Sea King Infrastructure Ltd, Mr Nikhil Gandhi, has said. "The total investment envisaged is Rs 5,600 crore. ... More BUYBACK MNCs taking buyback `positions' THE free market that should ideally increase choices for the investor seems to be proving otherwise. Investors feel liberal capital market rules are being exploited by multinationals to consolidate their "positions''. This is evident in the ... More PREFERENTIAL ALLOTMENTS Moschip finalises preferential offer WITH two Nasdaq-listed companies set to acquire stake in the Hyderabad-based Moschip Semiconductor Technology Ltd, a fabless semiconductor company, Moschip has finalised a preferential offer. To facilitate this, Moschip has convened an ... More RESTRUCTURING Bata India board to mull rejig MUMBAI: Bata India Ltd's board will consider restructuring of its business operations in the March 29 meeting. The board would also consider recommendation of dividend, the Kolkata-based company has informed the Bombay Stock Exchange. ... More MERGERS & ACQUISITIONS Forum seeks exit route for ICICI shareholders THE Investors' Grievances Forum (IGF) has demanded that ICICI Ltd shareholders be provided an exit route in the merger process with ICICI Bank. Mr Kirit Somaiya, Member of Parliament and President, IGF, told newspersons here that the ICICI ... More
SAIL, NTPC sign shareholder pact for Bhilai Electric NEW PROJECTS Lanco lines up Rs 400-cr investment in power sector LANCO Green Energy Corporation Ltd, a part of the Hyderabad-based Rs 1,500-crore Lanco group, is currently on the verge of achieving financial closure for four of its subsidiaries which are setting up non-conventional power projects in various ... More REGULATORY BODIES & RULINGS Ranbaxy absolved of price manipulation THE Monopolies & Restrictive Trade Practices Commission (MRTPC) has absolved Ranbaxy Laboratories Ltd of the charges of manipulating prices of its products. While disposing of the application filed by the Director General (Investigation & ... More TRADE & LABOUR UNIONS AITUC writes to ILO on Jessop union leader issue THE All-India Trade Union Congress (AITUC) has written to the International Labour Organisation drawing its attention to the action taken by the Centre against one of the trade union leaders of Jessop. Mr Alok Brahmachari, who was spearheading ... More NEW PRODUCTS & SERVICES AMP Sanmar starts operations BANGALORE: AMP Sanmar Assurance launched operations in Karnataka on Saturday. Speaking at the launch, Mr S.V. Mony, CEO, said the life venture, which had targeted annualised premiums of Rs 19 to 20 crore for the year, would be ... More 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 Mar. 17-Mar. 23 Watching action on the shopfloor — live: DSP finds a motivating tool for workforce Seshasayee Paper: Marketing without undue pressure MTNL to invest Rs 300 cr in ITI -- Deal may prove a win-win for both Consolidation among MFs: Time to tread cautiously Bid to rejig manufacturing processes -- Production stopped at one Maruti unit Restraint against joining proceedings in US -- Dabhol lenders get HC reprieve |
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