The Hindu Business Line : Monday, March 25, 2002

IDBI Bank to raise capital next financial year
IDBI Bank would have to "raise capital in the next financial year", to fuel growth during what its Managing Director, Mr Gunit Chadda, calls the `consolidation phase'. In an interview to Business Lin, Mr Chadda did not give any details ... More

IOC fund to protect heritage sites
INDIAN Oil Corporation (IOC) has "pledged an initial corpus of Rs 25 crore and a recurring contribution of Rs 10 crore" for adopting one heritage site in each State and Union Territory, IOC's Chairman and Managing Director, Mr M.A. Pathan, said ... More

NEW PROJECTS

Dubai free zone `cities' to expand
THE Dubai Technology, E-Commerce and Media Free Zone (TECOM), the holding company of the Dubai Internet City and the Dubai Media City, is pursuing an expansion plan that involves a 230-per cent increase in its total land area. Dubai Media City ... More

INTERVIEW

Kinetic hopes to `Boss' over with Hyosung's technology
"For me, it is not whether it is Korean or Japanese, as I feel the former is extremely good. The Japanese technology has been in India for nearly two decades. Hence, you need time to establish a new brand in the country." More

SICK UNITS

TN sets up board on closed units, worker settlement
The District Collector will head the committee, which will have a three-year tenure, and will convene at least once in three months. The committees are to be constituted in every district other than Theni. More

Model Fin plans bail-out scheme for bondholders
CONTRARY to the practices adopted by most crisis-ridden non-banking finance companies (NBFCs) across the country, Model Financial Corporation Ltd, a city-based listed NBFC, has decided not to approach the Company Law Board or down its ... More

PERFORMANCE

GSFC puts 45-MW plant on the block
THE cash-strapped Gujarat State Fertilisers & Chemicals Ltd (GSFC), which has run up a net loss of Rs 54.98 crore during the first nine months of the current fiscal, has opted for asset sale to prop up its sagging bottom line. GSFC has decided to ... More

PEOPLE

Young entrepreneur award for Reva MD
MR CHETAN Maini, Managing Director of Reva Electric Car Company, has been awarded the Young Entrepreneurs Organisation's (YEO) Thomas Alva Edison Award for innovation. YEO and Edison Preservation Foundation teamed up together to create the ... More

NEW PRODUCTS & SERVICES

Eicher Motors soft launches HCV
THE heavy commercial vehicle (HCV) segment, which is showing signs of revival, has got a new entrant with Eicher Motors Ltd doing a `soft' launch of India's first indigenously designed and developed HCV. ``We have sold about 15-20 units of the ... More

Scoreboard
SE Diary

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

Kinetic hopes to `Boss' over with Hyosung's technology

Village telephony obligations-- Mahajan warns private players

Service tax exemption likely for special economic zones

From wasteland to garden: A successful STEP -- IIT-Kharagpur's initiative pays off

Visa applications -- US consulate cutting down on personal appearances

`Put a stop to domestic violence' — Dr Sarah Matthew, President, Feminist Assn. for Social

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