The Hindu Business Line : Sunday, June 02, 2002

Cos will be able to pay dividend to pref shares from capital -- Act change in wake of telecom row
THE Government has decided to amend the provisions of the Companies Act to allow companies to pay dividend to preference shareholders out of their capital. This will be permitted only in the case of those companies who are unable to fulfil ... More

CORPORATE DISPUTES

Coke-Pepsi in legal battle

AWARDS & HONOURS

Award for Dabur Foods

NEW PROJECTS

CIL panel okays 6 greenfield projects
According to the CIL source, the public sector coal companies have been assured by the Union Ministry of Energy that at least 19,665-MW new generation capacity based on coal will be added to the system within the Tenth Plan. More

ALLIANCES & JOINT VENTURES

Contract farming -- Rallis ties up with SBI; replaces ICICI Bank
RALLIS India Ltd has entered into a contract farming agreement with State Bank of India, terminating its earlier agreement with ICICI Bank. According to sources, to begin with SBI will replace ICICI Bank in the Dindori district of Maharashtra ... More

AV Birla group plans foray into pension funds segment
THE financial wing of the Aditya Birla group will form a 50:50 joint venture company between its asset management and insurance outfits for making a foray into the pension funds industry. Stating this Mr S.K. Mitra, Managing Director of Birla ... More

PERFORMANCE

Corporate India: Not `capital'
CORPORATE India has been going through a tough phase. With the downtrend in the economy persisting, earnings and profitability have been hit. But companies also have to worry about their capital structure. With the equity market rocked by ... More

Hero Honda sales up 39 pc in May

Bajaj Auto post higher sales

Honda car sales increase

TVS Motor sales up 84.6 pc

Fiat sales continue to grow

Scoreboard
SE Diary

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Cos will be able to pay dividend to pref shares from capital -- Act change in wake of telecom row

Uncle Sam's report card

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Exports recover, up 18% in April