Financial Daily from THE HINDU group of publications
Monday, June 10, 2002
Financial Daily from THE HINDU group of publications Monday, June 10, 2002 |
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CORPORATE ACCOUNTING STANDARDS Revised ICAI standards on building contracts THE Institute of Chartered Accountants of India (ICAI) has issued a revised accounting standard on construction contracts. This standard is applied in accounting for construction contracts in the financial statements of contractors. An ICAI ... More MERGERS & ACQUISITIONS Need to change creeping buy norms: Assocham ACQUISTION of shares by promoters within the creeping limits of the takeover code should be pre-notified to the stock exchanges, according to the Associated Chambers of Commerce and Industry of India (Assocham). In a note on the recommendations ... More NEW PROJECTS Talks with contributors of UTI on new co soon According to senior officials, talks will have to be initiated with the institutions also on the extent of their contributions to the shortfall in the assured return schemes of UTI. More REGULATORY BODIES & RULINGS DCA submits inspection reports of 82 cos to JPC THE Department of Company Affairs (DCA) has submitted inspections reports on 82 companies to the Joint Parliamentary Committee (JPC) enquiring into the stock market scam of 2001. Based on the preliminary investigation report of the Securities ... More INTERVIEW 
Sharp Tools plans white goods foray; IPO in 2 years"The entire pump industry has overcome the fear of being wrecked by cheaper Chinese imports. They did not meet the expectations of the Indian public and could not succeed in the market." More SICK UNITS Banks suspend credit to Pennar companies -- Foreign majors' bail-out schemes await approval ADDING to the woes of two of the ailing Pennar group companies — Pennar Aluminium Company Ltd (Palco) and Pennar Profiles Ltd — the financial institutions and banks have suspended credit facilities. This has resulted in these ... More PERFORMANCE NEW PRODUCTS & SERVICES Embark Immigration begins operations from Kolkata IT professionals, accountants, engineers, technicians and teachers are among the people who are welcome as immigrants to Canada, says Mr Ron Choudhury of Embark Immigration Consultants & Services, Canada. The nascent immigration services ... More
ACL Chem launches new beta-carotene product
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Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jun. 2-Jun. 8 Contract farming -- Rallis ties up with SBI; replaces ICICI Bank Cos will be able to pay dividend to pref shares from capital -- Act change in wake of telecom row `LML will ride again into glory days with mobikes' Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure `Funds no constraint for Grasim's expansion plans' |
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