Financial Daily from THE HINDU group of publications
Wednesday, June 12, 2002
Markets (June 11)
BL 2501158.43 (+33.38)
BSE Sensex3362.42 (+82.93)
S&P CNX Nifty1097.05 (+22.20)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5280 (-60)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

CORPORATE

ACCIDENTS


Agra footwear sector under fire
The culprit, it is pointed out, is the virtual moratorium on inspection of factories as part of the agenda of globalisation, liberalisation and flexibilisation of the labour market. The foreign as well as Indian companies allegedly indulge in bad cor porate practices and are well aware of the conditions in the factories from where they import. More

ANNOUNCEMENTS


Shantha Bio Hepatitis B vaccine gets WHO stamp -- Bags $5-m Unicef order
SHANTHA Biotechnics has announced that it been awarded the World Health Organisation (WHO) certification for its Hepatitis B vaccine, Shanvac B, the country's first indigenous recombinant DNA vaccine. Addressing presspersons here on Tuesday, ... More

  • Shareholders okay MICO dividend

    PRIVATE PLACEMENT


    CIAL board to discuss pvt placement, rights
    THE board of directors of Cochin International Airport Ltd (CIAL) is scheduled to meet in Thiruvananthapuram on June 13 to discuss pressing issues such as subscription of the long-pending rights issue and private placement to expand the company's ... More

    AWARDS & HONOURS


  • Medal for Raichur power station

    COURTS/LEGAL ISSUES


  • Writ against Phillips Carbon disposed

    RESTRUCTURING


    IISCO recast okayed
    THE Cabinet Committee on Economic Affairs (CCEA) today approved a financial restructuring plan for Indian Iron & Steel Company (IISCO), a subsidiary of Steel Authority of India Ltd (SAIL). According to the plan, the Government will stand ... More

    UT to exit non-core businesses
    HYDRAULICS major UT Ltd has firmed up plans to hive off non-core businesses and focus on consolidation in areas of its core competency. Proceeds from the sale of its Tamil Nadu-based granite business, foundry division at Chandigarh and forging ... More

    ALLIANCES & JOINT VENTURES


    US co may join hands with Bengal Chem
    AN American chemical major has expressed interest on forming a joint venture company with the century-old Central public sector unit, Bengal Chemicals & Pharmaceuticals Ltd. The company, which was set up by Acharya Prafulla Chandra Ray, has ... More

    INTERVIEW


    `Widia India will bounce back into black soon'
    THE ownership of Widia India Ltd, the cutting-tool leader in the domestic market, recently changed hands with the majority stake in its foreign promoter being bought by US tools major, Kennametal. The Indian promoters SAK Industries Ltd also ... More

    PERFORMANCE


    Cummins India: Exports play spoil-sport
    CUMMINS India's performance for the year ended March 2002 has been on expected lines. The company reported a 20.77 per cent dip in net profit at Rs 86.3 crore and a 13.87 per cent drop in sales to Rs 740.91 crore compared to the previous year. ... More

    Tata Engg May CV sales rise 82 pc
    TATA Engineering has reported total sales of 12,453 vehicles in the domestic market in May 2002, an increase of 12 per cent over the same month the previous year. Sales of commercial vehicles, which began showing an upward trend at the start of ... More

    PEOPLE


  • Alpha Network's new boss
    Scoreboard
    SE Diary
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Top Stories
    South Asia could benefit from common currency


    Golden rice: Hope or hype?

    132 pc rise in PSBs net profit last fiscal

    Sensex up 83 points as war fears recede

    Cellular subscriber base touches 6.99 m

    FMCG needs push in consumer spend to stay on growth path

    Presidential election: An inspired, convenient choice

    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'


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line