Financial Daily from THE HINDU group of publications
Friday, June 28, 2002
Markets (June 27)
BL 2501121.70 (+8.32)
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Dollar (Buy/Sell)48.79/48.92
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Tata Steel geared for price hikes
THE Tata Iron and Steel Co Ltd (Tata Steel) will increase prices of its steel products on July 1 and again on August 1. Announcing this at a press conference here today, Tata Steel's Managing Director, Mr B. Muthuraman, would not give the ... More

ASC Enterprises applies for DTH licence
ASCEL's Agrani Satellite Services Ltd is the first Indian private communications and broadcasting satellite system. ASCEL now remains the only player in the fray for DTH (direct-to-home broadcasting) licence after the relevant policy was changed. ... More

  • Silverline proposal

    BUYBACK


    Sterlite Industries' assurance to court
    STERLITE Industries (India) Ltd has told the Mumbai High Court that it will not cancel for three months the shares of those who are yet to send the Option Form. The counsel for Sterlite, Mr Iqbal Chagla, made the proposal on the third day of ... More

    ACCOUNTING STANDARDS


    WorldCom scandal to hit Indian operations
    AFTER the Enron episode which still continues to haunt Indian policy planners, the $3.8-billion (approximately Rs 18,240 crore) WorldCom accounting scandal unearthed in the US on Wednesday is likely to seriously impact the group's operations in ... More

    Whirl called WorldCom
    The news of the mega disaster is slowly trickling into the consciousness of people and they are waking up to ask some important questions. WorldCom? What sort of animal is this? Hey, wake up! We are talking of what could be the ... More

    MERGERS & ACQUISITIONS


    Tata Teleservices to buy 50.83 pc in Hughes Tele
    THE Tata group continues its acquisition spree in the telecom space, with its basic services company Tata Teleservices today announcing its decision to buy a controlling stake in Hughes Tele.com (India) Ltd, basic services operator in the ... More

    Feelers to IOC on MRPL stake
    INDIAN Oil Corporation (IOC) has been sounded out informally by the current management of Mangalore Refineries and Petrochemicals Ltd (MRPL) to consider the prospect of taking over management control of the 9-million tonne refinery. The ... More

    Parke-Davis — Pfizer merger swap ratio set at 9:4
    THE boards of directors of Parke-Davis (India) Ltd and Pfizer Ltd today approved the share swap ratio of 9:4 (nine shares of Parke-Davis for every four shares of Pfizer) for the proposed merger of Parke Davis India and Pfizer. According to a ... More

    ALLIANCES & JOINT VENTURES


    Ranbaxy in licensing deal with German co
    RANBAXY Laboratories Ltd (RLL) has stepped on the accelerator with regard to its activity in the German market. Close on the heels of acquiring Procter & Gamble Pharmaceutical's Veratide, Ranbaxy has inked a licensing deal with Germany's ... More

    Tata Steel inks pact with TN for titanium dioxide project
    TATA Iron and Steel Co Ltd (Tata Steel) today signed an MoU with the Tamil Nadu Government to undertake a techno-economic feasibility study for a project to set up an integrated titanium dioxide plant using the mineral sands available in the ... More

    Ranbaxy buys Veratide from P&G in Germany
    Ranbaxy will have the ownership, usage and patent rights for the brand. More

    STANDARDS & BENCHMARKS


    ISO 9001 for Bhima Jewellers
    THIRUVANANTHAPURAM: Bhima Jewellers, leading gold, diamond and precious stones merchants in the State, has achieved the ISO 9001 certification indicating quality products and service at its Thiruvananthapuram showroom. The award was a ... More

    OUTLOOK


    Sodexho getting fat with corporates' voucher-culture
    A CORPORATE'S route to its employee's heart is through his stomach! And for Sodexho Pass Services India (SPSI), a subsidiary of French MNC food and facilities management company, the party has just begun. Specialising in the meal voucher ... More

    PEOPLE


    Little progress in Ambani's condition
    THE Sankaracharya of Kanchi, Jayendra Saraswati Swamigal, today visited Mr Dhirubhai Ambani, Chairman, Reliance Industries Ltd (RIL), at the Breach Candy Hospital here. The Kanchi seer blessed the ailing businessman whose condition remained ... More

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  • Top Stories
    $57-b exports by 2008 achievable: Premji


    Tata Steel inks pact with TN for titanium dioxide project

    Domex vows to wipe out germs, phenyl

    Reinvested earnings may come under FDI tag

    Sodexho getting fat with corporates' voucher-culture

    Canara Bank plans IPO in Q3

    EU moves WTO to protect basmati, Darjeeling tea

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives
    Looking back
    Jun. 16-Jun. 22
    Dr Reddy's tops in getting US patents

    Vanishing cos get show-cause notices

    `Bajaj group not breaking up'


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