Financial Daily from THE HINDU group of publications
Tuesday, July 02, 2002
Financial Daily from THE HINDU group of publications Tuesday, July 02, 2002 |
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CORPORATE ANNOUNCEMENTS Indo Rama to defer payment of dividend THE shareholders of Rs 1,900-crore Indo Rama Synthetics (I) Ltd (IRSL) had given their consent to defer the adoption of a resolution on payment of dividend for the year 2001-02 at their annual general meeting (AGM) held on June 28, a top company ... More
Ind-Swift gets nod for anti-depressant
Glaxo closes Biddle Sawyer operations
IVRCL director sells 2.64 lakh shares at Rs 60 premium
Calchem to delist — To spend Rs 10 cr on brand promotion ACCOUNTING STANDARDS Wear your swears SWEARING is too common in soccer. Fans let out grunts when their favourite players hit the bar, or shoot too wide and silly. And they swear in Wall Street too when giant companies make king-size gaffes and drag down the index to depths. When ... More OVERSEAS BORROWINGS Indal into $20-m forward contract INDIAN Aluminium Company Ltd (Indal) of the Aditya Birla Group has entered into a long-dated forward contract (LDFC) for $20 million of its $40 million worth of euro-currency bonds, aiming at containing the rupee depreciation on the loan. The ... More ESOPS ACC to seek nod for stock option scheme ACC has decided to consider grant of an aggregate of up to 15 lakh options under the employee's stock option scheme during the financial year 2002-2003, approximately 0.9 per cent of the subscribed equity share capital of the country as of March ... More RESTRUCTURING Nicco Corpn charts out eight-year revamp plan "The first target is to improve from cash loss to cash breakeven and there after to cash profit. Finally, it will be net profit." More
Samtel India unit hive-off okayed
ALLIANCES & JOINT VENTURES Taj , Lakme Lever join hands for beauty salons The salons will be managed by the Taj and Lakme will be in charge of sourcing equipment, experts and training the staff. More
INTERVIEW 
Uptrend in steel prices likely to sustain: J.J. Irani"Indian Steel Alliance has worked on the issues stemming from the problems faced by the producers of flat-rolled steel. As everyone is aware, there is considerable over-capacity in the country, and we produce much more than the local demand." More SICK UNITS Balancing VRS with revival is NTC's headache WHEN the question of handling voluntary retirement scheme (VRS) comes, the cash-strapped National Textile Corporation's dilemma in man management (or human resource management) is no different from other public sector enterprises. How to ... More SHAREHOLDER ACTIVISM Electrolux shareholder seeks reasons for losses after merger THE recently-merged entity Electrolux Kelvinator Ltd (EKL) seems to be having minor hiccups. Some shareholders have sought clarifications on company's long-term plans for India. In its first annual general meeting (AGM) after merger held ... More OUTLOOK Indiainfo upbeat on project `Simple' AFTER stabilising its operations and emerging stronger last year with a SWIFT strategy, horizontal portal Indiainfo.com has now come up with project SIMPLE (Services, Interactivity, Multiple approach model, Profitable, Leverage, Emphasis on ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jun. 23-Jun. 29 Ikon vrooms into the land of samba Birla VXL looking for contract manufacturers M&A activity falls 19 pc in H1 Hyundai expanding capacity -- Chennai plant to be export hub for small cars Tata Steel inks pact with TN for titanium dioxide project Sodexho getting fat with corporates' voucher-culture |
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