Financial Daily from THE HINDU group of publications
Wednesday, July 03, 2002
| Markets (July 2) | ||||||||||||
|
Financial Daily from THE HINDU group of publications Wednesday, July 03, 2002 |
|
||||||||||||||
|
|
|||||||||||||||
|
CORPORATE ANNOUNCEMENTS To begin talks with others — Haldia Petro rejects IOC demands WITH talks between Haldia Petrochemicals Ltd (HPL) and the PSU oil major Indian Oil Corporation (IOC) breaking down, efforts are now on to start afresh the process of finding a strategic partner for the beleaguered company. Mr Das said that the ... More
COMPANY LAW Staff disclosure norms applicable to more companies DCA had said that the revision of limits in respect of employees to be covered under statement to be attached with the report of the board of directors pursuant to Section 217(2A) of the Companies Act, 1956. More COURTS/LEGAL ISSUES HC stays Dunlop move to remove documents MR Justice Ganguly and Mr Justice H. Banerjee, heading a Division Bench of the Calcutta High Court, stayed the intention of Dunlop India Ltd (DIL) from removing records and some documents from the custody of the previous head office at Mirza ... More MERGERS & ACQUISITIONS 25 foreign cos allowed to buy out subsidiaries' stake in Q1 THE trend among foreign companies to convert their Indian joint venture subsidiaries into wholly owned subsidiaries (WOS), which started around two-and-a-half to three years ago, continues unabated. During the first quarter of the current fiscal, ... More TRADE & LABOUR UNIONS Labour unrest affects work at English Indian Clays OPERATIONS at English Indian Clays Ltd at nearby Veli have been affected following labour unrest over the suspension of an employee by the management. The suspension had led to an agitation by the employees on Sunday. They locked up top ... More ALLIANCES & JOINT VENTURES 
Orchid sets up joint venture with Bexel BiotechnologyORCHID Chemicals and Pharmaceuticals Ltd has established a joint venture with Bexel Biotechnology Ltd of the US for new drug discovery (NDD). The joint venture company, named Bexel Pharmaceuticals Inc., will have $8 million investment from ... More INTERVIEW 
`Europe presents an exciting opportunity for Essel Propack'"One of the prime reasons we have gone global is to spread our risk in terms of growth. Today, if growth opportunity in India and China tapers out, we already have another market to grow." More SICK UNITS SBT appointed operating agency for Alind revival THE efforts to rehabilitate the ailing Aluminium Industries Ltd (Alind) have taken another turn, with the State Bank of Travancore (SBT) being appointed as the new operating agency. At its last hearing, the Board for Industrial and Financial ... More OUTLOOK Cash reserves a cushion, says Satyam Chairman WHAT will you do with such huge financial reserves? Why don't you distribute it among shareholders? When will a shareholder be central to the company's focus? What about subsidiaries? These were among a series of questions posed by the ... More PERFORMANCE Sasken slips into the red — Blames telecom slowdown THE downturn in telecom industry has taken a toll on the Bangalore-based Sasken Communication Technologies Ltd, as the company has slipped into red for the first time in seven years. Sasken reported Rs 15.63 crore loss on a sales revenue of Rs ... More PEOPLE Century Enka must wait a while for Kumar Birla MR Kumar Mangalam Birla is ``not disinclined'' to take charge of Mr B.K. Birla's interests in Century Enka — a joint venture between Akzo Nobel and the B.K. Birla group — but not before the lapse of a couple of years. Speaking to ... More
Mahajan visits Ambani
Takes charge of IOC northern facilities
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 |
|
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 |