Financial Daily from THE HINDU group of publications
Saturday, July 27, 2002
Markets (July 26)
BL 2501068.53 (-25.10)
BSE Sensex3024.35 (-70.61)
S&P CNX Nifty973.50 (-28.05)
Dollar (Buy/Sell)48.64/48.77
Gold Std (10 gm)5140 (-20)

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ANNOUNCEMENTS


`e-farmers' is ITC credo
MARKING a departure from the practice of giving a picture of the core businesses of the company, with plans and prospects for the future, the ITC Chairman, Mr Y.C. Deveshwar today spoke to shareholders at the company's 91st AGM almost entirely on ... More

Fiat India in talks with GM, Suzuki
AUTO majors Fiat India Pvt. Ltd, General Motors and Suzuki are in talks for co-operation in product sharing, cross branding and sourcing of engines. A Fiat India news release today quoted Mr M.P. Bianchi, Chairman and Managing Director, ... More

GENDER


Watch out! Women at work
WITH the Phaneesh Murthy development at Infosys, men in the Indian corporate world are quickly turning the pages of the rulebooks that guide their behaviour at work. According to one Bangalore-based HR executive of a software company, several of ... More

HUMAN RESOURCES


Investing in human beings
Get the best out of your human assets by training, mentoring and motivating people, and then sit back to see the profits grow. More

CORPORATE BONDS


SEBI plans tougher norms for debenture trustees
SEBI proposes to tighten the regulations governing the role of debenture trustees. This follows reports of increasing number of defaults by issuers of debentures and the lack of concern on the part of the trustees. The SEBI Chairman, Mr G.N. ... More

RESTRUCTURING


Revamp not to affect top brass of Indal, Hindalco: K.M. Birla
THE Aditya Birla group's ongoing restructuring plan for its businesses and companies, which is slated to be completed within six months, will leave the senior management team unchanged at Hindalco Industries Ltd (Hindalco), Indian Aluminium ... More

Usha Beltron plans loan swap with IFC fund — DEG due diligence under way
USHA Beltron Ltd (UBL), the flagship company of the Usha Martin group, has decided to swap its high-cost Indian debt with a loan that it is set to receive from the International Finance Corporation (IFC). Company sources told Business ... More

NEW PROJECTS


Singhanias to sell 14 pc in JK Ind to Mauritius co
J.K. INDUSTRIES, promoted by the Singhanias, has finalised plans to increase foreign equity in the company from the present level of 0.71 per cent to 14.16 per cent. According to the plan, the promoters' holding company, namely, ... More

REGULATORY BODIES & RULINGS


  • Nahta is new DCA Regional Director

    ALLIANCES & JOINT VENTURES


    IOC to supply petro products to Sri Lanka
    INDIAN Oil Corporation Ltd has entered into an agreement with Sri Lanka's state-owned company Ceylon Petroleum Corporation (Ceypetco) for supplying petroleum products worth $100 million. The company will export 30,000 tonnes of diesel and ... More

    HM to supply engines for GM's new vehicle
    HINDUSTAN Motors (HM) and General Motors India (GMI) are in the process of signing an agreement for the supply of engines and transmissions for GMI's proposed new vehicle. Under the agreement, HM will manufacture engines and transmissions of ... More

    Indo Rama looks for partner in yarn
    POLYESTER major Indo Rama Synthetics is looking for a strategic partner for its yarn business after completion of the proposed demerger of its yarn and polyester businesses. The company is considering a "controlling alliance" in a smaller ... More

    STANDARDS & BENCHMARKS


    Biocon gets CAP
    THE Biocon India Group subsidiary, Clinigene International Pvt Ltd, has become the first clinical research laboratory in the country to be awarded the CAP accreditation, said a company press release. The College of American Pathologists ... More

    OUTLOOK


    ITC aims at Rs 5,000-cr FMCG biz in a decade
    ITC was aiming at an FMCG business of Rs 5,000 crore within the next 10 years at current prices through creation of a superior supply chain. Addressing a news conference here on Friday, Mr Y.C. Deveshwar, Chairman, said the three new areas of ... More

    Tata Engg looking to broaden Indica market
    MR Ratan Tata, Chairman, Tata Engineering, today said the changing road transport scenario would call for higher powered vehicles, better fuel efficiency, improved driver comfort and specialised applications in the commercial vehicle ... More

    PERFORMANCE


    ITC continues its strong show
    A NUMBER of factors such as insignificant volume growth in its cigarette business and state activism have been working against ITC in the past several quarters. The juggernaut, however, has continued to roll on, surprising the market skeptics. ... More
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  • Top Stories
    CBDT income notification — Coffee planters in a quandry


    HLL market cap falls Rs 1,600 cr — Analysts lower sights on poor monsoon

    `Infotech industry to touch $46 b in 2006'

    Revamp not to affect top brass of Indal, Hindalco: K.M. Birla

    Watch out! Women at work

    RBI dividend even before auditors are through

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Jul. 14-Jul. 20
    SAIL posts higher turnover in Q1

    The internal auditor shall inherit the earth

    Lafarge to build Rs 150-cr Bengal plant in two years

    Novartis sues Dr Reddy's in US for patent breach


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