Financial Daily from THE HINDU group of publications
Tuesday, July 30, 2002
Markets (July 29)
BL 2501060.12 (-8.41)
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Dollar (Buy/Sell)48.69/48.82
Gold Std (10 gm)5030 (-110)

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Dr Reddy's to set up 2 more R&D labs
DR REDDY'S Laboratories Ltd has decided to strengthen its R&D activities by setting up two more modern laboratories - one at Boston, US, and the other at Bangalore. Dr Reddy's proposes to have altogether five laboratory facilities operational ... More

  • Leyland revamps board

    BUYBACK


    John Fowler seeks delisting — Buyback offer closed
    JOHN Fowler India Ltd, engineering machines manufacturer, has applied to the Bombay Stock Exchange and regional Bangalore Stock Exchange to de-list its shares following public holding slipping to "less than 10 per cent of the equity capital", ... More

    OPEN OFFERS


    Parent to make open offer for Kodak at Rs 350
    KODAK Ltd and Eastman Kodak Company, the foreign promoters of Kodak India Ltd, will be making an open offer to acquire up to 25.24 per cent of the outstanding equity share capital at a price of Rs 350 per share payable in cash. In a ... More

    COMPANY LAW


    Panel members resent setting up of NCLT
    A SECTION of members in the Parliamentary Standing Committee on Home Affairs that was examining the Bill on the proposed Insolvency Law has voiced its concern on the rationale behind the setting up of National Company Law Tribunal (NCLT). The ... More

    MANPOWER


    `Manpower restructuring must be a time-bound project'
    CORPORATES should challenge the policy of State Governments not allowing unviable units to retrench employees as part of the restructuring of such units. Speaking on `Strategies of Golden Handshake' at the Indian Merchants' Chamber here, Dr ... More

    REGULATORY BODIES & RULINGS


    Accounts in order, says Satyam
    SATYAM Computer Services Ltd has maintained that its books of accounts are in order and that there is no violation of law. The company communicated this to the Deputy General Manager, Surveillance, Bombay Stock Exchange, Ms Devika Shah, ... More

    ALLIANCES & JOINT VENTURES


    Jaishu Shipping to sail with US co for overseas projects
    JAISHU Shipping Company Pvt. Ltd, a private dredging firm, has joined hands with Miller, the US dredging firm, and floated a joint venture company, namely, Miller Dredging Company, registered in the UK. The $50-million equity of Miller Dredging ... More

    INTERVIEW


    Gujarat Maritime Board riding a wave
    WHEN Mr P.N. Roychowdhury took over as the Vice- Chairman and Chief Executive Officer of the Gujarat Maritime Board (GMB) in June 1999, the nodal agency in charge of all minor port operations in the State handled a cargo of 25.08 million tonnes. ... More

    PEOPLE


    Race for RINL top post hots up
    THE race for the top post at Rashtriya Ispat Nigam Ltd (RINL), the corporate entity of Vizag Steel Plant (VSP), is hotting up following the resignation of the company's Chairman-cum-Managing Director, Dr B.N. Singh. Dr Singh, who was reportedly ... More
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  • Top Stories
    Microsoft now redefines trustworthy computing


    Rocket science for lighter `Jaipur foot'

    `Labour costs eroding India's edge in textile sector: Study

    Under-invoicing in soyabean oil imports

    Software cos' profit margin not impressive

    Heading towards a hunger trap

    Professional education expanding by semester

    Q1 profit numbers muted for PSBs

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Jul. 21-Jul. 27
    Oversight board not necessary: ICAI chief

    Who will inherit Dhirubhai's mantle?

    Corporate sanctity — MNCs' double standards

    ICRA to wave `ethical wand' at corporates

    Tata Engg's Indica to sport a higher price tag `soon'

    Kyndal joins race for UDV's Indian whiskies

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

    Watch out! Women at work


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