Financial Daily from THE HINDU group of publications
Monday, December 16, 2002
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Financial Daily from THE HINDU group of publications Monday, December 16, 2002 |
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CORPORATE ANNOUNCEMENTS Asian Paints to focus on emerging global markets ASIAN Paints has announced that the company will focus on the emerging markets for growth and that Berger International will be the main growth driver for its international operations. The company is transforming itself to become a major world ... More ACCOUNTING STANDARDS FAPCCI seeks amendments to Companies Act ACKNOWLEDGING the fact that the recent corporate failures across the globe eroded the confidence of retail investor on the accounting standards, the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) sought more amendments to ... More OPEN OFFERS Final cash offer at Rs 40 to Madura Coats shareholders DSP Merrill Lynch Ltd has informed the Bombay Stock Exchange that J&P Coats Ltd (JPC), Scotland, with Coats Plc, had made an open offer (letter of offer dated September 17) to acquire up to 2,16,69,392 fully paid-up equity shares of Rs 10 each - ... More AWARDS & HONOURS AUDITING Body planned to clear cases against auditors THE Government is contemplating setting up an appellate authority to enable speedy disposal of cases against auditors facing disciplinary action for professional misconduct. At present action against chartered accountants, under the existing ... More TAXATION Corporate tax parity to follow move on dividend THE Finance Ministry will consider aligning the corporate tax rate for foreign companies with that of domestic companies if it decides to abolish dividend distribution tax. ``A final view on bringing the tax rate of foreign companies at par ... More MERGERS & ACQUISITIONS Apollo still keen on Nocil division TRUCK and bus tyre major Apollo Tyres Ltd (ATL) is still interested in acquiring the rubber chemicals division of National Organic Chemicals Ind Ltd (Nocil), the Chairman and Managing Director of ATL, Mr Onkar Kanwar, has said. "The earlier MoU ... More ALLIANCES & JOINT VENTURES Pvt coal-bed methane explorer seeks to bring in third partner GREAT Eastern Energy Corporation Ltd (GEECL), a joint venture between the Y.K. Modi group and the US-based bankrupt energy multinational, Covanta Energy, has decided to induct US-based investment company, CBM Investments Ltd, as the third partner ... More INTERVIEW 
`Total decontrol is the only solution — Mr K.S. Raju, Vice-Chairman and Managing Director, NFCLIN India, the Government is the chief determinant of the fertiliser industry's fortunes. It now proposes to implement a new pricing policy with retrospective effect from 1997 whichproposes to change the basic premise of the existing one. This, ... More SICK UNITS Lenders seek to shut BIFR door against defaulters BANKS and financial institutions (FIs) are opening up a new front in their offensive against defaulters. Lenders are now busy joining hands to drill a hole in Board for Industrial and Financial Reconstruction (BIFR) umbrella that for long was ... More OUTLOOK Siemens AG to make India a hub for medical tools According to Mr Wulfen, India and China will be the two main markets that Siemens AG is looking to focus on. It also plans to introduce one or two products from the medical division every year. More
Yamaha India plans capacity expansion
Essilor thrust on plastic lens PEOPLE Ambani stamp release on Dec 28 THE Government is issuing a stamp bearing the portrait of Dhirubhai Ambani, founder of the Reliance group of industries. He passed away in July this year. The stamp would be formally released on December 28, the late industrialist's 70th ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Inside China Gujarat Elections Small Investor In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 8-Dec. 14 Encore to scale up Simputer output `We will put Railways on savings track' — Mr V. Gujral, Vice-Chairman & CEO, Jindal Steel I am ready to quit, says Mardia Chem chief Cost auditors gear for shield against law suits |
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