Financial Daily from THE HINDU group of publications
Thursday, August 14, 2003
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Financial Daily from THE HINDU group of publications Thursday, August 14, 2003 |
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CORPORATE ANNOUNCEMENTS PREFERENTIAL ALLOTMENTS Rollatainers AGM today to clear preferential offer WITH the financial institutions (FIs) approving a business and financial restructuring package, the board of directors of Rollatainers Ltd, the Faridabad-based ailing packaging company, has adopted a resolution to allot 31.1-lakh equity shares of ... More COURTS/LEGAL ISSUES Pfizer-Parke-Davis merger: Stay extended THE Bombay High Court has extended the stay on the merger of Pfizer Ltd with Parke-Davis India Ltd until September 5, 2003. The court issued an order dated August 12 in this regard.According to Pfizer Ltd, some dissenting shareholders had ... More HUMAN RESOURCES Jobs on lease turning permanent WITH a potential of about 8-10 million jobs in the temporary staffing area in the country, job seekers and the corporate world are on the threshold of a new concept in employment. TeamLease Services, one of the first companies to have ... More RESTRUCTURING Rayalaseema Alkalies to write down 50 pc equity FOLLOWING the corporate debt restructuring (CDR) scheme sanctioned by the CDR cell of Industrial Development Bank of India (IDBI) recently, the board of directors of Sree Rayalaseema Alkalies and Allied Chemicals Ltd (SRAACL), the Rs 288-crore ... More
GAIL to take part in HPL debt revamp MERGERS & ACQUISITIONS TV18 hikes stake in CNBC joint venture TELEVISION Eighteen Ltd (TV18) has announced that it has concluded its arrangement with CNBC Asia Pacific (CNBC AP), resulting in TV18's stake in CNBC-TV18 going up to 90 per cent. CNBC AP will hold a 10 per cent strategic stake in TV18's ... More NEW PROJECTS Rs 750-cr TNPL expansion thru bond issue likely TAMIL Nadu Newsprint and Papers Ltd may go for a bond issue to fund its Rs 750-crore expansion programme, according to the company's Chairman and Managing Director, Mr P. Rama Mohana Rao. Addressing shareholders at the annual general meeting ... More TRADE & LABOUR UNIONS 
ONGC staff stay away from workALTHOUGH most office staff of ONGC in Mumbai stayed away from work on Wednesday, oil and gas production at the offshore and work at offices across the country remained unhampered in spite of a call for "direct action" by some ONGC unions. A ... More
Chinks surface in ONGC union ranks ALLIANCES & JOINT VENTURES Fedders Lloyd moves into bus AC, truck refrigeration FEDDERS Lloyd Corporation Ltd, a Rs 170-crore air-conditioner major, has entered into a tie-up with Hong Lim Industrial Co Ltd, a Rs 176-crore Korean air conditioner company, to make its foray into bus AC and truck refrigeration business. Bus ... More
INTERVIEW 
`Half of our unviable mines will start making profits'THE delegation of Coal India Ltd's major decision-making power regarding production planning, opening up new mines, purchase of equipment, and marketing of coal to non-core sector consumers to its production subsidiaries has not only made the ... More STANDARDS & BENCHMARKS Ceat gets quality accreditation CEAT Ltd has become the first tyre company in the country to be accredited with an ISO/TS-16949: 2002 certificate. The certification has been done by TUV Suddeutschland AG. ISO/TS-16949:2002 standard is a quality management system of ISO, ... More OUTLOOK GSPC aims at 60 pc topline growth We are satisfied that, having done Rs 147 crore in the first quarter, GSPC's turnover will go beyond Rs 800 crore in the next nine months. More PEOPLE Aventis MD moving to US as head of respiratory sales THE Aventis Pharma's Managing Director, Mr Ramesh Subrahmanian, will be moving to Aventis of the US, as Vice-president, Respiratory Sales for the North-East and Mid-Atlantic US. He will take charge on September 1. According to company ... 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 The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Aug. 3-Aug. 9 Herbertsons case: SAT order opens door for amicable settlement `Better corporate governance need of the hour' |
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