Online edition of India's National Newspaper
Tuesday, July 29, 2003
Online edition of India's National Newspaper Tuesday, July 29, 2003 |
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Crisis at Hyundai Motor's overseas plants SEOUL, JULY 28. Prolonged labour unrest in Hyundai Motor, South Korea's number one automaker, is crippling overseas operations, including those in India, with factories in Russia, Egypt, Malaysia and Pakistan forced to suspend production, the ... India operations unaffected NEW DELHI, JULY 28.Production of the popular Santro model of Hyundai India will not be affected by the strike at the Korean parent company. According to a report from Seoul, operations may have to be suspended at the Indian, Chinese and Turkey ... Nomination facility for NBFC depositors MUMBAI, JULY 28.The Reserve Bank of India has extended the provisions of the Banking Companies (Nomination) Rules to non-banking finance companies (NBFCs) allowing them to accept nomination from depositors as per banking norms. In a statement ... Levi Strauss' new strategy BANGALORE, JULY 28.With India and China being the focus on volume growth for Levi Strauss, the company has worked out a marketing strategy that includes, inter alia, launch of an exciting concept — Reversibles this Diwali and later in 2005, ... Other Stories
Corporate News Indian Hotels Indian Hotels Company has reported a higher net profit of Rs. 3.76 crores for the first quarter ended June 2003 against Rs. 2.02 crores in the corresponding period of the previous year. Revenues were Rs. 137.70 crores against Rs. 117.80 crores, ... Chennai Petroleum Chennai Petroleum Corporation increased its net sales and income from operations to Rs. 2,179.59 crores from Rs. 1,983.55 crores. Taxation including deferred tax claimed a higher amount of Rs. 20.92 crores (Rs. 6.96 crores). The profit after tax ... Other Stories
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