Financial Daily from THE HINDU group of publications
Friday, March 22, 2002
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Financial Daily from THE HINDU group of publications Friday, March 22, 2002 |
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CORPORATE ANNOUNCEMENTS 
Honda Siel to pump in Rs 200 cr in 3 yearsHONDA Siel Cars India Ltd intends to invest Rs 200 crore in upgrading its models in the next three years as part of efforts to consolidate its presence in the premium car segment, a top company official said on Thursday. Mr Teruo Fujisaki, the ... More
PRIVATE PLACEMENT Ancent to raise Rs 50 lakh thru private placement AN extraordinary general meeting of Ancent Software International Ltd, held on Thursday decided to issue five lakh equity shares of Rs10 each on private placement basis to ensure that only investors who are really interested in the company came ... More CORPORATE DISPUTES Calcutta Telephones seeks damages from Reliance "We cannot allow our consumers to suffer with damaged lines on account of Reliance.'' More COURTS/LEGAL ISSUES Restraint against joining proceedings in US -- Dabhol lenders get HC reprieve IN the legal tussle for home turf, Indian lenders to Enron's Dabhol Power Company (DPC) have wrested round one with the Mumbai High Court today restraining DPC, in an ad interim order, from joining bankruptcy proceedings in the US. A single ... More CORPORATE BONDS MCH bond float receives good response THE Hyderabad City Development Bonds 2002, which were floated by the Municipal Corporation of Hyderabad (MCH) on Thursday, drew overwhelming response with over 90 per cent of the offer amount subscribed in the first hour itself. The Andhra ... More MERGERS & ACQUISITIONS Electrosteel in talks with FIs for Lanco stake ELECTROSTEEL Castings Ltd (ECL), the Kolkata-based Rs 550-crore cast iron and ductile iron spun pipes major, is currently negotiating with the financial institutions to acquire their 14.5 per cent holding in Lanco Industries Ltd (LIL), the Rs ... More
Gujarat NRE Coke, Power may merge
Excel Ind board to take up merger of 100 pc arm NEW PROJECTS 
Lanco group cos to double capacitiesFOLLOWING the substantial acquisition of equity by the Kolkata-based Electrosteel Castings Ltd (ECL) recently, two of the Lanco group companies — Lanco Industries Ltd (LIL) and Lanco Kalahasthi Castings Ltd (LKCL) — have embarked upon ... More
FIPB nod for Acalpo Wilmar refinery in Kakinada ALLIANCES & JOINT VENTURES IOC hopeful of fresh deal with Reliance soon INDIAN Oil Corporation (IOC) hopes to formalise a fresh marketing agreement with Reliance Petroleum Ltd by the end of this month, Mr M.A. Pathan, Chairman, IOC, said on Thursday. "The transition agreement (for marketing RPL products) will end ... More
Kinetic Engg to be Hyosung production base
Usha Comm tie-up with inCode SICK UNITS 
IISCO revival & the TPE factorIT looks like that New Delhi is once again buying time to take a position on the vexed issue of revival of Indian Iron & Steel Co, the ailing wholly-owned subsidiary of Steel Authority of India Ltd. All that can be said at the moment is that ... More
BIFR rejects Dunlop's relief application again OUTLOOK RINL signs MoU with Steel Ministry RASHTRIYA Ispat Nigam Ltd (RINL) signed a memorandum of understanding for the financial year 2002-03 with the Steel Ministry on Thursday. The MoU was signed by Mr N.N. Khanna, Secretary to the Ministry of Steel, and Dr B.N. Singh, RINL ... More
Datacon sets growth target of Rs 100 cr
Mukta rights sale to boost turnover
NTPC plans to meet targets by way of JVs PERFORMANCE FCI OEN Connectors sales, net up FCI OEN Connectors Ltd has recorded net sales of Rs 68.44 crore in 2001, an increase of 14 per cent over Rs 60.24 crore in the previous year. However, due to global slowdown, export sales had come down to Rs 16.72 crore (25 per cent of the ... More Scoreboard SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 10-Mar. 16 Interim dividend revocation: The debate continues Dividend tax stays: Sinha Foreign cos face tough action on tax defaults -- Assets abroad targeted for recovery of dues MTNL may take stake in Sri Lanka Telecom Mauritius company to buy Hind Lever seed business Britannia gets nod for hiving off dairy business |
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