After cutting losses by 70 per cent to Rs 259.70 crore last fiscal, Industrial Finance Corporation of India on Friday said it hopes to breakeven this fiscal, provided liabilities worth Rs 4,000 crore are restructured.
Finance Minister Jaswant Singh said on Friday that the economy was too serious a matter to be budget-centric and a constant and year-long attention was required to ensure a higher growth.
The shareholders of Hikal Ltd have approved the issue of bonus shares in the ratio of one equity share for every two equity shares held.
The 66-year-old Ray Mali, a former president of the Border Cricket Union in the town of East London takes over from Percy Sonn.
Premier Automobiles Ltd is planning to launch its light utility van in September-December 2003 and expects to make "substantial profit" from this project with annual sales of 10,000-12,000 vehicles.
Oil marketing company Bharat Petroleum Corporation Ltd, on Monday announced a mega foray into oil exploration and production business and has earmarked a budget of Rs 1,000-1,500 crore (Rs 10-15 billion).
A former first class batsman for New South Wales with a strong corporate background, the 46-year-old Roberts has been Sutherland's deputy for a number of years since joining the CA board as an independent director in 2012.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Indian Aluminium Company Ltd vice-chairman A K Agarwal on Wednesday ruled out the merger of the company with its parent Hindalco Industries Ltd.
Mahesh Bhupathi may not be considered again for the job as India's non-playing captain after he refused to be part of the Davis Cup tie against Pakistan.
CVC International, part of Citigroup, has evinced interest to pick up about five per cent stake in Jindal Iron and Steel Company Ltd.
The decision reflected Birla's thinking that his stepping down would pave the way for the entry of strategic investors and allow for greater flexibility during discussions, the company said.
Consumer goods major Hindustan Lever Ltd said on Friday that each of its mega brands is capable of generating a sale of Rs 1,000 crore (Rs 10 billion) in the foreseeable future.
The roll-out of the auto enrollment began in October 2012.
The 21st AGM of the company is scheduled to be held in Mumbai on Friday.
Moreover, all her existing and future entitlements such as any unpaid amounts, unpaid bonuses or increments, unvested and vested and unexercised stock options, and medical benefits will be revoked.
Enthused by the high 8.4 per cent growth in the second quarter, the Reserve Bank of India on Wednesday revised upwards the economic growth for 2003-04 at 7 per cent.
President A P J Abdul Kalam on Wednesday asked the industry to encourage entrepreneurship to achieve an economic growth of 10 per cent and help eliminate poverty in the country.
The chairman of the International Boxing Association (AIBA) ad-hoc committee Kishan Narsi has reiterated in an e-mail communication that Boxing India stands provisionally suspended after the derecognised national body in a notification had scheduled its Annual General Meeting in Guwahati on October 3.
Uncapped left-arm spinner Zafar Gohar has joined the test squad from the Pakistan A team currently in Hamilton.
Maharashtra, by this month end, would become only the second state after Uttar Pradesh to sell ethanol doped petrol at all retail outlets, Petroleum Minister Ram Naik said on Monday.
The BCCI will not be terminating Chennai Super Kings and Rajasthan Royals but will only be suspending the two franchises for a period of two years from the Indian Premier League (IPL) as per recommendations of the Supreme Court-appointed Lodha Committee.
'It seems to be a bit of an aberration. It should be set right; there is a proper mechanism in place. In the normal course, the state police do not have any jurisdiction on central government employees,' the official said.
Prof Ratnakar Shetty was elected joint secretary.
Jagmohan Dalmiya, who will be going for his third term, is unlikely to face any challenge.
The likes of Mumbai Cricket Association (MCA) or Saurashtra Cricket Association (SCA) may have lost their full membership status but they will get a chance to vote at Board of Control for Cricket in India's annual general meeting on rotation basis.
Bajaj Auto Ltd has no plan to offer the Japanese company Kawasaki an equity stake in Bajaj Auto or any of its subsidiaries, Rahul Bajaj, chairman and managing director of the company, said in Pune on Saturday.
The Board of Control for Cricket in India (BCCI), in its response in the Supreme Court, has refuted allegations of non-compliance with Justice RM Lodha-led panel's recommendations, saying that "records of 40 mails" exchanged with Justice Lodha will be submitted before the apex court.
Internet services provider Sify Ltd plans to seek shareholder approval to convert 3.6 to 4.6 million shares into American Depository Shares, it said in a filing with the US Securities and Exchange Commission.
Vaibhav Gehlot, son of Rajasthan Chief Minister Ashok Gehlot, was elected president of the Rajasthan Cricket Association (RCA) as his panel swept all six posts in a tension-ridden election of the state body.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances