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CARE
to enter CG consultancy
New Delhi: The Credit Analysis & Research Ltd
is planning to develop a comprehensive' corporate governance
and value creation’ consultancy as the key area for
future business focus for the next couple of years.
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MSEB
arm contests Company Law Board judgment on Dabhol board
Mumbai: The Maharashtra Power Development Corporation
Limited, an arm of the Maharashtra State Electricity Board
in a writ petition before the Bombay High Court, has challenged
the Company Law Board’s judgment with regard to the
reconstitution of the board of the troubled Dabhol Power
Company.
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Kanbay
Software keen on servicing HSBC’s credit card business
New Delhi: Kanbay Software (India) Pvt Ltd is exploring
possibilities of doing business for HSBC, following the
takeover of Household International by HSBC Holdings in
the US. Shareholders of both companies have just approved
the $13 billion deal
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RCF
in talks for buying gas from Petronet
New Delhi: Rashtriya Chemicals and Fertilizers Ltd
is in talks with Gail India Ltd to buy two million tonnes
of annual gas supplies from Petronet LNG Ltd.
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BHEL,
Hyderabad records 18 pc rise in PBT
Hyderabad: The Hyderabad unit of Bharat Heavy Electricals
Ltd (BHEL), has posted a profit before tax of Rs 124 crore
during 2002-03, an increase of 18 per cent over the previous
year's profit of Rs 105 crore.
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6
per cent rise in SAIL raw material wing despatches
Kolkata: The raw materials division (RMD) of Steel
Authority of India Ltd (SAIL) despatched 11.8 million
tonnes of iron ore in 2002-03, marking a growth of six
per cent over the previous financial year.
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Bhilai
Steel turnover at Rs 6,400 cr
Kolkata: Bhilai Steel Plant (BSP) continued to be
the foremost earner for Steel Authority of India Ltd (SAIL)
after it registered a turnover of Rs 6,400 crore with
the hope of recording a net profit of Rs 700 crore for
the 2002-03.
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Cellcos
take on Reliance with 35p/min STD calls
New Delhi: Get ready for another round of price war
in the mobile arena. Picking up the Reliance gauntlet,
the cellular industry plans to offer STD calls at 35 paise.
The industry is expected to announce the new pricing structure
before Reliance's commercial launch next month.
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Telco
ahead of Hyundai
New Delhi: Market shares in the domestic passenger
vehicle market (cars, UVs and MPVs) have changed during
the last fiscal (April-March '03), with desi major Telco
moving up the ladder to overtake Hyundai as India's second
largest car manufacturer.
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