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Gridco
in debt trap over wrong valuations, inaccurate projections
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Inaccurate projections on improvement
in transmission and distribution losses and the over-valuation
of assets by international consultants have landed Grid Corporation
of Orissa Ltd in a debt trap. |
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Thomas
Cook open offer to cost C&N Touristic Rs 36 crore more |
| |
The Securities Exchange Board
of India has directed the German group, Condor and Neckermann
Touristic, to come out with the open offer for acquiring 20
per cent of the equity of Thomas Cook (India) Ltd at the minimum
offer price of Rs 475 per share. |
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Computer,
shipping, chemicals inorganics show higher net in 00-01 |
| |
The sector-wise analysis of
1,612 companies has shown a prominent growth in net profit in
the case of chemicals inorganics, metal, steel (tubes &
pipes), computer (hardware and software), industrial explosives,
shipping and steel (strips/bars/wires) during 2000-01. |
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Govt
for amending I-T laws to tax E-comm firms |
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Government is considering
amending the Income Tax legislations to tax companies carrying
out E-commerce in the country without having a physical presence
here. |
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