Tuesday, January 16, 2001
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IT Update

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Sebi ethics code lays down tough norms for SE brass

Sebi code of conduct for directors and key functionaries of stock exchanges has laid down a series of tough norms for bourse officials, which cover a range of issues from seeking and accessing information from the exchange to disclosure of beneficial interest.

Godrej Agrovet in pact with HLL to buy 74% in GFFL

Godrej Agrovet Ltd, a subsidiary of Godrej Soaps Ltd and a leading player in the animal feeds and agricultural inputs market, has entered into a joint venture agreement with HLL to acquire 74% in Goldmohur Foods & Feeds Ltd.

Ranbaxy net down 8.1%

Ranbaxy Laboratories has reported a 50.5% spurt in profit after tax for the fourth quarter ended Dec 2000. However, the co ended the year Dec 2000 with a 8.1% drop in the net profit to Rs 180.9 crore, mainly on account of nil technology licensing income during the year.

Pritish Nandy sole bidder for DD late-night slot

Is DD Metro losing popularity? The auction for its various slots from 10 pm to 12.30 am suggests that the channel is not so hot any longer, at least not for late-night viewing.

Chinese goods worth $115 m in Indian market

China is flooding the Indian market with cheap electronic goods whose value stands at $115 million during the first half of the current fiscal a 50% increase over the same period last year, reveals a commerce ministry's internal study.

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Executive Briefings

bullet.jpg (687 bytes) Infosys Technologies witnesses record volumes, high turnover

bullet.jpg (687 bytes) Mathew Cadbury is Cadbury India MD

bullet.jpg (687 bytes) Sebi grants Reliance Capital Asset Management FII status


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