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COMPANIES

  • Microsoft to charge software as services
  • Ballarpur Industries in largest ever paper acquisition
  • G P Goenka in restructure mode, to sell loss-making units
  • Nusli Wadia generates Rs. 100 crore by property sale
  • Tata BP Lubricants and Castrol likely to merge

GENERAL

  • BSNL, MTNL bids for basic licences rejected
  • Banks barred from arbitrage operations
  • IPPs may be allowed to directly sell power to retail customers
  • New RBI norms force foreign banks to cut assets

CAPITAL MARKET

  • Sensex dips in light of uncertainty arising from Sebi meet
  • Bajaj Auto plans splitting sales channels

 

 

 

 

 

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domain - B : Indian business : News Review : 12 May 2001 : index