1 Sept | 2 Sept | 3 Sept | 4 Sept | 5 Sept | 6 Sept | 7 Septnews


Microsoft to remain united
Washington: The US department of justice will not push to have software giant Microsoft broken up. This reverses the previous Clinton administrations move against Microsoft.

The decision gives reprieve to Microsoft which has been locked in a court battle with the US government over anti-trust claims for the past three years. The government wanted Microsoft to be broken into two companies -one for its Windows operating system and the other for its home software and other business.

Though the department of justice does not want to push the case, it is now entirely up to the court to decide if it wants to go ahead with the proceedings to establish fair competition.

Last June, the appeal court had upheld last years original judgement that Microsoft's business practices had violated anti-trust laws. But it had rejected the plea to break Microsoft into two separate companies on the ground that media interviews by the previous judge could be construed as showing bias against the company.

The department of justice had originally complained that Microsoft had unfairly tied its Internet Explorer web browser with the Windows operating system.
Back to News Review index page  

Procter & Gamble opt for out of court settlement
London: Consumer goods giant Procter and Gamble (P & G) has agreed to settle out of court with Anglo-Dutch rival Unilever over allegations of corporate spying. P&G has admitted breaking its own rules on corporate espionage to obtain information on Unilever's hair care business. P&G could be expected to pay Unilever up to $10m.

P&G - maker of Vidal Sassoon and Pantene shampoo - is alleged to have searched through the rubbish of Unilever, which owns the Organics and Sunsilk brands of shampoo, for commercially sensitive information.

The industrial espionage case was exposed by the Fortune Magazine's website.
Back to News Review index page  

HP not to bid for CMC
Hewlett Packard is withdrawing its bid for Computer Maintenance Corporation (CMC). "We withdrew from this opportunity since we felt that there were limited synergies," HP India, President, Arun Thiagarajan, said. He clarified that the decision to withdraw from the bid had nothing to do with the acquisition of Compaq by the HP recently.
Back to News Review index page  

Trent eyes southern food chain
Mumbai:
Tata groups retail arm, Trent, is negotiating for acquisition with two south India-based food retail chains, the Bangalore-based Nilgiris and the Chennai-based Subhiksha.

Trent also plans to increase the strength of Westside chain of lifestyle outlets from the present eight to 20 in the next three years. Trend wants to increase its retail reach in the food sector to around 100 stores.

The company has approved an investment of Rs 40 crore on the food retailing business.

The Tata group company, which recorded a growth of 85 per cent in the first quarter of the current fiscal, is expecting to reach break-even in its retail operations this fiscal.
Back to News Review index page  

Pepsi to launch Gatorade
New Delhi: Pepsi will launch its sports drink, Gatorade, popular in the US, in the Indian market soon. Gatorade is a non-carbonated soft drink which has captured about 75 of the US market.
Back to News Review index page  

 


 search domain-b
  go
 
domain - B : Indian business : News Review : 7 Sept 2001 : companies