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COMPANIES

  • Talisman appreciates Indias interest
  • Lowe Personal to promote Indian coffee abroad
  • M&M net profit dips 15% to Rs 103 crore
  • Tata Chemicals tank collapse claims three lives
  • RINL to focus on retail market
  • Sterlite purchase scheme is not binding
  • ITDC in a revamp mode
  • Ramapuram Holiday plans resort at Kabini
  • Vanishing companies get show-cause notices
  • JB Chem gets EU certification for Nifedipine
  • MoU for revival of Trayons signed
  • Bharti targets 35% cellular market share
  • ATMs cheapest in India
  • Tata group revival pumps up stocks
  • L&T operating profit from E&C dips to 10%
  • Pharma firms report major turnaround, Q1 net zooms
  • SAIL Durgapur unit expects to be in black
  • Parrys Confectionery to close Chennai unit
  • Syntans opposes Bayer offer for Aventis Crop

INTERNATIONAL BUSINESS

  • Hyundai in wage deal with workers
  • Digital camera sales to jump
  • US facing accounting reform clash
  • Swiss, US banks face apartheid lawsuits
  • Singapore losing jobs to cheaper Asian rivals
  • Nasdaq, German banks to set up SE
  • EU to clamp down on cigarette sales to minors
  • Nestle scoops up Dreyer's ice-cream
  • Enron paid $680 million to managers
  • Vivendi may sell tech unit to clear debt
  • ICI offloads 30% in CSFB JV for $430 million
  • Merck plans to appeal excise order with Cegat

GENERAL

  • No changes in EPFO structure proposed
  • Government to extend guarantee to UTI
  • Diesel price goes up, so do truck rates
  • Centre asks states to speed up irrigation projects
  • CMIE sees $15.4-billion trade deficit in 2002-03
  • Maharashtra infrastructure draft calls for new bodies
  • Orissa SEZ races ahead of other three projects

BANKING AND FINANCE

  • Bank officers seek paternity leave
  • Rabobanks Indian subsidiary to start by Jan 2003
  • NPA provisioning exempted from tax for NBFCs
  • Sicom shifts focus to advisory services, infrastructure
  • S Korea plans deregulation to boost insurance market
  • BOJ agrees to flexible funds for money market
  • Metlife to start operations in Mumbai, Delhi
  • HDFC Bank to offer private banking to all clients
  • BoB expects 20% growth in deposits, advances
  • Moodys in talks to buy Vysyas stake in ICRA

CAPITAL MARKET

  • SEBI bans CSFB from trading for two years
  • Market remains indecisive on Monday
  • Sharp spurt in scrips of yarn-making units
  • Block purchase deals in DCW
  • Century Enka ebullient on open offer talk
  • Declining FII interest affects markets mood

 

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domain - B : Indian business : News Review : 18 June 2002 : index