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COMPANIES

  • RIL plans $400-m GDR to fund utility, port
  • SPIC clocks net loss of Rs 215 crore
  • Sun FC seeks SEBI approval to buy 2 AMCs
  • GM China to source parts from India
  • ING to up stake in Vysya Bank to 49%
  • Kotak buys out Jhawars 5% in Usha Martin
  • Lean season may trigger airfare war
  • Rs 20-crore ad spend for Scorpio
  • Shareholders approve Infar name change
  • Omnex sets up division for Six Sigma
  • HLL restrained from product defamation
  • SWC ramping up capacity at Charminar Breweries
  • Sun Pharma to issue bonus preference shares
  • L&T division targets 15-20% rise in turnover
  • Bata India in talks with parent to kick up pace
  • PFC to go in for recast prior to IPO
  • Tetley to launch value-added products
  • L&T gets nod for revised bypass toll
  • Tisco wants talks with Jharkhand on lease issue
  • HPCL in deal with Gail, ONGC to buy LPG
  • Three-fold rise in IFCI losses at Rs 885 crore
  • VSNL assess dues from WorldCom

INTERNATIONAL BUSINESS

  • Greenback struggles but cushioned by BOJ wariness
  • Fiat sells 34% in Ferrari to banks
  • UK bankers charged with Enron-related fraud
  • Roche vitamins biz spin-off to raise cash
  • Hagemeyer sees H1 EPS dip 40%
  • Philips to shut Mexican plant, shed 900 jobs
  • Putin aide takes over as chairman of Gazprom
  • Holland may become top business destination
  • Thomas Cook losses widen in first half
  • Pfizer to sell gum, razor units

GENERAL

  • Corporate tax collections double
  • Mass transfers demoralise taxmen
  • Govt for concurrent audits of projects in north-east
  • NCAER, IEG disagree on GDP forecast for 2002-03
  • Agriculture growth pegged at 6.11%
  • Taskforce report on agri marketing reforms
  • Kashmiri carpets still suffer from 9/11 fallout
  • Steel industry regains strength

BANKING AND FINANCE

  • NHB settlement saddles StanChart with Rs 393-cr loss
  • Centurion gets breather for preparing balance sheet
  • Bank Muscat PAT declines to Rs 0.66 crore
  • Home banking looks the future way
  • StanChart Grindlays records Rs 393-cr net loss

CAPITAL MARKET

  • Paper companies scrips soar
  • Bulls in charge on the bourses
  • SBI stock gains on better performance
  • Open offer hopes revive Ray Ban
  • i-flex ends Day 1 below offer price
  • Geodesic Info up as it seals deal with US firm
  • Sell Nifty 1100 call
  • MFs must enter into G-sec deals in demat only

PEOPLE

  • Ambani still on full life-support systems
  • Sachin brand ambassador of ESPN-Star Sports
  • Rakesh Mohan to be RBI deputy governor
  • Telecom sector guru Grubman subpoenaed

 

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domain - B : Indian business : News Review : 29 June 2002 : index