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COMPANIES

  • Samsung may double handset investment
  • HMT watch unit sale doesnt tick with big firms
  • Essar Ship sinks Rs 330 crore in arms
  • Magors to shed stake in WM
  • UTI, LIC plans to exit Punjab Tractors
  • Orchid Chem forms 50:50 JV with Bexel
  • Nilkamal net profit up 42%
  • HLL remains No 1 advertising spender
  • Oil prices in inland cities to increase
  • Star TV plans IPO to fund expansion
  • Companies queue up for overseas funds
  • Haldia Petro rejects IOC demands
  • Staff disclosure norms applicable to more firms
  • HC stays Dunlop move to remove documents
  • 25 foreign firms can buy out subsidiaries' stake in Q1
  • Labour unrest affects work at English Indian Clays
  • SBT appointed operating agency for Alind revival
  • Sasken slips into the red, blames telecom slowdown
  • CLP power shelves Mangalore project, Pagathuan expansion
  • Rourkela steel plant achieves best ever Q1 production, sales
  • Pepsi Foods to source Bengal fruits for Tropicana juice
  • Cement despatches increase in June 2002
  • WorldCom paying some dues to VSNL
  • Coke joins McDonald's to serve a hot cuppa
  • Soccer works magic for colour TV sales
  • Western Union sees good scope for growth
  • HC rules out judicial review in hire purchase deal

INTERNATIONAL BUSINESS

  • Make service industries transparent: US
  • Soccer fever lays Korean carmakers low
  • WorldCom may file for bankruptcy
  • Commerzbank, Mediobanca to buy Ferrari stake
  • Australia's AGL buys Pulse for $880 million
  • Xerox adjusts loss using new accounting methods
  • Lawyer charged with stealing Enron's money
  • Fiat chief sees sale to GM in 2004 likely
  • China ups foreign holding for domestic airlines

GENERAL

  • Service charges on onion exports slashed to 2%
  • Sinha bids adieu; Jaswant gets going
  • Govt to unveil export strategy for services soon
  • Kandla to invite fresh tender for terminal
  • Direct tax collections up 1.5% for 2001-02
  • New rules cut civil case wait
  • Decision on patented drug exports deferred
  • Curbs imposed on GM drugs licensing
  • India Inc shows signs of recovery, posts 29% increase in PAT
  • Steel industry seeks clarification from China on 3% ceiling
  • Annual plan for Goa fixed at Rs 586 crore

BANKING AND FINANCE

  • HSBC to launch three MF schemes
  • Canara Bank slashes home loan rates
  • United India to float Rs 100-crore arm
  • PSU general insurance firms: Third party administrators' shortlisting soon
  • NRIs can repatriate more from Re funds
  • IDBI Bank to focus on retail segment
  • SBI draws up strategy for retail segment
  • SBI opens personal loans cell in Hyderabad
  • Debit card from UTI Bank
  • Sundaram Finance to buy out Stewart stake in JV
  • Gujarat persuades co-ops to invest in Narmada Nigam
  • Dhanalakshmi Bank net rises 49%
  • Western Union to launch Direct-to-bank service
  • Insurers unfazed by Pak conflict: ICICI Lombard CEO
  • ICRA revises long-term IDBI debt rating to high safety

CAPITAL MARKET

  • Rupee steady; gilts rise
  • RIL m-cap dips Rs 1,280 crore in seven days
  • Narrow movement on the bourses
  • Speculative interest in low-value stocks
  • Exide charges up on tie-up talk
  • Vesuvius India gains onsteel sector revival
  • Tata Engineering carries downside
  • Dollar recovers on strong US manufacturing data

PEOPLE

 

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domain - B : Indian business : News Review : 3 July 2002 : index