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COMPANIES

  • Indal lines up Rs 230 crore to add capacity at Hirakud smelter
  • IFFCO records sales turnover of Rs 5,096 crore
  • BOC first-quarter net profit at Rs 12.78 crore
  • Cidex prepares plans for trade fairs
  • DCA studies breach of Companies Act by Reliance
  • Ambuja (Eastern) plans commercial complex in Kolkata
  • UB uncorks new company for low-end market
  • Jubilant may merge Vam companies with itself
  • New reactor commissioned at KRL unit
  • Lagan Jute back in black
  • HPL still sourcing naphtha from IOC
  • Balrampur Chini to supply ethanol to oil firms from August
  • Firms may be allowed to issue neutral equity
  • Dabur to licence vaccine to US
  • Bharti's ISD rates half of VSNL's tariff
  • US cargo to bear levy of $35/box
  • Wipro seen sniffing out Karnataka Soaps
  • BPCL leads the branded fuel race with Speed
  • ITC debuts stationery products
  • Japans NGK may buy Indian Rayon division
  • Escorts to sell JV stake to partner JCB for Rs 200 crore
  • Bagri's Metdist to set up wholly-owned firm in India
  • Aurobindo Pharma sets up division for generic market
  • Mercator expands fleet size to six petroleum product tankers
  • P&Os Chennai box terminal gets Rs 300-crore facelift
  • Maharashtra wants NTPC to buy Dabhol-II power

INTERNATIONAL BUSINESS

  • SEC review of nominees delayed
  • Mercks unit Medco Health sued in June
  • US panel asks troubled firms to hand over records
  • Bush wants to double jail term for offenders
  • US may lift tariffs on more foreign steel soon
  • Fiat gets fresh sops from govt, not to sell auto arm
  • In love, but out of money: Japan's lovers ditch rings
  • Iraq to recognise Indian trade firms as export houses
  • Oscar bond issue gets high credit rating
  • Losing touch: Consultants face a bleak season ahead
  • Have US markets hit the bottom?
  • BOC HK to tighten risk controls

GENERAL

  • Cabinet may step in to resolve EPF stand-off
  • EPF cushion for laid-off members
  • NOC mandatory for govt trusts to seek external loans
  • Status quo on EPF rate as Verma puts his foot down
  • Drag EU to WTO over stiff tech norms: FICCI
  • No changes in copra MSP
  • Cabinet to find ways against opposition to disinvestment
  • UK rejects A-Is request for more landing slots at Heathrow

BANKING AND FINANCE

  • HDFC Securities launches Dial a Share service
  • More UTI schemes to come under SEBI ambit
  • Investor awareness of MFs must be raised
  • Sebi asks AMFI to prepare report on real estate MFs
  • Surveyors want IRDA cap on business eased
  • Foreign firms, NRIs allowed to open term deposit A/Cs
  • NPAs continue to haunt banks
  • CDR: All bark, no bite
  • StanChart adds more glitter to Gold Card
  • Banks wait to step into call market
  • Nabard links refinance for DCCBs, RRBs to NPAs
  • State Bank of Bikaner and Jaipur announces 40% dividend
  • Bank lawsuits weaken monetary policy

CAPITAL MARKET

  • Narrow movement on the bourses
  • Derivatives trading may help out SEs, feels SEBI
  • Reliance Stock didn't execute Rs 781-cr order: NSE
  • BSE launches new online confirmation system
  • CSE seeks SEBI's intervention on pending issues
  • New BSE system to expand Internet trading
  • Jaiprakash at new high on accord over Iraqi dues
  • Institutions fancy Rolta India scrip
  • Bhave panel wants companies to bear part of demat cost
  • Nalco jumps on strategic sale talk
  • Satyam up on Sify stake sale reports
  • Auto stocks skid in narrow lane; Reliance firm
  • NTPC mulls 4-5% equity float
  • Three oil PSUs to get nod for public offers jointly
  • Re firms up; gilts steady
  • BSE 200 outpaces Sensex after 11 years

PEOPLE

 

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domain - B : Indian business : News Review : 10 July 2002 : index