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COMPANIES

  • M&M to beat slump with genset engines 
  • IHCL plans select acquisitions of international hotels, brands 
  • McDowell ties up With US, Aussie, French firms for bulk wine import 
  • Maruti hikes export target for 2002-03 by over 50% 
  • Daewoo India, Honda Siel, HM to benefit from removal of export obligation 
  • War-struck IT firms find safe havens overseas
  • Heyday for luxury cars on new entrants
  • Enron: HSBC takes Rs 167-cr hit
  • Tisco, Pechiney may tie up for Nalco bid 
  • Iffco, Kribhco in talks to buy 10% each in Hazira
  • Bacardi breezes in pre-mix beverage segment
  • Sterlite's India Foils sells prime property for Rs 5cr
  • Jindals to be lone bidder as Tisco-Arcelor plans to opt out
  • Tata group mulls TISl meger with VSNL
  • CLP PowerGen to buy out 12% of JV partner
  • TVS Motor to spend Rs 350 cr on new products
  • Lupin in talks with MNCs for NDDS products
  • BILT board meet on VRS tomorrow 
  • TRAI not keen to mediate in VSNL- BSNL dispute
  • HPCL to tie up with Ford, Hyundai for service centres
  • BG India plans extension of broadband venture
  • Samsung eyes big slice in fridge segment

INTERNATIONAL BUSINESS

  • Toyota and Honda, not made in Japan
  • White House defers $1-bn IT projects
  • Gloomy economic indicators have Wall Street running scared
  • India to allows Bangladesh goods duty-free access
  • German employers fear 200,000 jobs under threat
  • Boeing makes contract offer, union says misses mark
  • Piracy Eco criminals net $31 billion a year
  • Argentine court rulings hit election plans, aid hopes

GENERAL

  • Inflation crosses 3% mark for first time in 2002 
  • Grid security issues to dominate WREB meet 
  • Ministry to go easy on food labels
  • Subscribers to gain from delay in EPF notification

BANKING AND FINANCE

  • Priority sector: Jai Kisan! but money is a no-no 
  • Centres borrowings chug along despite a few hiccups 
  • One step forward, two steps back
  • `AMP Sanmar does well on rural front'
  • The trend is to shed forex debt and tap bond markets
  • SEZ units can hedge sans RBI approval
  • Plan for supervisory body for urban co-op banks dropped
  • IDBI may go for preferential issue to cut IDBI Bank stake 
  • Reduction in bank rate will not lead to higher credit offtake, say Experts 
  • ANZ Grindlays gets StanChart tag now

CAPITAL MARKET

  • After lull, IT's boom time again
  • Private MFs zip ahead, Big Daddy trips
  • UTI sector funds seem to offer some relief
  • Balaji Tele on upper limit
  • Some bright spots likely in range-bound trading
  • Infotech counters show resilience
  • Shares consolidate, await rise in foreign funds buying 

PEOPLE


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domain - B : Indian business : News Review : 26 August 2002 : index