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COMPANIES

  • Asian Paints acquires 60% in Egyptian firm for Rs 24.5 crore 
  • US company plans to enter electric transport in Bangalore 
  • Opto Circuits to part-divest stake to US Firm 
  • IndusInd launches internet banking 
  • HMT MT hopes to cash in on defence, aerospace
  • BSNL's WLL telephony cheaper than fixed line
  • AV Birla Group to exit Idea
  • Spice pleads against account freezing
  • Ad agencies grin and bear the bad cut
  • Jubilant in talks to buy Max Pharma
  • Centurion, IndusInd talk merger
  • Air traffic's flying off the tarmac
  • Deepak Fertiliser plans local buys, global projects
  • Suzuki may enter into deal with SAIL for auto steel
  • Indiatimes, Mattel in pact for online toy store
  • IFC in talks to acquire stake in Max Healthcare
  • ITC in bid to popularise hygienic packaging
  • Graphite India plans to recast high-cost debt - To expand product portfolio
  • `MNCs doing surrogate audit work'
  • Adopt ICAI's 1-23 standards: Panel
  • HC stays DD move on sports channel
  • M.H. Mills: Old guard in rear-guard action
  • Jubilant in alliance with LION Bioscience
  • Wipro Tech signs up CNA Life
  • Growel group to diversify into real estate sector
  • From the grassroots
  • Centre seeks to get more for Maruti stake
  • Infosys logs on to life sciences practice - Earnings guidance at Rs 3,108-3,195 crore
  • Coke bids to placate with Kinley soda

INTERNATIONAL BUSINESS

  • US, EU farm sops causing poverty
  • US consumer confidence hits a 9-month low
  • US steel sector awaiting ruling on foreign steel producers
  • Nissan lone Japanese automaker to see July sales rise
  • Enron creditors want $12 mn from Kopper plea deal
  • Amazon halves free shipping limit to $25
  • Server market down in Q2, Sun, IBM share up
  • US firms don't plan to take on more staff in Q4
  • America Inc. gears up for reform

GENERAL

  • 30-40 products to be removed from SSI list 
  • India seeks patent regime for unique genetic resources 
  • NPA Ordinance may cover co-ops too, says Adsul 
  • Number of labour laws to be pruned 
  • US Trade Commission rejects duties on steel from 5 nations 
  • 'Distress formula for Cauvery waters within a fortnight 
  • Rlys short of viable projects 
  • Australian cos petition on scrapping of tender dismissed 
  • Decision on DRF pay out modalities today 
  • Centre to send recce team for Indo-Lankan bridge project 

BANKING AND FINANCE

  • The Kale story of TFLs stake sale in TAML to TD Bank 
  • Cholamandalam Investment plans to float Rs 50-crore debentures 
  • Private insurers look to LIC stand on service tax
  • Max New York Life launches new risk protection product 
  • Preferential private placement - Salomon Smith to advise UTI Bank
  • Netravati Bank outlines credit schemes for SSIs
  • Max New York to hike capital to Rs 300 crore
  • Birla Sun Life CP gets `PR1+'
  • Branch licensing - Reserve Bank needs to unfetter banks
  • IndusInd Bank looks at acquisition route for growth
  • Rs 1.5 lakh cr locked up in litigations
  • PNB notice to 400 defaulters
  • Central Bank to triple cardholder base
  • Bank VRS optees assn plans stir

CAPITAL MARKET

  • Addl Rs 1,400-cr guarantee for Unit Trust's MIP 97
  • Bear domination
  • Synergies with TCS help CMC
  • Block deal in Indo-Gulf
  • No headroom for fungibility in Ranbaxy
  • Tech stocks drag market down
  • Bombay Dyeing stock option to MD, JMD
  • Re firms up; gilts range-bound
  • Market round-up 

PEOPLE


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domain - B : Indian business : News Review : 28 August 2002 : index