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COMPANIES

  • Mahajan moots merger of BSNL-MTNL 
  • Intel Corp foresees IT potential in India 
  • BPCL Not Averse To Merging KRL 
  • SSI Profit Plunges 82.5% In 01-02 
  • LIC arm buys Citi's home loan portfolio
  • Oberois go shopping to hike EIH stake
  • Bidding norms for export cos eased
  • SAP Labs to invest 20 m euros
  • TD Power ships generator to Japan
  • L&T completes Rs 450-cr project for IOC Barauni
  • Coal India board approves plan for tie-up with ONGC
  • Ion Exchange sets up water station in Bengal
  • Ingersoll-Rand working on Golden Quadrangle plans
  • AIMIL Pharma bets on South foray for growth
  • Volvo gets ready for national ride
  • Camlin to focus on exports, R&D
  • Indian Hotels plans 'budget' entry
  • Promoters hold 67% in Sterlite, post buyback
  • Bajaj Electric recasts ops into 5 SBUs
  • Marico to cut exposure in Saffola, focus on non-oil health food
  • Kennametal buys 26% to take Widia stake to 77%
  • Thyssen to hike Otto stake to 95%
  • Ashok Leyland dumps bonds in favour of CP
  • Air-India yet to use Heathrow landing slot
  • Essel Propack on the prowl, looks for cos in India, Europe, China
  • CSC to set up its 3rd software centre in Noida

INTERNATIONAL BUSINESS

  • Garment sops to Bdesh: team to visit Canada soon 
  • Toyota set to challenge VW's dominance in China
  • Immelt announces more restructuring at GE
  • Joint offer made for Vivendi publishing arm: report
  • Microsoft detects security flaw in Windows
  • Voice of America chief quits under pressure
  • Netscape launches new 7.0 version of browser
  • Sun expects to hit bottom part of revenue target range

GENERAL

  • Corruption: transparency says the buck stops at politicians & MNCs 
  • Trouble ahead for Earth Summit 
  • Monsoon shows signs of revival 
  • Govt gets time till Dec 2 to sort out Tisco lease issue 
  • Coming Soon: 1st live game show on ESPN- Star Sports 

BANKING AND FINANCE

  • Mixed trend seen for next fiscal
  • Benchmark for G-secs market in the offing 
  • Pvt banks told to boost farm credit 
  • Non-bank players call market lending to be reduced to 75% 
  • Total income up 13% ut Rs 24,690 crore
  • Banks cut rates on corp deposits
  • Pension funds market - IRDA seeks tariff structure from prospective players
  • IMF, RBI and the rupee
  • Debt-swap mechanism- RBI not for stepped-up borrowings by States
  • Exchange of soiled notes
  • ICICI Bank's mobile facility
  • Petition on election of Director Board - Federal Bank to file counter petition in Alappuzha court
  • ICICI Bank cuts tenor-linked PLR
  • Union Bank launches bullion scheme
  • Cos, MFs may be allowed in repo market
  • Debt recovery progress slow
  • Jaswant sends UTI bail-out package for political okay

CAPITAL MARKET

  • Sebi policy on margin trading soon
  • Stocks post smart gains
  • Rupee stronger; securities dip
  • LIC Mutual to put out Sensex Advantage Plan
  • Bull onslaught
  • `Euronext' proposed for small exchanges
  • Kania panel for scrapping of regional SE concept
  • Concor winches up on business outlook
  • Institutions lap up Infosys
  • Short covering helps IPCL to inch up
  • Sentiment sours on institutional backing; IT stocks shine

PEOPLE

  • Barret sees no great changes in chip tech 
  • Barret meets Satyam chief 
  • CSE appoints President, V-P

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domain - B : Indian business : News Review : 31 August 2002 : index