Suitors for NFL hold back financial bids
New Delhi: Differences within the government over National Fertilsers Limiteds divestment proposal have prompted several potential suitors, including Aditya Birla Group and Tata Chemicals, to refrain from submitting the final bids.
Back to
News Review index page
FinMin doesnt bite Naiks Bina bait
New Delhi: The finance ministry plans to spoil the oil ministrys party on Bharat Petroleum Corporation Limited. It has expressed reservations over the petroleum ministrys proposal to increase BPCLs stake in Bina refinery in Madhya Pradesh from the existing 26 per cent to 50 per cent.
Back to
News Review index page
Halt BPCL, HPCL selloff move: CPM
New Delhi: The Communist Party of India-Marxist has asked the Cabinet committee on
disinvestment, meeting on Saturday, not to proceed with divesting the government stake in Bharat Petroleum Corporation Ltd and Hindutan Petroleum Corporation Ltd.
Back to
News Review index page
RSS asks if Reliance is the intended beneficiary
New Delhi: RSS spokesperson MG Vaidya has alleged that the Reliance Group was a potential beneficiary of the ministry of disinvestments present line of thinking on Bharat Petroleum and Hindustan Petroleum.
Back to
News Review index page
NIFD charts strategy to corporatise operations
Mumbai: The National Institute of Fashion Design has outlined a three-pronged strategy to corporatise its operations and attain global standards.
Back to
News Review index page
Eureka Forbes aims 12% sales growth
Mumbai: Direct selling company Eureka Forbes Ltd is eyeing a 10-12 per cent growth in sales during the current fiscal.
Back to
News Review index page
Civil suit hearing of defendants in TFL case on October 11
Mumbai: The civil suit hearing of the Tata Finance case against former TFL managing director Dilip S Pendse and 24 other defendants, has been postponed to October 11.
Back to
News Review index page
Polaris to start BPO by November
Chennai: Chennai-based Polaris Software Labs Ltd expects to commence its business process outsourcing initiative by November.
Back to
News Review index page
Face off: today is the policy battle of the year
New Delhi: Petroleum Minister Ram Naik is expected to take on Disinvestment Minister Arun Shourie at the meeting of the Cabinet Committee on Disinvestment and the outcome of the clash may well shape the Vajpayee government's response to future reforms.
Back to
News Review index page
ICC, players present a deal, bill to BCCI
Bangalore: The International Cricket Council said it has resolved the sponsorship dispute with India that threatened the team's participation in next week's Champion's Trophy.
Back to
News Review index page
H-P to buy out all its Indian arms
Bangalore: Hewlett-Packard plans to acquire the entire share capital of its subsidiaries in India HP India, HP India Software Operations and Global eBusiness Operations from their existing shareholders.
Back to
News Review index page
Large outsourcing possible from US companies
Mumbai: Large outsourcing deals are possible as US banking institutions are no longer looking at small cost reductions, but are willing to look at complete outsourcing, according to Joseph Kennedy, Director on the board of
i-flex solutions.
Back to
News Review index page
HLL gets FIPB approval to hike foreign stake to 49%
Mumbai: The decks have been cleared for foreign institutional investors
(FIIs) to hike their stake in HLL.
Back to
News Review index page
Titan's VRS scheme finds 600 takers
New Delhi: The Tata group-owned watch major Titan Industries has dropped 600 employees through its first Voluntary Retirement Scheme offering in July-end this year.
Back to
News Review index page
Titan's European foray wasn't worth the time
Bangalore: Can Indian companies make money selling branded products in western markets? No, if one were to go by the experience of Titan Industries, which, in the mid-90s, became one of the first Indian companies to venture into Europe with the aim of selling Titan watches.
Back to
News Review index page
Mahajan hints at unlimited players in cellular market
New Delhi: Communications Minister Pramod Mahajan on Friday hinted at the possibility of unlimited players in the cellular sector, which currently has up to four players in each circle.
Back to
News Review index page
Infosys still best employer: report
New Delhi: Infosys has been ranked as India's best IT employer for the second time in a row followed by Cadence Design and Wipro while HP, HCL Technology have slipped in rankings.
Back to
News Review index page
Hyundai Motor unveils new finance scheme
Chennai: Increasing competition is forcing automobile companies in India to look at newer finance options as an incentive to attract additional buyers for their models.
Back to
News Review index page
Wipro Info to expand reach to SME segment
Hyderabad: Wipro Infotech, the IT and Communication services division of Wipro Limited, aims to expand its reach to the Small and Medium Enterprises segment by providing high value IT products, services and solutions.
Back to
News Review index page
|