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COMPANIES

  • Car majors turn to India for low-cost sourcing base 
  • P&G plans strategy to boost topline growth 
  • Volvo India sets up new channel for used trucks 
  • Ashok Leyland turnover up 5.6% in Aug 
  • Sahara gives new logo for indian cricket team to avoid conflict 
  • Match rivals' ISD rates, BSNL to VSNL
  • ONGC's on top of ET 500 charts
  • Palio slips in monsoon, sees a diesel saviour
  • Sahara pitches for banking
  • Ozone to merge its pharma biz
  • Mon Ami may write JV with Today's Writing
  • Mauritius firm to buy minority stake in UTV
  • Max India may increase stake in HealthScribe
  • Kinetic to raise share of Chinese parts to 20%
  • Barista crosses Palk Strait to serve coffee in Sri Lanka
  • Crescendo tunes in to music hardware
  • PSL Holdings to acquire tech for under-water construction
  • BPL hikes stake in group cos
  • ICWAI central council may have addl Govt nominee
  • Electrolux likely to cut rights issue offer size - Board to meet on Sept 17
  • New Holland to target mid-HP tractor range - To launch new products
  • SAIL hopes to reduce operating loss by 70%
  • McDowell to seek shareholder approval for overseas foray
  • Gillette appoints panel to review Geep business
  • Godrej focus on improving food unit's margins
  • Toyota Kirloskar to import Camry
  • IFC to invest $3.6 m in Usha Beltron

INTERNATIONAL BUSINESS

  • WTO gets its first chief from developing nation
  • 9/11 and after: snapshots of change

GENERAL

  • Jan-June exports to US log smart 16.7% growth 
  • Taskforce puts off decision on waiving interest on farm loans 
  • Summit on South Asian security 
  • Refunds pull down tax mop-up growth to 18 per cent 
  • Safeguard probe begins as Chinese needles start pricking 
  • DGFT should interact with missions: Rudy 

BANKING AND FINANCE

  • RBI locks horns with FSA over single regulator issue 
  • Recapitalise NPA-hit banks to be globally competitive: Kamath 
  • Good managers key to foreign bank branches, says FSA 
  • Adsul, Dhoot harp on the NPA tune 
  • New HSBC facility to reduce risks in cross-currency deals
  • Hudco snips rates 50-100 basis points
  • Piggybacking on consumer goods
  • 10 pc cap on bank voting rights may go
  • RBI asks Global Trust Bank to cut dividend to 5 pc
  • `Scope for banks to cut lending rates further'
  • ING group stake in Vysya Bank up at 43.99 pc
  • Cheer up borrowers! banks, FIs may no longer bully you 
  • HC declines dstay on NPA ordinance, but admits petition 

CAPITAL MARKET

  • UTI-II sell-off by mid-2003 likely
  • Most funds stuck with HPCL, BPCL stocks
  • Franklin to launch portfolio scheme by next quarter
  • UTI launching new income scheme today
  • Mastershare-86 book closure
  • Restricted movement
  • Nasdaq India move on new trading platform
  • Mastek rises on bonus talk
  • Strong fundamentals behind Infosys' surge
  • `Strategic' booster keeps Cipla in good health
  • IT stocks gain in cautious deals; Wipro down
  • Rupee stronger; gilts up
  • Creeping clause back at 5 pc - SEBI amends takeover code

PEOPLE


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domain - B : Indian business : News Review : 12 September 2002 : index