Highlights

Internet Explorer 4.0 and above : Bookmark this page Netscape users : CTRL+D to Bookmark

COMPANIES

• RPG Group readies for recast
• Nirma plans divisions rejig
• L&T bags IOC contract worth Rs 1,242 crore
• Suit against union carbide dismissed
• TCS to get majority in JV with HDFC
• Saudi to deliver oil come what may
• NTPC's Jain becomes SCOPE chairman
• BHEL, Alstom to bid for NTPC project
• Conmat boost to sustainable construction
• Silverline seeks ADR ratio change
• HC order upheld in Anubhav Plantations case
• Bharti to merge cell subsidiaries
• Another revival plan likely for HPF
• Tektronix eyes Rs 100-cr turnover
  

INTERNATIONAL BUSINESS

• Oracle net rises first time since '01
• Turner plans to stay on AOL board
• P&G to acquire Wella for $7bn, plans open offer
• Novartis to ink deal for buying out top Pfizer drug for $225m
• Fed may keep interest rates steady as war looms large

GENERAL

• US firms eye food aid rewards to post-war Iraq
• S&P may cut airlines ratings if war breaks
  

BANKING AND FINANCE

• J&K urges PSU banks to increase credit to state
• IDBI Bank home loan portfolio zooms
• SBI Life offers premium payment via credit cards
• Andhra Bank lends Rs 169 cr for SHGs
• Vasavi Bank crisis — More co-op banks in AP heading for trouble
• Notes-worthy

CAPITAL MARKET

• Initial gains not held
• Morgan Stanley hits 2-year high
• Block deals in Corporation Bank
• HDFC rises on FII backing
• FIIs turn sellers on war fears
• Market bounces back as war uncertainty ends
• Quick Iraq war may pose risks for emerging bonds
• Re dips a tad, gilts in narrow range as market discounts war