Highlights

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

COMPANIES

• Balrampur Chini moves IFC for $15 million to fund expansion
• Hindustan Lever to convert its Nepal arm into Mini-HLL
• SBIL to review cap reduction
• Targacept clinical trials on resistance depression in India
• Inmarsat to launch satellite broadband services
• Results of 447 FDI firms show deceleration in FY-01
• Cobra Beer to set up greenfield project
• Open offer for 20 per cent L&T stake — Grasim expects SEBI approval next week
• GE hopes for Dabhol solution in six months
• Lakshmi Auto `under revamp'
• Tatas hike stake in Trent to 28 per cent
• Italian textile major sets up facility in India
• Maocaro likely to be rechristened
• Notice ordered for Sol Pharma wind-up
• Yamaha Motor sets sales target of 4.5 lakh bikes
• Travelex to hold 60 per cent stake in JV with Kuoni

INTERNATIONAL BUSINESS

• Slump in share prices hits Japan insurers
• Bechtel bags first Iraq re-building contract
• Pentagon pegs US cost of war at about $20 bn so far
• Toyota unveils new version of Prius hybrid car
• Hyundai aims flash cars, neat deals to boost exports

GENERAL

• WTO negotiating group on market access for non-agri goods accepts India’s idea
• Pharma cos to make up for dealers’ losses due to VAT
• SC to decide on cos based in Mauritius by April-end

BANKING AND FINANCE

• IndusInd in talks with UAE banks
• UTI Bank bites into food credit pie
• IFC sanctions Rs 60-crore loan to Dewan Housing Finance
  

CAPITAL MARKET

• SEBI in talks with RBI for better co-ordination — FII registration norms to be easier

PEOPLE

• IRDA appoints new chief for Life Council
• Dr Reddy's Emerging Business chief quits