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May 8, 2001
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Qualis eyes Goa's tourist vehicles segment

Insurers put unit-linked plans on backburner: BS

5% direct discount is violation of tariff regime, say brokers: BS

New Finance Bill section to dampen equity investments: BS

'Moral turpitude' may debar firms from taking part in selloff exercise: BS

Govt prunes IA's wings, refuses acquisition of new planes: BS

A-I to introduce new non-stop flights to Dubai, Singapore, Hong Kong: BS

Railways may slash plan size: BS

London court orders Hughes to pay Subhash Chandra over $50 million

Govt seeks legal view in DPC row: BS

Enron India unit lenders move to solve row: Reuters

FDI inflows up 93% in Jan-Feb at Rs 34.96 bn

Infosys says hacker-hit Web site working: Reuters

Birla VXL pens 3-point recast: BS

Infosys EVA up 300% to Rs 3.89 billion: BS

Infosys readies $80-mn capex blueprint for '01-'02: BS

Tata Coffee in vending unit push: BS

Topline majors are a drag on the bottomline: BS

Operational merger of Knoll, Abbott by July: BS

UTI Bank says no merger for 1 year: BS

ICICI restructures organisation: BS

SC adjourns order on Balco till July 17

Balco issue engulfs Daewoo Power, Essar Steel

Employee taking VRS from one PSU can joining another: SC

CHIP set to go off stands from June

RBI moves to phase out fixed-rate refinance

WLL trapped in regulatory maze

Satyam to file $110-m ADR at Rs 242

Working group to draft mandate for negotiations on energy services set up

Wockhardt to market Eisai drug in India: Reuters

JPC to begin probe into stock market scam on May 14

MTNL employees to strike from May 15: Reuters

LIC seeks tie-ups with tech savvy private banks: BS

Khaitans to buy Magor's Williamson pie at market rate: BS

MTNL to invest $300 million in overseas expansion: BS

KBC may topple Baywatch as most popular TV show: BS

Indians working in dot-coms in US filing for bankruptcy

US sanctions against India to go soon: Mansingh

Aditya Birla Group to up stake in four companies: Reuters

SBI plans higher retail loan exposure: Reuters

Bharti group gets more investments: Reuters

Q4 results reveal vertical divide among corporates: BS

Kishore renews open offer bid for Herbertsons: BS

Infosys brand value up a mere Rs 1.30 billion in 2000-01: BS

Law soon for uniform financial, service condition for regulators: BS

FIs claim back tax benefit: over Rs 10 billion hit for corporates: BS

Rural UP swarming with Mastih Do Dils: BS

Public offering likely in Shipping Corp divestment: BS

Trade unions to strike on May 18: BS

Global bankers ask govt to honour DPC obligations: BS

India limits entry of 300 items via select ports: Reuters

Balaji to meet May 9 to review Nine merger: Reuters

And, now, 'yellow pages' on returning IT whiz-kids

Govt mulls new anti-dumping measures

Maharashtra, MSEB refuse to adhere to lenders' conditions

Madhavpura Bank chairman, CEO held

Fiat to export parts from Indian Palio car project: Reuters

CBI unearths existence of 'bank mafia' in Calcutta, Port Blair

India rising world power with base for e-commerce: US

Sinha says tax shortfall to hit fiscal deficit: Reuters

Nalco in JV talks with Gulf companies: BS

Infosys to develop solutions for New York Life: BS

Kinetic not to introduce four-stroke scooter variants: BS

Corporates may shun ECB route from June: BS

Mahindras portal to set up big used-car retail chain: BS

Cement majors log 13 per cent sales growth in April: BS

3 formulas to resolve COAI crisis, vote on May 9: BS

Indian family businesses modernising, says survey: BS

Hrithik Roshan, the new one-man industry: BS

Reliance allowed to hawk power from Patalganga to third parties: BS

Sebi defers carry-forward decision to May 14: Reuters

India's economy hostage to politics: Reuters

Govt proposes setting up Economic Law Commission

34 sectors post higher growth: Ascon survey

India's forex reserves fall to $42.654 billion: Reuters

Chemists down shutters in protest

Zee likely to up bouquet price to take on Star

Balco unions to press on with two-month-old strike: Reuters

No beef extract in French fries, claims McDonald's

Shiv Sena 'testing' McDonald's French fries in labs

VHP refuses to accept McDonald's clarifications

Shiv Sena activists demand closure of McDonald's outlets

Godbole panel meets sans DPC representation

Vajpayee seeks support for economic reforms: Reuters

IBM acquires Informix database business

CSE sub-panel to take stock, post-Sebi probe: BS

Sebi meet on deferrals on Saturday: BS

Desi Viagra comes a cropper: BS

Binani Inds may put glass fibre division on the block: BS

Fiat India plans launch of CNG versions: BS

Rs 100-billion shortfall in tax collection: BS

PSU banks wage rate war in consumer loans: BS

COAI on the verge of a split: BS

Grasim plans to buy two cement units: Reuters

Telco hikes truck prices: Reuters

World Bank approves $450-million India power reform loan

Satyam lowers billing rates to garner more clients

Indra Nooyi on PepsiCo board: BS

DPC agrees to meet govt panel as a courtesy': BS

Dabhol's PPA meeting likely on May 11: BS

Salve may represent Centre on Enron talks panel: BS

Malaysia hopes Vajpayee visit may help strike palm oil deal: Reuters

ICICI to pare stake in ICICI Bank to 40%

ICICI to focus on fee based income in 2001-02

Car companies told to provide rear-seat belts: BS

Reliance likely to bid for MTNL stake too: BS

Govt not to review privatisation policy: Reuters

IMC asks govt to slash holidays

CII sees retail industry at $300 billion by 2010

'Dabhol project to get going soon'

Govt gives free hand to Sebi to cool markets

VSNL in talks with basic operators for NLD foray: BS

Videocon mulls new units in Mohali, AP: BS

Max Pharma gets US, Europe process patents: BS

Rallis to merge five arms with itself: BS

IBP enterprise value seen at Rs 50 billion: BS

Sebi draws flak from DPAI for fuelling rumours'

Ranbaxy says drug close to US approval: Reuters

IRDA clarifies on chief's qualifications: BS

IndusInd plans asset buyout of banks: BS

Ahuja takes the reins at BankAm: BS

MSEB against buying DPC Phase II power: BS

Consumer bill seeks to strengthen redressal fora: BS

VSNL basic services plan for Delhi, Bombay rejected

Cement prices fall in Bombay market: Reuters

Tata Power plans overseas projects: Reuters

India unveils six-point strategy to protect national economies

Panel favours 15% cut in foodgrain export prices

Job portals thrive in times of recession: BS

Tax holiday norms relaxed for pvt firms : BS

Govt to lift restrictions on steel imports: BS

Pentamedia to buy 49.95% in Film Roman: Reuters

Global meltdown can hit India badly: Sinha

India will maintain over 6% GDP growth rate: Sinha

PSU banks drop Sunday banking plans: BS

Madhavpura chief's property to be seized: BS

Parekh stake in GTB pared to 1.13%: BS

RBI issues norms for universal banks: Reuters

Government not to target Chinese imports for anti-dumping duty

India not opposed to new round of WTO meeting: Sinha

Foreign funds plough money into Indian shares: Reuters

Ketan, Kartik, Pandya remanded to judicial custody till May 9

ITC continues picking VST shares in a one-sided war

CII to urge Sebi to reconsider carry forward ban

Sinha justifies lower small savings rates: Reuters

MSEB will have to pay Rs 5 bn per month to DPC after phase-II

OECD cuts growth forecasts, sees recovery soon: Reuters

Balco strike may end on Friday

Maruti April car sales down 12.5%: Reuters

Hyundai April sales dip marginally: Reuters

Daewoo's India unit April sales down 59.3%: Reuters

Malaysian Airline in code-share deal with Air India: Reuters

Central Warehousing Corp allowed to set up overseas base

Individual stock futures: small investor has few options: BS

MSEB seeks to review PPA for Bhadrawati : BS

Job workers out of 16% Cenvat on readymades: BS

IRDA moots 100% FDI for 3rd party administrators: BS

SC asks Balco workers to call off strike: Reuters

GTB's peers to stay ahead in the retail race

Analysts warn on RIL's profit margins in the coming quarters

Cost cutting, better prices help ACC post 78% profit

Vajpayee pledges to protect workers: Reuters

506 firms blended the worst to post 30% rise in '00-01 profit: BS

Gillette to sell Luxor stake to Rubbermaid: BS

Court raps former Goa minister over power rebate scandal

Kinetic plans launch of 6 bikes in 15 months: BS

Ranbaxy in herbal thrust, plans R&D centre: BS

Indal plans Rs 1-billion mop-up via ECBs: BS

Sebi risk management panel set to meet: Reuters

Reliance plans to sell cellular phones: Reuters

Government receives bids for Bangalore airport: Reuters

Corporate India warms up to outsourcing: BS

Car makers veer to SKD kit route: BS

Manufacturing companies post 6.1% sales growth in last quarter: BS

Goldman cuts Reliance Petro estimates: Reuters

Cipla to supply AIDS drugs to Nigeria: Reuters

Enron has no plans to sell Dabhol stake: Reuters

DPC Phase II: fresh rumpus over escrow account: BS

DF allies to press for commission of inquiry to probe Enron

India says firm 'no' to new WTO round

Transport industry attracts highest FDI: Assocham

HC dismisses Rathi petition challenging Sebi ban

Industrialist Mohanlal Piramal dead

StanChart to add staff in India, Malaysia: Reuters

CII urges states to boost reform: Reuters

Trigyn cuts jobs by 10% on tech turmoil: Reuters

Decision on Balco strike deferred, stir continues: Reuters

CSFB goes overweight on India

Sebi begins probe in CSE 'irregularities'

Sebi to lift ban on short sales from July 2

Breakthrough in Balco deadlock in sight

Centre extends 16% excise duty to unbranded garments

Bread prices will not soar: Govt withdraws tax on wheat flour

Indian IT firms brace up for European slowdown: BS

Loss-wary FIs ask govt to defuse Dabhol crisis: BS

Gujarat plans new airport at Pipavav: Reuters

Tribunal upholds Sebi order: BS

CSE panel mulls BSE and NSE membership: BS

Canara rules out private bank buyouts: BS

Banc of America to set up wholly owned arm: BS

IDBI chairman gets 3-month extension: BS

IMF meetings leaves tricky questions unanswered

Naresh Narad is acting CMD of ONGC: BS

Investment norms for insurance firms relaxed: BS

VSNL to invest Rs 20 billion in 2001-02: Reuters

Panel asks Centre to ban rubber import: Reuters

Novartis, Ciba to sell Bombay property: Reuters

Cruise firms entice clients with more freebies: BS

Mukesh Ambani in race for World Entrepreneur title: BS

Govt rejects Pfizer's bulk drug proposal: BS

Dabur JV barred from selling Chinese flavoured milk: BS

Euphoria fades for India's fixed-line telecom firms: Reuters

India's 2000-01 exports rise to $44.1 billion

Govt clears completely built car imports: BS

Reliance to invest Rs 100 billion more in IT: BS

US will lift sanctions in its own interest, says Sinha: Reuters

India against WB, IMF dealing directly with states

Centre must simplify FDI rules, says panel

Yashwant Sinha says Enron row overdone, sees solution: Reuters

Investments, jobs in India hit by US slowdown, says Sinha: BS

Sinha-led panel sees new role for World Bank

US panel links lifting sanctions to status of minorities

Pvt insurers can invest up to 5% of funds in group cos

IOC to continue naphtha supply to DPC

Uttar Pradesh in grip of severe power crisis

India's consumer price inflation 2.53% in March: Reuters

Sebi should be manned by professionals, says CII president: BS

AV Birla group mulls carbon black buyouts in China, Europe: BS

Reliance Petro concludes largest foreign currency term loan: BS

Probe tracks Rathi firm in Amara Raja stock bungle: BS

Demutualisation of bourses hits a snag: BS

DKW puts a 'buy' on Satyam

SAP, Oracle target SMEs with off-the-shelf CRM offerings

Better price realisations result in 32% net for GACL

Lego to step up toy market presence: BS

Apollo Health plans to raise Rs 500 mn via venture funding: BS

World's rich say to fight poverty, boost health: Reuters

MSEB to slap termination notice on DPC, if things go beyond control

Enron not interested in completing Dabhol project

Maharashtra government names panel to renegotiate Enron deal

HC for transfer of petitions against Dabhol PPA: BS

India is world's 4th largest economy

AAI asks user to run air cargo unit: Reuters

Gold imports rise post-payment crisis: Reuters

India opposes preconditions for loans

Pakistan backs proposed Iran-India gas line: Reuters

MTNL, WorldTel in Bangladesh telecom pact: Reuters

I have no worries about the rupee: Sinha

India worried over declining aid; asks IMF to help spur growth

IMF urges developed nations to open up their markets

India to receive $5.2 billion ADB loan in 4 years

Dr Reddy's ties up with UK firm for tests: Reuters

Indian Airlines to lease up to 10 aircraft: Reuters

Ambani to keep 'options open' on DPC takeover

RIL may divest 13% pie in RPL to Kuwait Petroleum

CBI opposes Verma's bail application

CBI to probe 2.7 million shares 'missing' from Harshad's custody

Birla-Tata-AT&T in talks with FIs: BS

Hindalco, Nalco mull price hike: BS

Ranbaxy to seek board nod for US R&D base: BS

Dr Reddy's shifting export focus: BS

K K Birla group to raise stake in Gobind Sugar by 25%: BS

Consumer finance firms make hay in a sluggish market: BS

Sensex to slide further as financiers run for cover: BS

Sebi to probe takeover breach in Nedungadi case: BS

First Global indulged in circular trading, says Sebi report: BS

Castrol bidders told to hike offer price to Rs 350.08 per share: BS

Sebi move a double-whammy for markets

Volumes, value addition help Hindalco net

Reform could lift India growth above 8%, says IMF: Reuters

India, US pledge to intensify relations

World Bank rules out role in Enron-MSEB tussle

Forex reserves at a record $42.765 billion

VRS benefits for central govt staff finalised: BS

Rs 75 million lost in the shortest Budget session: BS

Hero Honda's Rs 560-mn profit below expectations

CMC upheaval comes in a little too late, say analysts

Digital's profits zoom 200%, with Compaq's help

Indian software exports might fall short of expectations: DKW

McDonald's local arm asked to pay royalty: BS

BPL moves appellate body against Sebi order: BS

Banks may set cut-off age at 60 for seniors' scheme: BS

New India seeks CBI inquiry into effaced cheques: BS

FM advisor upbeat on economic prospects: BS

Anand Rathi case adjourned once again: BS

Binani mulls 49 per cent sale to foreign ally: BS

Private, foreign banks resist common PF act: BS

DVB bid sees Reliance, Tatas, Aditya Birla in close chase: BS

RPG to enter foods market via Spencer's: BS

RBI may cut rates if situation warrants: Reuters

AIDS drugs cure boosts Cipla's profile: Reuters

GOT-IT opts for parity on WiLL: BS

Cola star war gets fizzier: BS

IMC pegs loss due to bandh at Rs 20 billion: BS

First Global may lose LSE membership: BS

Brokers say trade volumes will dry up: BS

Bangalore sings slowdown blues in low key: Reuters

Govt rules out setting JPC to probe corruption in Customs case

Amitabh, Jaya owe Rs 151 mn to IT dept; Shahrukh owes Rs 27 mn

Brokers corner 41 per cent of Nedungadi Bank: BS

Pfizer not hot on launch of Viagra: BS

Industrialist Mohanlal Piramal attempts suicide

Business problems may have driven Piramal to attempt suicide

Balco controversy not to hit private investment in Chhattisgarh

Enron gets ready to beat a retreat from India: Reuters

Maharashtra CM hopeful of renegotiation with Enron

GoT-IT okays limited mobility service

Aim for 7% GDP growth, says new CII chief

Future looks weak for 'K-10' stocks

Dunlop president wants to quit on health ground

'US slaps notices on Essar, Ispat over dumping'

P M Tripathi to head JPC to probe stock scam; Amar Singh on panel too

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