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May 15, 2001
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B P Verma, 3 others freed on bail

Left parties demand probe into Enron project

Enron row to make investors wary, but Asia inflows seen steady: Reuters

Biocon India plans domestic IPO by June 2002

Palm Inc launches in India; eyes Korea, China: Reuters

Malaysia, India eye alliance in IT ambitions: Reuters

Morepen, US firm Ameritek in testing JV: Reuters

PWC offers fraud tip-off service to Indian firms: Reuters

Mercedes-Benz revs up, to launch Chrysler range: BS

TCL plans local manufacturing: BS

Samsung marks $45 million fresh funding: BS

Industrial growth may reach 3-4% in 3 months: IEG: BS

IFCI shuffles 94 executives to perk up operations: BS

Branch banking faces sunset as customers fancy automation: BS

Iffco in line to acquire 51 per cent stake in NFL: BS

IDBI recalls loans to Essar Power: BS

ED unearths Rs 2 billion forex scam: BS

Telco April sales slump 25.6 per cent year-on-year: Reuters

Outlook still very bleak for Indian industry: Reuters

Rupee at 46.98/$; recovers from record low

IDBI mandates BCG for universal banking strategy

Over-regulation could potentially kill a market: Panel: BS

Rs 100-bn debt papers shifted to demat at NSDL: BS

NSDL begins baring broker pool a/c data: BS

Mascon to float $40-million GDR in 2-3weeks: Reuters

Fiat Palio launch deferred to year-end

India comes under US watchlist of money laundering

JPC plans conduct code for members' role in corporates: BS

Edible oil imports seen up 11.5%: Reuters

Finance Bill gets Presidential assent

India may review palm oil duties, says PM: Reuters

HC notice to CBI on Harshad Mehta's appeal in ONGC fund scam

Escorts to exit motorcycle, auto part JVs: Reuters

India offers $50-mn credit to Malaysia: Reuters

Reforms transforming India to country of surpluses: Jaitley

Sarma, Pachauri, Parikh quit Godbole panel

Indian, Malaysian firms ink agreements in various sectors

Centre not keen to buy Enron power, feels Deshmukh

Sinha invites HK investment in core areas

After neem, turmeric foreign firms patent Ashwagandha

Satyam lists at $9.71 on NYSE; raises $140.8 million

Sebi sleuths zero in on FII sub-accounts: BS

Foreign firms seen cornering lucrative highway contracts: BS

RBI calls for plan to curb card defaults: BS

Bank unions talk stir over VRS fallout: BS

Panel to decide IFCI chief's name soon: BS

Vajpayee starts Malaysia trip, deals eyed: Reuters

Warburg buys stake in Gujarat Ambuja: Reuters

JPC on stocks scam urged to probe UTI's investment: BS

India looks at Singapore as ally for Asian projects

FIs bracing to fund VSNL buyout: BS

16% excise on garments to fetch govt Rs 2 billion: BS

JPC on stocks scam set to meet

India, Malaysia sign trade pacts; agree to co-operate at WTO meet: Reuters

DoD to engage PR firm to handle VSNL sell-off exercise: BS

DRL poised for dominance in domestic, exports and R&D sectors

Satyam ADS to be priced at $9.35

Sebi bans carry forward from July 2

Bright Star hikes open offer for VST to Rs 118: Reuters

Banks allowed to fund films up to Rs 100 million: Reuters

Govt working towards 9% decadal growth: Sinha

Govt reimposes import permit for primary farm items

ICICI bonds -- nice buy, hard to find: Reuters

US slowdown not to hit exports, says Mahajan: Reuters

Maruti hike car prices, warranty period

Bajaj mulls sales channel split for 2, 3-wheelers: BS

Graphite plans Rs 480 million spread: BS

Over 1000 ten tola gold bars missing from private vaults: BS

Sebi pulls up UTI for crossing broker's limit: BS

Damanis sew up VST bid: BS

Sebi probe on UTI gives tech funds the jitters: BS

Brokers move to stop ARBL pref shares listing: BS

Premier ties up with Taiwan firm for MUVs: BS

JK Helene to phase out Tru Tone: BS

Banks ask HFCL for use of Packer funds: BS

BSNL, MTNL basic service bids rejected: BS

Govt mulls rise in ISP licence fee: BS

LIC eyes alliance with UK major: BS

Infosys to ride US slowdown: Reuters

RBI cuts CRR to 7.5% effective May 19

RBI lifts FII buying curb in ICICI Bank

Forex reserves at new high of $42.78 bn

Panel urges overhaul of SEBs' dues: Reuters

SBI Life tests scheme for VRS takers: BS

Shareholder seeks ouster of HDFC Bank MD: BS

Supreme Court stays Gujarat HC restraint on Essar Oil: BS

Auto-part firms rev up for level-playing field: BS

Cadila unveils anti-AIDS kit: BS

HLL, JK to battle it out for Helene Curtis brand: BS

Care India blamed for supplying GM food, action sought: BS

Govt increases depreciation rates for auto, textiles, shipping: BS

Sebi plans probe into Raymond buy-back timing: BS

DPC mounts pressure on lenders to terminate PPA: BS

Badla investors seek their billions back: BS

Crucial Democratic Front meet on Enron put off

Indian cement: turning corner but pitfalls ahead: Reuters

Indian consumer goods sales growth slows: Reuters

FIPB okays RPL's $1-billion ADR/GDR: BS

MUL scripts 4-point turnaround plan: BS

Industry leaders ask govt to pump prime economy: BS

PM discusses move to bar tainted firms from sell-off: BS

VSAT operators to pay 10 per cent revenue as annual licence fee: BS

IT Act to be made stringent to prevent hacking: BS

Enron, Indian panel to meet on May 23: Reuters

Narayana Murthy stresses taxing foreign firms

Unido asks India to speed up reforms

Industrial growth plummets to 1.3% in March

RBI sets terms for urban co-op banks' expansion: BS

2,167-hectare land to be used for housing purpose in Bombay

Banks' cash with RBI at Rs 2.7 trillion till May 8: Reuters

India rejects MTNL, VSNL fixed-line bids: Reuters

India revises Feb industry output growth to 2.8%: Reuters

Bank union opposes 49 per cent FDI in banks

Small investors' confidence in bourses a must: Sinha

Anti-dumping duty levied on China, EU, Korea, Indonesia

Emirates to pay Air-India for new flight rights

BILT affiliate buys Sinar Mas India: Reuters

Panel favours 50% waiver of surcharge on SEBs dues

RBI guidelines on banks' investment in stock markets

'Enron willing to renegotiate DPC deal'

Planetasia.com lays off 60 people

Sales tax on maida withdrawn, bread to be cheaper

Godbole to meet Enron representative on Friday

AXN adopts new programming strategy: BS

Nine Network sets new terms: BS

After gold, it's the turn of silver scam now: BS

LIC likely to offer insurance covers with new options: BS

ACC junks plan to sell 2 captive units to Tata Power: BS

IDBI asked to seek legal advice on lenders' letter: BS

India to get paid in palmoil for railway project in Malaysia: Reuters

Tax shortfall seen widening fiscal gap: Reuters

US rate cut could be fodder for Indian rate move: Reuters

FDI floodgates opened; pvt sector allowed in defence: BS

JPC reprieve for Sebi chief: BS

Sebi clears Telco rights issue: BS

UTI's new MIP may carry 8.5-9% interest: BS

Brokers chant 'time-to-invest' mantra, expand: BS

Mallya venture arm to fund IT firms: BS

Tata Infotech to be merged with TCS: BS

433 shareholders own 80 per cent of Infosys: BS

Tata to inject cash, lower Tetley debt: Reuters

Wockhardt, Maharashtra govt in hospital pact: Reuters

Wockhardt, Bayer to enlarge pact: Reuters

Private, foreign banks to gain from new FDI rules: Reuters

Infosys sees no quick revival in US demand: Reuters

All 6 bidders for VSNL shortlisted: Reuters

Govt, MSEB refute DPC allegations in arbitration notices

49% FDI in bank would include FII investments also

Govt mulls change in Banking Act, more powers for RBI

Experts differ on defence sector privatisation

Concrete action plan formulated for industrial revival: Sinha

Nedungadi Bank chairman sacked on RBI advice

Wockhardt Hospitals links with insurance firms: BS

Rephrasing tax exemption to exporters to cost govt Rs 5 bn: BS

IRDA Bill on policy-holder protection seen by June: BS

Advisory panel on international trade reconstituted: BS

HP, Intel announces strategic alliance

Morepen Lab files for three patents

ICICI Venture Fund to raise $125-140 million

India's port order a non-tariff barrier: Analysts

More ports can import vegetable oil: Ministry

Shorting game continues, despite Sebi ban: BS

PM tempers FM's resolve to quit for now: BS

Harshad-Videocon rigging role bared: BS

Balco to start production in five days

RBI retains some bids at state loan sale

Infy still believes in 'catch them young' policy: BS

Infosys for fixed-price, fixed-time projects: BS

Withdraw basic letters of intent: COAI

New formula likely on spectrum fee charges: BS

PM hints at hike in customs duty on farm products

Prodipto Ghosh appointed addl. secretary in PMO

Govt clears 28 FDI proposals worth Rs 2.26 billion

Sebi grappling with carry-forward issue: Reuters

India unlikely to meet deficit target: Analysts

Bandwidth capacity suffered 30% degradation

Kuoni's Indian arm mulls IPO

Public sector strike on May 18 called off

CII sets up Institute of Quality in Bangalore for benchmarking

Dabhol lenders willing to back PPA termination: BS

Enron moves executives' families out of India

Solicitor General to represent Centre on DPC renegotiation team

Centre awaits Maharashtra decision on Dabhol's future

Govt refuses escrow cover, hike in LC limit for Enron

Cabinet likely to review FDI limits: Reuters

Kartik gets bail, Ketan's custody extended

Bombay broker ends life over market collapse: Reuters

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

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