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Since 1st March, 1999
 
THE TELEGRAPH
 
 
Banks ready to walk the extra mile for IFCI, IDBI
A high-level meeting today decided to restructure debts owed by IFCI in order to bail out the ailing financial major. ...  | Read.. 
 
Sebi explains stay on open offer for L&T
The Securities and Exchange Board of India (Sebi) today tried to convince a tribunal why it had blocked Grasim’s offer for 2 ...  | Read.. 
 
Bharti for Nalco selloff through public issue
Coal and mines minister Uma Bharti today favoured public offering of equity shares as the route for divesting government sta ...  | Read.. 
 
India Inc takes fancy to M&As
Mergers and acquisitions seem to have fired the imagination of India Inc. A session on dealing with the aftermath of mer ...  | Read.. 
 
Easier power billing on cards
The Information Technology Task Force on power sector has suggested an integrated billing system for bulk and industrial ...  | Read.. 
 
Vora: Winning hearts
 
 
Mahajan offers telecom pep pill
Communications minister Pramod Mahajan chose the platform of the World Economic Forum to say today ..  | Read.. 
Moody’s likely to bring down domestic rating
Moody’s may have to lower India’s domestic rating because of the country’s rising fiscal deficit, e..  | Read.. 
 
Boost for hydro electricity
The government plans to give a thrust to hydropower generation during the Tenth Five Year Plan ..  | Read.. 
 
Suzuki among 41 investment plans cleared
Suzuki Motor Corporation’s proposal to set up an aluminium foundry in its Indian joint venture Maru..  | Read.. 
 
Debt recast to revive steel firms
The Credit Rating Information Services of India Ltd (Crisil) today said financial restructuring..  | Read.. 
 
Yamaha gears up to meet increase in demand
Yamaha Motor India plans to expand its manufacturing capacity by at least 40 per cent in order ..  | Read.. 
 
Bajaj to export bikes
The country's largest scooter-maker, Bajaj Auto, views exports as key to it’s profits. It ..  | Read.. 
 
Reliance set to expand polyester fibre capacity
Reliance Industries Ltd (RIL) is building a 40,0000-tonne plant at Hazira in Gujarat to expand ..  | Read.. 
 
Templeton unveils offshore fund
Franklin Templeton Mutual Fund has launched an overseas investment scheme called Franklin India..  | Read.. 
 
A-I restructuring on cards
In a major restructuring exercise, public carriers Air-India (A-I) and Indian Airlines (IA) have jo..  | Read.. 
 
Upgrade signal for Tata Power rating
Global credit rating agency Moody’s Investors Service has placed the Ba2 foreign currency debt ..  | Read.. 
 
No inspection of Tata Finance
No inspection or checking of Tata Finance’s accounts has been ordered by the government, the Rajya ..  | Read.. 
 
Kelkar draft
The Kelkar task force on direct and indirect taxes will submit revised reports to the Union finance..  | Read.. 
 
AROUND THE GLOBE
Foes try to foil WorldCom bid to make a comeback
WorldCom Inc’s arch rivals have set their sights on the fallen telecommunications giant, hoping..  | Read.. 
 
Bidding battle over Lyonnais
Shares of Credit Lyonnais soared on Monday as investors gambled that a bidding war over the ban..  | Read.. 
 
AOL, BSkyB in interactive TV alliance
AOL Time Warner and Rupert Murdoch’s BSkyB say they are joining forces to bring AOL’s online servic..  | Read.. 
 
Fiat puts restructure plan on backburner
Fiat has agreed to suspend a controversial restructuring plan designed to shed 8,100 jobs and save ..  | Read.. 
 
Telefonica, Philips pact takes Net to home HiFi
Spain’s number one telecom operator, Telefonica on Tuesday signed a deal with Europe’s biggest cons..  | Read.. 
 
CORPORATE BRIEFS
IFC to fund IT venture
Srei plan
Infocom 2002
Himalaya Drug
Bhel order
Karur Vysya
 
Bounced cheque penalty
Sebi panel
Nicholas plan
Karnataka Bank
Jet Air CEO