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Since 1st March, 1999
 
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Grasim told to show L&T cards
The Securities and Exchange Board of India (Sebi) probe into Grasim Industries’ open offer for Larsen & Toubro (L&T) reveals that the Birlas did not spell out the way they will run the engineering major after buying it. ...  | Read.. 
 
ICICI Bank stays above country rating
Moody’s Investors Service has upgraded the long-term foreign currency bond rating of ICICI Bank to Baa3 (investment grade) f ...  | Read.. 
 
Bush rhetoric numbs sensex
US President George W Bush’s tough rhetoric over Iraq today pushed stock prices down for the fifth consecutive day with the ...  | Read.. 
 
Credit bonanza for rural industry in Atal’s purse
The Prime Minister is likely to announce a major credit package for rural industries through the rural employment generation ...  | Read.. 
 
Stoic silence on CII apology to Modi
Corporate India today erected a wall of silence around the craven apology that the Confederation of Indian Industry (CII) ma ...  | Read.. 
 
Birla: Question hour
 
 
Shell files for petrol pump licence
Royal Dutch Shell today applied for a licence to sell petrol and diesel from about 1,500 petrol sta..  | Read.. 
Tata Tea lightens burden of Tetley buy
Tata Tea has swapped the high-cost £ 171-million debt it raised to buy Tetley with a loan bigger in..  | Read.. 
 
KMG Infotech set to open Calcutta centre
KMG Infotech, the Indian subsidiary of the $ 10-million US-based Key Management Group (KMG), is..  | Read.. 
 
Contingency plan for crude ready
Petroleum minister Ram Naik said today that a contingency plan had been drawn up to pick up cru..  | Read.. 
 
Nestle posts 16% higher net profit
Nestle India, the local unit of the Switzerland-based FMCG major, has declared a 16.4 per cent ..  | Read.. 
 
AROUND THE GLOBE
Davis to don Rajat Gupta’s mantle at McKinsey helm
After a selection process that many likened to the election of a new pope, McKinsey & Co an..  | Read.. 
 
AOL Time Warner to hive off CD business
AOL Time Warner is in talks about selling the CD and DVD manufacturing business of its Warner M..  | Read.. 
 
Vivendi suffers $ 25-bn loss
Vivendi Universal reported on Thursday a record loss of more than $ 25 billion for 2002, largel..  | Read.. 
 
Merck in deal to take full control of Japan drug firm
US pharmaceutical giant Merck today said it has sealed a $ 1.5-billion deal paving the way for full..  | Read.. 
 
Microsoft issues first-ever dividend
Microsoft Corp is issuing its first dividend today, shelling out more than $ 850 million to shareho..  | Read.. 
 
CORPORATE BRIEFS
Bayer net up 62 % to Rs 23cr
Sahara plan
Mastek foray
Tata Steel
Citibank card
ABN Amro
 
HSBC adviser to Hind Petro
PF norms
Service tax Bill
Sebi plan
BT call centre