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COMPANIES

  • Singapore Telecom to take equity worth $400m in Bharti Group
  • Asian Paints seeks RBI permission for tenth overseas project
  • Modi Rubber to have fewer nominee directors
  • Aircel close to reaching financial closure
  • Indian Oil draws up comprehensive plan for LNG sector
  • Wipro Net aims high with target of 1.5 lakh subscribers
  • Ashok Leyland realises benefits from cross-functional teams
  • Reliance plans major biotech foray with R&D unit in Mumbai
  • LML restructures to hive off IT division
  • Hyundai zooms ahead of competition, likely to breakeven this fiscal
  • Toyota plans to keep new model rush in 2001, 2002

GENERAL

  • Rupee versus the dollar, position still weak
  • Andersen Consulting to lose name on arbitrator’s orders
  • IDBI to stop funding capacity addition in steel

CAPITAL MARKET

PEOPLE

  • Jim Wadia resigns
  • Computer Associates promotes Sanjay Kumar
  • Athens stock exchange to get new head

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domain - B : Indian business : News Review : 8 August 2000 : index