THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Saturday, April 29, 2000

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Index

Advertising & Marketing
BWPL allots Rs 120 cr for regional channels

E-tailing on new women's portal
Oyeindia to build on `community strength' -- Bid to revive `youth movement' in India
Zandu enters cosmetics with Nature's Marvel -- Plans new distribution channel for brand

Agriculture
Steep fall in AP groundnut production
Vanaspati makers seek compulsory licensing
Vietnam to join IPC
Need to focus on agri sector stressed

Automobiles
Why Rover deal makes sense for Tatas

Banking and Finance
`Talks on to allow RBI monitor FIs'
Transition into banking -- Basu heads panel on IFCI revamp
Debt management the weak link
More flexible financial system envisaged
Farm sector dip negates expansion in industry
Exim to become universal bank -- Net unchanged at Rs 165 cr

Cartoon

"Okay, I'll roll back the prices of capsicum and give you green chillies instead."

Cement

Lafarge to buy Raymond unit -- Rs 785-cr all-cash deal cemented

Chemicals
Provisional duty on Bisphenol-A from EU, Taiwan recommended

Corporate
Nalco registers 106 pc growth in net profit
SKF Bearings posts Rs 3.4-cr net in Q1
Bhagyanagar Metals net up 93 pc
Wellwin Industry net up 62 p c
NSE withdraws 39 cos from permitted list
Tata Income Fund offers more options
Valvoline Cummins plans own manufacturing unit
IDBI net profit down 25 pc
Top-level changes at Otis Elevator
Grasim net up 42 pc at Rs 233 cr
MTNL profit up 31 pc
Siemens H1 net at Rs 35.71 cr
ICICI net up 21%, to pay Rs 5.50 a share
CMC net profit jumps 76 pc
Exide net rises 23 pc; board recast

Courts
HC allows toll collection on Amaravathi bridge

Economy
`Bite the bullet and strike a balance'
`Flexible policies key to integrating old, new economies'
Stabilising real economy vs stock market
Sliding tax holiday for FTZ, STP & EOUs

Editorial
More room to move

Fast track
Sterlite Ind: Holding ground

Foreign Trade
`Scope to boost trade with Oman'
BIMST to work towards free trade pact
Lanka trade group for better use of FTA

Impact
Raymond: Raking in the cash
Ranbaxy: Moving into German territory
McDowell: Adding more presence

Information Technology
DST setting up tech business incubators
PSI Data's Q1 net, turnover up
IPFonline close to clinching bank deal
Compaq set to assemble iPAQ desktops in India
Bhagya Soft plans overseas buys
Shonkh Tech unveils ESOP
DSQ EGM approves pref allotment
IT briefs
Mantra Online ties up with Unimobile.com
IT briefs

Miscellaneous

CII study to rate States on competitiveness
Alfa Laval Q1 netat Rs 21.06 cr
For a more effective RBI
`Sinners' of Bengal, unite!
Insecurity of being an Indian
Good demand for sheep, goat nappa
BHEL turnover drops 1.2 pc
ICI net profit up at Rs 64.33 cr
Statistics award
The merry tipplers of Uganda

Shipping
Board clears IOC foray into LNG shipping with Gesco

States
Deltagram expanding in Kerala
Escotel offers service guarantee in Kerala
Bangalore mass rapid transit system -- UB group asked to cut cost estimates
Balaji Power achieves financial closure

Stocks
Debate on Mauritius FII issue sought
DSE bid to push institutional business
Downtrend in markets
LYONS RANGE
Market prescribes loss for pharma scrips

Taxation
Mindless workers
Lacking in appeal
Botched again

Technical Analysis
Bears under pressure

Telecommunications
Telecom Ministry may not favour hike in FDI cap

Transport
LIS scheme for IWT sector extended


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