LS nod for IT Bill -- Task forces to deal with cyber crimes
THE Lok Sabha today approved the Information Technology Bill 2000, which accords legal recognition to ``electronic commerce'' transactions and prescribes stringent punishment for cyber crimes alongwith all the 34 official amendments moved on Monday by vo ice-vote.

Bajaj Auto net up 13 pc at Rs. 613 cr
BAJAJ Auto Ltd (BAL) has ended 1999-2000 with a 13.54 per cent rise in net profit to Rs. 613.73 crores from the Rs. 540.52 crores of previous fiscal.

Nasscom sees jump in e-com deals
INDIAN industry on Tuesday welcomed the passage of the Information Technology (IT) Bill in the Lok Sabha, saying that it would give a fillip to e-commerce transactions in the country.

Plantation cos told to close, pay up investors
THE Securities and Exchange Board of India (SEBI) has asked 605 collective investment schemes which have not registered with it, to wind up their operations and pay back their investors by May 28, 2000.

Hughes Tele plans Rs 750-cr IPO
HUGHES TELE.COM (earlier Hughes Ispat Ltd) will shortly make an initial public offer of Rs. 750 crores to fund its expansion plans for offering broadband telecom services in the Maharashtra telecom circle _ including Mumbai and Goa _ for which it is lice nsee.

Brand ambassadors or brand blushes?
FIRST, it was Hansie Cronje, and now, it is Leander Paes and Mahesh Bhupathi. For suitings brand J. Hampstead _ which used these sports personalities to endorse its brand _ it is becoming more than a case of once bitten twice shy.

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