Exim mulls bank tie-ups for growth
EXIM Bank is mulling tie-ups with several regional commercial banks in an effort to provide exporters both working capital and term loans through a single window.

SEBI ruling on German Remedies open offer soon
THE Securities and Exchange Board of India (SEBI) is likely to issue a reasoned order on the German Remedies open offer case shortly. The capital markets regulator today heard the parties involved in the case.

BP Amoco asked to make open offer for Foseco
THE Securities and Exchange Board of India (SEBI) has directed BP Amoco Plc. to make an open offer for Foseco India Ltd (FIL), a subsidiary of Burma Castrol Plc., within 45 days.

ICICI Bank gets shareholder nod for FII ceiling
THE shareholders of ICICI Bank have approved a proposal to hike the bank's foreign equity holding up to 49 per cent of its paid-up capital. With today's approval at the annual general meeting (AGM) held at Vadodara, the bank will now seek RBI approval fo r the same.

Operators ready to wait for limited mobility
THE Madras High Court decision, ordering the Department of Telecommunications (DoT) to maintain status quo on the issue of limited mobility for four weeks, has not unduly worried the operators who had applied for the service.

Small is beautiful for Aquafina too
SMALL is where the action is, at least in the packaged water segment, with Aquafina, the water-brand from the Pepsi-stable, also entering the 500-ml segment last week.

Silverline integrates SeraNova Australia
SILVERLINE Technologies Ltd today announced that as part of the global integration of SeraNova into Silverline, it has completed the integration of SeraNova's Australian subsidiary.

Panel endorses VAT design
NEW DELHI: The Empowered Committee of the State Finance Ministers chaired by Dr Asim Dasgupta on Monday endorsed the Value Added Tax (VAT) design that is expected to be in place in all States from April 1, 2002.

It's schooltime folks
The first day of school is not a happy thing for every child. While mothers might heave a sigh of relief after a long, punishing summer holiday made worse by TV and video games, for most children it is drudgery all over again. Is plugging the ears a solu tion?

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