SAB gets majority stake in Rochees
THE $4.2-billion South African Breweries (SAB) has acquired a controlling stake in Rajasthan-based Rochees Breweries Ltd.

Robust farm growth can reverse slowdown: Sinha
THE Finance Minister, Mr Yashwant Sinha, and Members of Parliament are of the view that a robust growth in agriculture was the key to reversing industrial slowdown.

Discounts, freebies boost CTV sales
THE fortunes of the colour television (CTV) segment seems to be getting back on the upswing with October CTV sales zooming to 6.2 lakh units, significantly higher than 4.38 lakh units in September. August CTV sales were at 4.6 lakh units.

Insider trading: Panel says Talaulicar did it
THE internal independent committee on insider trading, set up by Bombay House, has found one of its senior group directors, Mr J.E. Talaulicar, guilty of indulging in insider trading.

SEBI to consider capital adequacy norms for MFs
A suggestion by Mr Y.H.Malegam, member of the Securities and Exchange Board of India's (SEBI)'s Valuation Committee, to apply capital adequacy norms to mutual funds, has stirred a hornets' nest among fund mangers.

APERC rejects BPL, Transco PPA
IN a landmark order, the Andhra Pradesh Electricity Regulatory Commission (APERC) on Tuesday rejected the power purchase agreement (PPA) entered into by the Transmission Corporation of Andhra Pradesh (AP Transco) and the BPL Power Projects (A.P) Ltd with regard to the latter's 2 x 260 MW power project being set up at Ramagundam.

Bharat Puri to head Cadbury India
CADBURY India Ltd has announced the appointment of Mr Bharat Puri as Managing Director with effect from January 1, 2002. Mr Puri joined Cadbury India in 1998 as Director, Sales and Marketing, according to a company release.

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