The Hindu Business Line : Tuesday, February 19, 2002

DCA tightens norms on loans to directors
The quantum of loan, along with other loans taken if any, should not exceed 25 times of the gross salary drawn in the six months before the application. More

Zee to acquire 57% stake in ETC
ZEE Telefilms Ltd (ZTL) on Monday announced that it planned to acquire in two parts a 57-per cent equity stake in ETC Networks Ltd for a consideration of Rs 25 crore. Initially, it will acquire 48.4 per cent of the existing share capital of the ... More

Bharti scrip ends day one below par
THE Bharti Tele-Ventures scrip closed at Rs 44.15 on the BSE on Monday, its first day of trading, a little below its offer price of Rs 45 per share. The scrip, however, opened higher at Rs 50 per share, touching an intra-day high of Rs 55 and ... More

Gesco, Essar among 5 in race for SCI
GREAT Eastern Shipping Company Ltd (Gesco), Essar Shipping Ltd, the two big names in the domestic shipping industry, and Malaysian International Shipping Corporation Bhd (MISC) are among those who have submitted expressions of interest (EoIs) for ... More

Tatas say no to Daewoo plant
THE Tatas are said to have turned down an offer by Daewoo Motors India Ltd to buy the latter's defunct engine, transmission and axle plant. Daewoo, which makes the Cielo and Nexia sedans and the Matiz small car, has been attempting to sell this ... More

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