The Hindu Business Line : Tuesday, June 11, 2002

UB may exit Aventis Crop through Bayer open offer
THE United Breweries group may exercise the open offer option to exit Aventis CropScience, kicking off its divestment from non-core sectors. Bayer CropScience is making an open offer to acquire 32.92 per cent equity stake in Aventis ... More

AWARDS & HONOURS

Pollution control award for Akay Flavours

NEW PROJECTS

`Carlson plans not hit by Indo-Pak tensions'
THE current tensions between India and Pakistan have not affected the $31-billion hospitality major Carlson Hospitality's plans for India. "We take a long-term view of the opportunity which India has to offer and cannot start changing that view ... More

NLC to set up plant in Rajasthan
NEW DELHI: A memorandum of understanding (MoU) was signed between Neyveli Lignite Corporation (NLC), the Ministry of Mines and the Rajasthan Government on Monday to set up a lignite-based thermal power station at Barsinger in Bikaner ... More

ALLIANCES & JOINT VENTURES

ITC, Maple Leaf tie up for `pop-up' greeting cards
ITC's greetings cards business has entered into a strategic alliance with Maple Leaf, a leading pop-up card manufacturer. As part of this alliance, Maple Leaf will exclusively make pop-up cards for ITC, according to an ITC press release. ITC ... More

OUTLOOK

Fiscal levies straining finances -- Salem Steel looks to TN Govt for relief
WITH the divestment proposal from its parent company Steel Authority of India Ltd still hanging in balance, the public sector Salem Steel Plant (SSP) is looking worried as the recent levies from the Tamil Nadu Government have put further strain ... More

Bax Global hopeful of India growth despite border tensions
BAX Global India Ltd, airfreight forwarding, transportation and logistics specialist, is optimistic that the growing uncertainty in the markets due to the Indo-Pak tension will not affect its growth this year. The company, a subsidiary of the ... More

PEOPLE

Former ED of RBI joins TI board

Scoreboard
SE Diary

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IPSTA brokers strike work against online trading

Finance Ministry decision on EPF interest next week

SEBI gets powers for search, seizure -- Stiff penalty for offences

LIC to invest Rs 6,000 cr in equity markets this year

DoT, VSNL patch up -- Panel to decide on Tata Tele investment

Burgeoning forex reserves: Boon or bane?

Hepatitis B vaccination for infants takes off

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
Jun. 2-Jun. 8
Contract farming -- Rallis ties up with SBI; replaces ICICI Bank

Cos will be able to pay dividend to pref shares from capital -- Act change in wake of telecom row

`LML will ride again into glory days with mobikes'

Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure

`Funds no constraint for Grasim's expansion plans'