The Hindu Business Line : Saturday, May 31, 2003

Maruti IPO floor price set at Rs 115 — It's a test case: Shourie
ROADSHOWS for Maruti Udyog Ltd's (MUL) IPO got under way here today with the Union Minister for Disinvestment, Mr Arun Shourie, reminding the assembled top brass of Suzuki Motor Corporation (SMC) and MUL that the public float is a `test ... More

Cable players get into the act, offer set-top box schemes
SOON after the Government brought down the Customs duty on set-top boxes (STBs), multi-system operators (MSOs) and cable operators have started offering various schemes to entice the consumer. Hinduja TMT's InCablenet has announced a scheme ... More

Return of bank capital: Govt now says no decision yet on pricing
BARELY two days after the Ministry of Finance had said that there was no plan to charge a premium on the capital returned by the listed public sector banks, the Government has put the entire issue under a haze once again. This time, the Finance ... More

`Exports' buzzword for pharma cos
Says an analyst from a domestic brokerage firm, ``This trend of companies relying more on exports, albeit, a long term one has started to accelerate now as sector after sector in the domestic market is experiencing overcrowding and shrinking margins. '' More

ICICI Bank to set up 65 new branches this year — To relocate unviable ones
ICICI Bank, the largest private sector bank in the country, will be more visible in the metropolitan cities. The bank has recently received 65 new branch licences for the year. "Most of the new branches will come up in the metropolitan cities, ... More

IDBI to buy Tata Homefin for Rs 50 cr
INDUSTRIAL Development Bank of India on Friday agreed to buy Tata Homefinance Ltd (THL), a wholly-owned subsidiary of Tata Finance Ltd (TFL), for Rs 50 crore which is par for the total equity capital of the home loan company. IDBI said its ... More

Incubators for young design talent
YOUNG design students will now have a new route to take their ideas from the classroom to the marketplace - a Design Business Incubator (DBI) that will enable a constant synergistic interaction between designers, technologists and market ... More

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