The Hindu Business Line : Sunday, June 22, 2003

60 pc Maruti issue for retail investors — At Rs 125 per share Govt mops up Rs 993 cr from sell-off
THE Government has declared a cut-off price of Rs 125 for selling 7.94 crore shares of Rs 5 face value constituting 27.5 per cent of its equity in Maruti Udyog Ltd (MUL), mopping up Rs 993 crore. The Maruti issue would be the first disinvestment ... More

CCD to meet in July to ratify IPO
THE Cabinet Committee on Disinvestment (CCD) will meet after the Prime Minister, Mr A.B. Vajpayee, returned from his China visit to ratify the just concluded initial public offering (IPO) in Maruti Udyog Ltd (MUL) in which the Government sold ... More

Lessons from the success — Shourie for strong strategic partner
DESPITE the runaway success of the Maruti public issue, the Government said that it preferred the strategic sale route over the public offering mode for disinvestment of Government equity in PSUs. "That we should adopt the public offer route ... More

Zee to seek exemption from individual rates — 14-channel bouquet at Rs 55 per month
ZEE Telefilms is planning to ask the Government to exempt it from declaring individual rates in the "larger consumer interest" till a survey is mounted and the choice of the consumer is established in each service locality, according to the ... More

`Little choice for consumers'
`ARE they serious? Or is this some kind of a joke?' That was the reaction of one Mumbai-based multi-system operator (MSO) to the pricing of pay channels proposed by broadcasters. The list that was circulated by broadcasters on Wednesday ... More

4 in race for AP stake in Godavari Fertilisers
ONLY five companies out of the eight registered for taking part in the bid for the 25.88 per cent stake (82.80 lakh shares) of the Andhra Pradesh Government in Godavari Fertilisers and Chemicals Ltd (GFCL) have submitted their proposals. Out ... More

PSBs donning the marketing gear
ON the morning of March 13 last, Canara Bank's retail marketing team received an urgent request. About 30 employees of an auto-ancillary unit in Chennai wanted disbursement of their housing loans the same day in order to complete registrations ... More

Forex norm for DTA units extended
UNITS in domestic tariff areas (DTAs) can now purchase foreign exchange from authorised dealers to pay for the goods supplied to them by the units in special economic zones (SEZs). The Reserve Bank of India (RBI) has issued a circular to this ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line