The Hindu Business Line : Wednesday, September 18, 2002

US `dictates' India on Coke divestment
The US Ambassador wrote: "I would like to bring to your attention, and seek your help in resolving, a potentially serious investment problem of some significance to both our countries. The case involves Coca-Cola, one of the largest single foreign in ves tors in India." More

Big fish defaults sink banks
A HANDFUL of big fishes in the troubled waters of non-performing assets (NPAs) of public sector banks have gobbled up big money. According to figures available with the Ministry of Finance, high-value defaults exceeding dues of Rs 5 crore each ... More

One PSU pays for deeds of another
ON September 11, Greece-based Foresight Shipping Co Ltd impounded Shipping Corporation of India (SCI) vessel m.v. Lok Rajeshwari at the Canadian port of Sorel. Ordinary event or big deal, one may say... but herein hangs an interesting tale of how ... More

VSNL dials wrong number for MEA dues
AFTER its post-disinvestment squabbles with the Department of Telecommunications (DoT), international long-distance operator Videsh Sanchar Nigam Ltd (VSNL) is caught in a minor flap with the Ministry of External Affairs (MEA). The company ... More

Grasim raises L&T stake to 14.15 pc
GRASIM Industries Ltd has further increased its holding in Larsen & Toubro Ltd to 14.15 per cent after it acquired 1.26 lakh shares amounting to 0.05 per cent stake. According to Grasim officials, the recent stake increase was done through ... More

Howzaat?... Hawk-Eye
SHOAIB Malik and Dion Ebrahim may not be very happy men at the current ICC Champions' Trophy. They were among the first in the hallowed history of cricket to be given out leg-before-wicket with the aid of the third umpire. The world might one ... More

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