India Inc's October-December 2000 quarter -- IT sector gives a good start
IT is as expected. The information technology sector is propping up Corporate India, at least going by the earnings figure put out by the 240 companies so far in the October-December 2000 quarter. The sustainable earnings have grown 43 per cent compared to the corresponding quarter of 1999. A good start for India Inc.

Forex reserves rise $172 m
FOREX reserves have increased by $172 million to $40.353 billion for the week ended January 12, 2001 as compared to $40.181 billion in the previous week, according to the Weekly Statistical Supplement (WSS) released by the Reserve Bank of India.

UB to float new co, keep 41 pc stake
THE UB group has finalised plans to create a new alcoholic beverage entity through the merger of the Gurgaon-based Inertia Industries Ltd (IIL) with its existing beer subsidiary, Millennium Alcobev Ltd (MABL).

New standards coming for viewership ratings
INDIAN Broadcasting Foundation (IBF) has decided to come out with a set of uniform technical standards for calculating viewership ratings.

OTCEI evening session enthuses brokers
THE first day of evening trading on Over The Counter Exchange of India (OTCEI), which took off on Friday, has recorded a turnover of around Rs 70 lakh but the broking community is highly excited about the flood of opportunities thrown open by the availab ility of a legal trading platform during the `non-market' hours.

India to be Honda's major production base
HONDA plans to deploy India as a major manufacturing base for its engineering products for the world market, Mr Katsutoshi Hirose, Vice-President and Director (Manufacturing), Honda Motorcycle and Scooter India Private Ltd (HMSI), said.

EIH eyes global marketing pacts, outright buys
EIH Ltd, promoters of the Oberoi group of hotels in India and abroad, is pursuing both marketing tie-ups with international hotel chains and acquisitions within the country with equal vigour.

Overwhelming response to VRS offers by banks
THE response to the voluntary retirement schemes (VRS) of nationalised banks is exceeding original expectations.

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