THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Thursday, September 20, 2001

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Page One

Judicial probe into all aspects of Enron deal
THE Maharashtra Government today ordered a judicial probe into all aspects of the controversial Enron's Dabhol power project.

Nestle: Block deals on Black Monday
SEPTEMBER 17 was ``black Monday" for the stock markets, but for the fast-moving consumer goods major, Nestle India Ltd, it was a different day with the price and volumes moving up.

Development banks' credit profile under strain: S&P
INTERNATIONAL rating agency, Standard & Poor's, has rung alarm bells that India's development banks are ``under pressure as they move toward universal banking'' while it has affirmed `BB' long term and `B' short term credit rating on all-India developmen t financial institutions (DFI) with negative outlook.

Daewoo's engine plant closed
DAEWOO Motors India Ltd (DMIL) today formally announced the closing of its engine and transmission plant at Surajpur, which has been lying idle since October last, forcing it to scout for a buyer.

Nimda -- a terror, any which way
A NEW virus hit Internet and computer systems across the world on Wednesday. First reports indicate that it could be more damaging and costlier than the Code Red worm, and for most Indians, the SirCam virus.


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