Airlines allowed to fly more passengers
THE Directorate-General of Civil Aviation (DGCA) is to be liberal in granting permission to international airlines to change the equipment that they are operating at present, in an effort to ensure that international air passenger are not denied seats du ring the forthcoming festival season.

WeP works 20 days a month
THE economic slowdown and consequent fall in IT investments has forced WeP Ltd (formerly Wipro ePeripherals) to cut production at its Mysore factory.

Meet okays HLL FII limit, bonus debenture
THE shareholders of Hindustan Lever Ltd (HLL) today approved an increase in the ceiling for equity holding by foreign institutional investors in the company to 49 per cent.

Kolkata's business spots on the block
IT'S a garage sale of the corporate kind. Top properties at Dalhousie, Kolkata's business district, are said to be on the block and several eager real estate hawks in the city are trying to get them.

Pruning at IBM Global
FOR the first time in India, IBM Global Services has laid off people. While the company refused to give out the exact number of employees affected, sources put it at anywhere between 50 and 100.

Sandvik AB makes open offer at Rs 850
SWEDISH high-tech engineering firm Sandvik AB is to make an open offer to acquire 10.70 per cent of its Indian subsidiary Sandvik Asia Ltd (SAL) at a price of Rs 850 per share.

IOC seeks review of pact with RPL
INDIAN Oil Corporation (IOC) officials on Wednesday met the Petroleum Minister, Mr Ram Naik, seeking a review of an earlier agreement under which it was to pick up the entire produce of controlled petroleum products from Reliance Petroleum Ltd from April 1, 2002, Ministry sources said.

Cartoon
``No, don't switch it on -- daddy wants to watch the TV peacefully!''

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