The Hindu Business Line : Tuesday, March 22, 2005

UB to buy 54 pc stake in Shaw Wallace for Rs 1,300 cr
IT may finally be time to pop the bubbly for the Bangalore-based alcoholic beverages company, the UB group. McDowell & Company Ltd, a group company, has inked an agreement with Jumbo World Holdings Ltd to acquire indirect control up to 54.54 per More

Jumbo set to exit India
A FEW weeks before his demise on April 6, 2002 Manu Chhabria told one of his liquor business allies in a late night meeting that he feared his businesses could go without effective management if he were to die. The man, who was once described ... More

M&M, Renault ink pact to produce Logan cars
FRENCH automobile major Renault hopes to increase its annual worldwide sales from 2.5 million cars to 4 million cars by 2010, according to the company Chairman, Mr Louis Schweitzer. Key to this scaling up is the Logan model, a right-hand drive ... More

Lok Sabha defers discussion on Patent Bill by a day
THE Lok Sabha on Monday deferred the discussion on the Patent (Amendment) Bill 2005 by a day, following stiff opposition from the NDA and the Left parties that are providing outside support to the UPA Government. The Bill was introduced in the ... More

Ministry to examine shareholding plan of Tata-Murdoch's DTH
THE proposed shareholding pattern and the management structure of Space TV, the 80:20 direct-to-home venture between Tata Sons and Rupert Murdoch's Network Digital Distribution Services (NDDS), is being examined by the Ministry of Company ... More

Rlys mulls bonus points for frequent travellers
WITH the airlines offering concession for domestic or international travelling, the Indian Railways is not the one to lag behind. To ward off increasing competition from airlines, Indian Railways is all set to come out with a frequent buyers' ... More

Bank strike today
THE United Forum of Bank Union, an umbrella organisation of four officers' unions and five workmen organisations, has called for an all-India strike on March 22, to oppose mergers and acquisitions of public sector banks as well as allowing up to ... More