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

Saturday, October 28, 2000

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Index

Agriculture
MSP fails to arrest fall in copra prices
IGC sees decline in wheat output
Plea to stop palm oil sales

Airlines
Ministry keen on AI flights to Frankfurt

Aquaculture
Workshop on bio-tech tools in shrimp management

Automobiles
Maini group ties up with Renault
Joint venture workers have joined strike: Maruti union

Banking and Finance
Janki Ballabh to head SBI
Good response to IMD scheme in UAE
SBI targets 40 pc rise in personal advances
Federal Bank plans to launch broking arm
Gilts market remains dull
Self-regulation for NBFCs: Back to square one

Commodities
Karnataka share in cashewnut exports declines to 5 pc
Dull trading continues in leather

Corporate
Hinduja Fin okays ESOP for ALIT
SPIC's NCD downgraded to default category
Adhesives unit sell-off for strategic reasons: Coates MD
Crisil downgrades Xerox Modi's NCD
Concor (SR) turnover may touch Rs 120 cr
Tatas defer final move on Total venture
Enhancement Tech plans 750 `seats'
Havell's executes Iraqi export order
Kitply sugar unit expansion over
UTI offloads entire stake in CUMI
Andersen Consulting to expand Indian operations

Courts
SC ruling on gift tax on retiring partner

Economy
Three big ticket items pull up export growth
Re-striking roots
Washington consensus -- II: Fallout of interest rate, trade policies

Editorial
Troubling data

Fast track
Crisil: Riding an uptrend

Financial Performance
Otis Q3 net down
Rallis suffers Rs 5.90-cr loss in Q2
Texmaco sales up in Q2
Tube Investments' turnover, net up
Compucom H1 net up 53 pc
KLG Systel Q3 net up 70 pc
Dhanalakshmi Bank net up 28 pc
LIC Housing net at Rs 27 cr

Food & Dairy Products
Aid for State co-ops to set up new business entities -- NDDB to set up auction market in Bangalore
Call for traditional dairy items

Foreign Trade
CII team to visit Latin America
UK Minister coming

Forex
Sans support, euro plumbs new lows
Rupee slide continues; falls to 46.74/75

Horticulture
Medicinal Plants Board to be formed soon

Impact
MRPL: Unlikely to enthuse
Crompton Greaves: Shedding flab, but...
GIPCO: Shutdown woes

Information Technology
RBI seeks purchase details in Hughes Tele.com
Silverline acquires SeraNova for $99m
Apara Design focus on storage solutions business
HYSEA to open offices in Tokyo, Singapore
Global Tele signs pact with Cisco
An IT quiz contest for `truly rural'
JobsAhead plans to tap US market
`Billing emerging as key e-proposition'
Bandwidth succumbs to Murphy's law
New VP for Amoeba telecom
IEC Softwares bags Rs 250-cr project
Equity market info soon from Credence

Infrastructure
FAO moots solar energy for rural uplift

Miscellaneous
Invocation to a Goddess

Mutual Funds
GW Capital set to launch venture fund
Franklin, Templeton MFs to synergise styles
JM Mutual plans to launch ethical fund
UTI to network 100 branches

Paper/Packaging
HC vacates stay on jute packaging

Petrochemicals
MRPL to export furnace oil to Singapore

Plantations
Fair demand at Kochi tea sale

Power

Standby charges -- Pay up or face cut-off, TEC tells BSES
BHEL loses in Chinese checkers

NTPC Ramagundam's green policy pays

Shipping
TN ports top Kochi in marine exports
Petronet LNG shipping deal -- Gesco drops SK Shipping-Samsung, joins hands with Exmar

States
Assam Govt warned against diverting Central funds meant for Tribal welfare
Chennai central excise Web site
Chattisgarh HC to be at Bilaspur

Stocks
New SEBI notification -- Foreign cos, individuals can invest via FIIs
SSI, Infosys, HCL Tech elude bear hug
Listless show continues
Online trading `slow' on the uptake

Taxation
Sanction for evasion
Dead tape
Empower the people
When is interest payable?
Kaun Banega Crorepati? -- For sure, it's I-T Dept
Customs yield short of target

Technical Analysis
Uptrend continues

Textiles
Cotton textiles exports may register 7 pc growth

Transport
`Leasing out counter-productive' -- TN asks Centre to clear Chennai airport upgrade

Travel & Places
Tourist entry fee hike upsets operators


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