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

Tuesday, April 10, 2001

• AGRI-BUSINESS
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Index

Agriculture
Cotton lint prices firm
Agri-concerns

Banking and Finance
Banks to shell out Rs 7,490 cr on VRS
Banks contribute 53.2 pc of total deposits
Banking ethics

Breweries
Yet another split in Shaw Wallace union

Corporate
TTK Prestige coopts independent director
Indian Seamless in supply pact with Invensys
Cosmo Films to expand capacity
`Ind AA+' for Reliance Petro NCD programme
Surana Tele board okays 3:2 bonus

Courts
HC ruling reversed in Municipal levy dispute

Economy
IMF to review `conditionality' norms
WTO: Services, the key for India

Editorial
Protecting banks from market hits

Environment
Search for cleaner fuels: CNG or LPG?

Fast track
Pharma cos: Right formulations

Financial Performance

Varun Shipping net up 81 pc
DCI turnover up 27% at Rs 421-cr
Aztec net profit rises 390 pc

Foreign Trade

`Frequent dumping probes curbing trade with China'
IIFT to launch courses in Tanzania, Mauritius

Impact
Jayshree Tea: Buyback with limits
Pentamedia Graphics: Deal hanging fire

Information Technology
Digital deluge
Huawei bags $4.87-m order
Online Media plans preferential offer
Subex office in Johannesburg
Softwrap, Jasubhai Interactive in pact
Nalanda group forays into IT
New President for Sify division
Satyam senior-level appointment
Jumpstartup pins hopes on tech space
MobiApps opens Indian centre
`IT cos can gain access to Europe from France'
Wilco International buyes TCA Synergo
Software cos' response to US slowdown mature -- `Recruitment more selective now'
IBM plans $200-m Linux investment

Insurance
NTPC takes megarisk insurance cover -- Total value likely to be over Rs 20,000 crore

Miscellaneous
Artistic strokes at IIMC
Ayurveda floors Sumo wrestler
Crouching poachers, training cops

A transparent Goddess of wealth

PSU
SC transfers writ petitions on Balco sell-off to itself
Govt hopeful of SC clearance for Balco divestment

Petroleum

IOC sales turnover crosses Rs 1,00,000 cr

Pharmaceuticals
Development of AIDS vaccine -- Chiron Corp in talks with four Indian cos

Policy
SCOPE offers to aid divestment process
Nomenclature not to hit STC, MMTC divestment
Investor fund to begin operations by month-end
Tax holiday for core sector `not enough'
Shourie pulls up Balco critics -- Centre to convene CMs' meet on disinvestment

Politics
Pakistanisation of India?
Combating money power in US elections
Tehelka and parliamentary paralysis
The Sino-American conundrum

Power
Pinning blame on `motivated actions of State, Centre and MSEB' -- DPC slaps political force majeure
Govt to begin conciliation process
`Failed business model' for Dabhol
TNEB to unveil new wind energy policy soon

Shipping
Cargo handling by Kochi Port surpasses target tonnage
Troy Container Line announces direct service to Indian cities

States

AIF aims to raise $100 million
Panel mooted to study LNG terminal bottlenecks
Marketing tie-ups
`Technical hassle' stalls Dunbar Mills' takeover

Cos evince interest in Bengal wind farms

Steel
Steel freight ceiling scheme off -- Marks completion of decontrol process

Stocks
Lyons Range
Cement companies bask in limelight

Ketan remanded for 4 more days
Needed, regulatory reforms

Tea
Good demand for new season tea at Guwahati sale
Jan-Feb tea output dips

Technical Analysis
Marginal loss

Telecommunications
BSNL cellular tenders for South draw global majors

Tyres
Tyre exports up by 6.57% in Apr-Feb
Tyre body joins bandh against ST hike in Karnataka


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