The Hindu Business Line : Saturday, February 09, 2002

Zuari-Chambal bids for Paradeep Phos
Most of the contenders appear to have quit the race for PPL despite an assurance from the Government that it will clean up the balance sheet of the company. More

`RBI buying dollars, not targeting any rupee level'
THE Reserve Bank of India has publicly admitted that it is buying dollars aggressively from the market. Dr Bimal Jalan, Governor, RBI, today told a gathering of information technology professionals at Nasscom 2002, that the RBI was buying ... More

Chhabrias to up overseas stake in Falcon
THE Dubai-based M.R.Chhabria group has decided to increase the overseas holding in Falcon Tyres Ltd to 100 per cent of the issued and paid-up equity capital of the company. The group currently holds around 78 per cent stake in it. Jumbo World ... More

17 UB beer brands to tickle TN -- Empee says no to buyout offer
THE Chennai-based Empee Group will pave the way for the launch of 17 beer brands belonging to the UB Group in Tamil Nadu shortly. Mr Philip Sargunar, Executive Director, Empee Distilleries Ltd, said the move would stem from his company's just ... More

Where is `Mark the shark?'
EVEN as Mumbaikars track with bemusement the vicissitudes of Enron Corporation, a question lurks at the back of their mind: Where is Ms Rebecca P. Mark, former Enron Director and head of the company's international gas and power operations, who ... More

Making the most of gold
Even as gold gained overseas as a trusted investment, the market here witnessed a rush to sell by the general public seeking to capitalise on the precious metal's high price. "There has been a huge selling pressure yesterday and today at the ... More

IOC signs pact for IBP
INDIAN Oil Corporation Ltd (IOC) on Friday signed the share purchase agreement for acquiring strategic control over IBP Co Ltd from the Government. The agreement was signed between IOC and IBP here in the presence of senior officials from the ... More

Tatas open offer for VSNL at Rs 202
THE Tata group today announced an open offer for 20 per cent of the equity share capital of Videsh Sanchar Nigam Ltd (VSNL) at Rs 202 per share. The offer follows the Tatas acquiring 25 per cent Government stake in VSNL through the bidding ... More

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