The Hindu Business Line : Saturday, March 23, 2002

Dabhol lenders may recall loans
THE domestic lenders to the Dabhol power project are planning to recall their loans, a step prior to the sale of assets of the company, according to top industry sources. This would also mean that the present process of selecting a new ... More

Preferential placement for funds -- ITI in negotiation with BSNL
STATE-owned telecom equipment manufacturer ITI Ltd has approached Bharat Sanchar Nigam Ltd for large preference share placement on the lines of Mahanagar Telephone Nigam Ltd. Company sources said that negotiations were still on with BSNL for the ... More

Sinha hints at further rollback
THE Finance Minister, Mr Yashwant Sinha, has indicated that the demand for a rollback of the hike in postal rates and certain tax measures could be considered during the passage of the Finance Bill. Winding up the discussion on the Budget ... More

UTI seeks SEBI nod to roll over MEP 92
UNIT Trust of India (UTI) has sought the permission of the Securities and Exchange Board of India (SEBI) to roll over its Master Equity Plan 1992 (MEP92), which matures on March 31. UTI sources told Business Line that the fund had asked ... More

TotalFina in talks with Exxon to buy out LPG business
OIL major TotalFinaElf is in talks with Exxon Mobil for buying out the latter's LPG business in India. The deal is likely to be completed within a "couple of weeks", according to a TotalFinaElf official. "We are negotiating for buying out Exxon ... More

It'll be break-even for Pepsi under Bakshi
FOR Mr Rajeev Bakshi, the 44-year-old newly appointed Chairman of PepsiCo India, the task ahead is unlike that faced by any of his predecessors. In due course, he will drive the soft drinks major to break-even status ever since it began ... More

Lock-in goes for repatriation by NRIs, PIOs
IN yet another move aimed at providing non-resident Indians (NRIs) and persons of Indian origin (PIOs) greater flexibility, the Rerserve Bank of India has removed the lock-in period for repatriation of sale proceeds of immovable property ... More

English movie channels bask in Oscar glory
THE Oscar event this year may see Lagaan win the sweepstakes; but the English movie channels have already hit the jackpot. The four major English movie channels have made most of the opportunity and doled out a whole range of ... More