The Hindu Business Line : Monday, May 26, 2003

Harshad's ACC shares may cause ripples — Buyback will trigger Takeover Code for Gujarat Ambuja
A BLOCK of shares, formerly owned by the deceased stockbroker Harshad Mehta and representing nearly 12 per cent equity capital of Associated Cement Companies (ACC), is likely to create unprecedented situations when put up for sale soon. The ... More

Onset of monsoon to be delayed
THE Bay of Bengal arm of the southwest monsoon has come to a grinding halt over the South Andamans after encountering a prevailing cyclonic circulation and subsequently losing steam, according to office of India Meteorological Department here. ... More

All regulatory exemptions to go — Co-op banks to come under RBI control
The decision is a follow-up of the recommendations of the JPC on the stock scam, which pointed out serious lacunae in the regulation of the co-operative banks. More

Is teledensity really a benchmark for services?
THE Department of Telecommunications (DoT) is happy over the fact that teledensity — telephone connections per 100 persons — has increased to 5 as on March 31, 2003, inching towards the average ruling in the developed ... More

It's time for multiplexes to go innovative
IT should not be a case of premature death. For, even as multiplexes and entertainment complexes are burgeoning across the country, the duds that Bollywood is consistently churning out, is by no means a catalyst to growth. Already, the industry ... More

HLL plans thrust to `heat-and-eat' brand
THE convenience ready-to-eat foods segment has always been a hit-and-miss case for the FMCG industry. Now Hindustan Lever Ltd (HLL) too is planning a fresh approach towards promoting one of its recent forays in this segment. Knorr Annapurna 4 ... More

Tata Sons, GE group to part ways in India
THE house of Tatas and the General Electric (GE) group have decided to part ways as far as their Indian operations are concerned. For this, Tata Sons, the holding company of the Tata group, has decided to exit from its only joint venture with ... More

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