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April 7, 2001
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Morepen to phase out bulk drugs business: BS

US grants patents to medicinal use of kala jeera: BS

Titan plans increased spread via low-end launches, buyouts: BS

US slowdown to drag Silverline's Q4 net

Rajan Nair is new Silverline COO

Co-op banks to mull bailout strategy: Reuters

Low trade volumes to hit government revenues: BS

Sebi may split pool account: BS

Infotech jobs in US down 44 per cent: BS

Gitanjali Gems sues Chokshi for Rs 80 million fraud: BS

Insurance joint venture success key to Old Mutual's India plans: BS

Farmers must not pay power bills, says Sharad Joshi: BS

GTB will grow at 50 per cent, says Gelli: BS

Sebi bars Cyberspace from taking new business

Tele Shopping Network to shut shop

Jardine Fleming downgrades Infosys

UbiNetics to develop 3G wireless products in India

US payrolls fall sharply in March, jobless rate up: Reuters

Oil majors spurn Indian exploration round: Reuters

Stocks crisis: Value among the wreckage: Reuters

Asahi to buy out Tata, ACC stake in Floatglass: BS

Govt to delve deep into the stock scam: Sinha

Enraged CSE brokers form a forum

US slowdown a boon for Indian IT sector: CII

Fiat to invest $250 million for Palio facility

UB planning to consolidate breweries business

UB to buy full Associated Breweries pie in two years

Centurion may drop Rs 1.28 billion rights issue

IBP puts ATF business entry on backburner

Delay in DSP upgrade probe

DSP upgrade likely to be delayed

Forget used cars, Ford warns dealers

Balco staff stir may end soon

Corporates chary of floating banks

Bajoria to appeal against quashed plea in Sebi case

CMs to discuss RBI control on co-op banks

Probe into Gelli-Parekh links still on, says RBI

UTI, GTB chiefs trade charges

Foreign telecom majors may opt out of VSNL race

Ranbaxy firm sold 4.7% GTB stake to Nirma

Sharp fall in Indian bourse volumes a market worry

US lauds India's lifting of QRs

Only 12 big biz houses create wealth in '00-01

Cabinet panel to decide on Amitabh Kumar

Lenders of Dabhol Power to meet next week

UTI ups US-64 prices despite meltdown

Some lotuses bloomed, and some withered

Rourkela Steel MD and Vizag Steel ED suspended

No Shell, ONGC tie-up in Bombay High: Govt

Naik calls for foreign investment in oil sector

Madhavpura Bank chief remanded till April 9

CSE interim committee changes margin payment terms

UP ministers were behind Cyberspace's Joharis

DoT clears Bharti's applications for basic services

Paswan dismisses Congress' allegation of a 'Telecom Scam'

Govt to extend bid-period for VSNL privatisation

UB to sell 26% to strategic investor: BS

Ford to unveil Ikon successor at Expo 2002: BS

This is the era of knowledge workers, says TCS official: BS

Mastek pens blueprint for growth: BS

SHCIL lent Rs 980-mn stocks in 6 mths: BS

UTI reduces exposure in tech stocks to 19%: BS

CSE plans austerity drive: BS

Indian bourses 2nd-most speculative after Nasdaq: BS

Badla financiers lost Rs 5 bn in market crisis: BS

Khanduri is new Hinduja Finance Corp chief

Mediaturf to merge with media2india.net

Hallmark heroes to speak local languages soon

Satyam's Rusi Brij may take over as Aptech MD

'UTI Bank-GTB merger call-off was inevitable'

Sebi bars Ketan Parekh firms from taking new business

Scandal, strike stalls India's privatisation plans: Reuters

Tata Chemicals fire-hit unit normal by August: Reuters

Madhavpura Co-operative Bank chief Ramesh Parekh surrenders

Bharti buys BT's stakes in two group firms: Reuters

'Communications panel had questioned deals'

Cong charges Centre with Rs 130-bn telecom scam

Santro maintains lead over Zen in March

Onland Iran-India gas pipeline most viable, say analysts: Reuters

'Indian scandals a blessing in disguise': Reuters

RBI extends time for bad loan recovery: Reuters

DP transactions to be traced: BS

Badla trades down 80% at CSE: BS

CBI sees Ketan, HFCL nexus: BS

Sebi, I-T call for in-transit data: BS

Why should I quit? asks Mehta: BS

Offshore funds unfazed by stock market crisis: Reuters

Madhavpura Bank lent Rs 10 bn to brokers: Reuters

B P Verma suspended; 2 accused produced in court

RBI to meet fund needs of co-op banks: Reuters

RBI asks banks to tighten bullion trade norms: Reuters

CBI picks up Ketan's kin for questioning in pay-order scam

Bond of steel: Five companies plan alliance to push sales: BS

Two-wheeler firms sense Chinese threat in imports: BS

MoF may renegotiate DPC guarantee: BS

QR removal to bring down diamond prices: BS

Software Esop dream turns sour: BS

Mahindra to source engines from Renault: Reuters

Foreign life insurers to face big challenges in India: Reuters

Infosys expected to post 120% rise in bottomline

UTI chief rules out resignation

CBI allows BoI chief to go after questioning

VSNL likely to bid for 2-3 mobile circles

Co-op banks join hands to save Madhavpura: BS

Ex-SBI chief Basu to head CSE sub-committee: BS

Liquor imports to carry 150% basic duty: BS

Hercules' division sets up chemical plant in India

TCS plans largest-ever hiring binge: BS

Debt-GDP ratio up 2% during 1999-2000: Survey

Margins squeezed as IT clients drive hard bargains: BS

Castrol India to shut high cost plant: Reuters

Daewoo India car sales up 6.8%: Reuters

Hyundai India's car sales up 14.7%: Reuters

Debt funds lure investors as shares tumble: Reuters

Pharmacia, Bristol-Myers eye German Remedies: Reuters

India's fiscal deficit 86% of target by Feb: Reuters

RBI scraps CRR exemption for reporting holidays: Reuters

Visa Air, new domestic airline set to take off: Reuters

General Motor March sales up 39%: Reuters

Maruti March car sales flat at 37,940 units: Reuters

Sinha 'disgusted' with market scandals: Reuters

RBI promises liquidity support to co-op banks: BS

RBI deputy governors' tenure under cloud: BS

Govt to crack down on market crooks, says FM: BS

B P Verma hospitalised; one more arrested

India to have higher growth, lower inflation in 2001: ESCAP

Mehta may be replaced, interim Sebi chairman this week: BS

Additional DA slice for govt staff, pensioners

JPC probe into stock scam likely

3 banks cut gold trade with Gujarat coop banks

Honda City maintains lead over Lancer

Top customs official, 7 others remanded to JC on graft charge

CBI questions BoI official over stock scam

Reliance revamping textiles biz to cut costs, gear up for competition

HDFC to foray into non-life insurance by 2002: Reuters

Did RBI try to accommodate Parekh at midnight?: BS

Quivering bankers try to stem the rot: BS

Raid on CBEC chief stirs a hornet's nest: BS

Inflation falls to 6.5% for week ending March 17: BS

Tata Power scripts Rs 9.35 billion capex plan: BS

Rhone-Poulenc Rore, HMR merger by June: BS

Haw Par picks 60% in Elder Health venture: BS

Lupin-APP joint venture set to go on stream: BS

VST Industries backs ITC open offer: Reuters

Ministry of Finance asks Sebi to extend trading probe: Reuters

CBI searches homes of Madhavpura brass: BS

Bullion swindle part of the larger scam: BS

Dubai link of brokers being probed: BS

Bank of India discounted Rs 24-bn pay orders in 9 weeks: BS

RBI asks banks to disclose Parekh accounts: BS

RBI estimates Madhavpura damage at Rs 12 billion: BS

Bajaj Auto March scooter sales rise: Reuters

Losses mount at strike-hit Balco: Reuters

Reforms, changing fads fuel India hotel boom: Reuters

B P Verma, son, two others arrested

'CBI has 'explosive' tape on Verma talking to foreigner lady'

5-day police custody remand for B P Verma

Unit Trust of India denies insider trading: Reuters

No further financial counter-guarantee for power projects: Prabhu

Lifting of QR's will boost revenue inflows, says Maran: Reuters

Godrej to list consumer goods firm in June: Reuters

Tisco to pare staff by 3,000 this fiscal

Govt rules out SIL extension, alternate to DEPB on cards

Madhavpura bank depositors to take to streets: Reuters

Mid-Day makes dismal debut on BSE

Reliance to restructure textiles business

Exim policy lacks export promotion measures: DEA

CAG paints grim picture of AP govt's finances

CBI grills Verma's son and business associate

'Evidence of insider trading in GTB Scrip'

Market situation under control: PM

RBI lowers rates on deposits of finance firms: Reuters

Honda offers Siel 5 yrs to pick 5% in JV: BS

Feel-good Budget turns feel-bad: BS

Daewoo woos FIs for loan resetting: BS

Tax mop-up to fall short of target by Rs 45 billion: BS

Fiat's Palio launch seen before X'mas: BS

Co-op banks will have to go for one-time settlement of NPAs soon: BS

LDF plans major thrust in Kerala IT sector if elected

Tariffs, other barriers may counter import surge: BS

'Banks to lend credibility to pension operations': BS

Minority interest to be kept distinct: BS

Exim Policy dismantles QRs

Maran for lower rates to exporters: Reuters

India opens markets to global trade: Reuters

Highlights of the Exim Policy 2001-2002

India allows conditional used-car imports: Reuters

Export growth slowed to 10.46% in Feb: Reuters

Medium-term export strategy on anvil: Maran

Merry times ahead for booze lovers

Consumer goods' imports freed

Fresh import curbs on agri, food products imposed

Mixed reactions greet Exim Policy

India extends dollar scheme to jewellery exporters: Reuters

India routes HSD, petrol import via state firms: Reuters

FMCG firms primed for a QR lift: BS

CBI grills Parekh through the night

Ketan Parekh always let moeny do the talking: Reuters

KVP fund on backburner: BS

RBI asks BoI to explain pay order scam: BS

Ketan Parekh produced in court; Kartik Parekh arrested

HC tells Rathi to amend petition by April 4

Ketan Parekh, Pandya remanded to CBI custody till April 9

Caution! Steep fall ahead, warn brokerages

CBI raids on CBEC chairman, customs officials

SBI hit by cooperative bank troubles: Reuters

Cong wants JPC probe into market crash

IT raids on brokers yield Rs 4.7 billion

Rupee ends little changed at Rs 46.63/$

Tripartite meeting to solve Dunlop imbroglio likely

Ford rides into IT sector on FITSI

Dealers for more margins as costs rise: BS

SRF mulls DuPont payment options: BS

M&M to seek petrol engines from Renault for Scorpio : BS

Domino's Pizza mulls part pie sale to institutions: BS

Kirloskar Electric targets 20% share of genset market: BS

Private banks' capital market exposure falls by 30%: BS

NSE confident on April options kickoff: BS

Ericsson bucks the trend, to double manpower in India: BS

Coke loses fizz to Microsoft in brand-name stakes: Reuters

Britannia buys Kwality Biscuits trademarks: Reuters

TCS to chip in $1.3 mn for research in California Univ

BoI links pay order scam to Ketan Parekh: BS

Job cuts, salary squeeze hit IT sector: BS

ADR/GDR investors are better off: BS

CSE brokers bypass board, chart out reform course: BS

Centre urged not to honour DPC guarantee: BS

Value to be unlocked in BPCL: Reuters

India to end import curbs but industry seen safe: Reuters

IT firms plan to survive slowdown: BS

QRs to be imposed on 600 items: BS

SBI officers defy RBI diktat to work on April 1: BS

India Q3 GDP grows by 5.7% yr-on-yr: Reuters

Non-tariff barriers likely in India trade policy: Reuters

Bet, pass or fold? Indian fund manager views: Reuters

RBI clarifies norms on job cut expenses by banks: Reuters

World Bank gives $400 mn for quake-relief: Reuters

CBI arrests stock broker Ketan Parekh

Govt mulling inclusion of films in Concurrent List: Swaraj

Textile industry seeks level playing field: Reuters

ATF price decontrolled; to cost Rs 3 less per litre

Economy slows down in third quarter: Reuters

What to expect in Export-Import Policy 2001-02: Reuters

PNB may lose Rs 170 million on bank defaults: Reuters

Sinha justifies CBI move against Ketan Parekh

Sebi restrains Anand Rathi from trading

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