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05 February 1998
  Knitwear designers much in demand
Gone are the days when knits were synonymous with sweaters and other woollen wear. The changing fashion scenario, which emphasises on "comfort with style", has given a big push to the knitwear industry. From cotton tops and trendy T-shirts to lycra swim wear and stretchy dresses -- garments made of knitted fabrics are fast catching on. And catering to the needs of this rapidly growing industry are the knitwear designers.
  Credit card provides protection against shoddy service
If you use a credit card to buy goods that prove faulty, the law entitles you to claim against the card issuer as well as the retailer or supplier (although you are not entitled to be paid twice over for a given loss). Moreover, the claim can cover distress and loss of enjoyment as well as the value of the item purchased.

TMI Network unveils maiden online infotech careers magazine
The country's first on-line information-technology (IT) careers "web-magazine " was launched in Mumbai yesterday. The magazine is a joint venture between India's premier web designers and TMI Network, the leading recruitment and advertising specialists. The magazine accessible at the http://www.Winjobs.Com site is dedicated to the resident-Indian software professionals.
Smaller works fetch higher average price per sq cm
The price of an artist's work evolves over time. It really comes into its own after an artist has lived and worked for a number of years. The market demands three things of him: a significance in the art tradition of a country or the world; a sufficient body of work; and an originality that visibly marks out the work of a particular artist from the others.


LIC

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SEBI bans Hoffland's portfolio management activities
The Securities and Exchange Board of India (SEBI) has withdrawn the permission granted to Hoffland Finance for undertaking portfolio management activities. Sebi has also directed the company to hand over its existing portfolio to their respective clients within 15 days of the receipt of the order.

Kanthal India scrip spurts 14 % on open offer by promoter
For Kanthal India (KIL) shareholders it could be a bonanza from the Swedish-based promoter Kanthal AB. The foreign promoter is making an open offer to KIL's shareholders for picking up 8.33 lakh equity shares at a price of Rs 32 (a premium of approximately 45% in comparison to the current market price). Buoyed by this public offer, Kanthal India counter has shot into the limelight on the Mumbai Stock Exchange (BSE) with the scrip zooming by almost 14% to Rs 22.1 on February 4.

 


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