MUL team to finalise on new models in Japan
Within a day of truce between government and Suzuki, Maruti Udyog has decided to send a high-level team of directors to Japan to finalise introduction of new models in virtually all segments. The team is likely to leave for its all-important visit to Suzuki facilities in Japan soon.

RIL's hike in PSF prices puts blended-textile makers in a fix
Petrochemical major Reliance Industries' decision to increase polyester staple fibre (PSF) prices by seven per cent may lead to drastic production cuts by blended textile manufactureres who are reeling under an over-supply situation. Coupled with Reliance's strategy of large-scale pre-emptive capacity creation, the recent price hikes may deal a death blow to the smaller yarn manufacturers.

Indian Oil GDR issue not to include IPO
The centre's disinvestment in oil mega corporate, Indian Oil Corporation, will not tag along an initial public offer (IPO) of shares, as had been planned earlier. The global depository receipts (GDR) issue will only attempt to mop up Indian Oil's share of the Rs 5,000-crore disinvestment kitty fixed by the finance ministry.

CORPORATE
Maruti Union goes on the warpath
Maruti employees now fear the worst

ECONOMY
Plastic exporters irked over 8% special duty
Tea traders demand excise withdrawal, threaten strike

EXPRESSIONS
An indepth insight into patents
Finance Bill 1998: The key amendments

MARKETS
NSDL turns down BSE plea to demat vyaj badla shares in street name
SEBI to probe Cyberspace Info name change

LEISURE
No EEFC, if you're allowed an account abroad
Good teachers key to national pride