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Thursday, March 18, 1999

Raasi's BV Raju rules out truce with India Cements' Srinivas
A long-drawn legal battle appears inevitable in l'affaire Vishnu with the Raju family head BV Raju ruling out any possibility of a rapprochement with arch rival N Srinivasan of Indian Cements.

HSBC upgrades `Hexagon' to real-time transaction mode
HSBC on Wednesday announced the upgradation of its electronic banking interface, `Hexagon', to a real-time transaction one and will now offer corporates the ability to operate their time-deposits likewise.

Goldman Sachs public offer at $40-50 range
Goldman Sachs, Wall Street's last big private investment bank, on Tuesday laid out plans to end its 130-year-old private partnership and become a public company through a $3.45 billion offering of common stock.


Inspirations furnishing fabrics


  Europe's largest mail order house to tap Indian textiles
  Akai teams up with Videocon to form venture for mass-market products
  Sahara spurns Bengal plea to take over Great Eastern
  PNB asset-liability management system takes off
  Other income comes to the rescue of Phillips Carbon
  BIFR gives Parasrampuria two months to draw up recast plan
  Credit Suisse reports `98 net profit of $2.1 bn despite Russia Losses
  Renault offers to pick up 35% in battered Nissan
  Accor thinks big, seeks to strengthen presence
  IL&FS moots Rs 900-crore investment for power supply in Navi Mumbai
  ONGC rig's cantilever portion retracted to allow access to well
  It's a Sony
  Cadbury rolls back price hike of Dairy Milk Chocolate
  J&J Acuvue's money-back scheme
  BPCL bid to associate lube brands with sports
  Will it be the rich man's Titan?
  UB Breweries plans to hike Kalyani unit's capacity
  Head-hunters beware
  Market-place briefing
  Maruti swerves past rivals in Feburuary sales surge on back
  Koshika plans another venture with Uptron in bid to spread telephony
  IBM to help Rajasthan set up school of business governance
  Apple offers some software code free to developers
  Voice over keyboard commands thrust area for HCL Infosystems
  In brief
  Akai to step into white-goods turf through its venture with Videocon



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