RBI faces setback on Sikkim Bank amalgamation with Union Bank
The Reserve Bank of India (RBI) will be forced to reopen the beleaguered Sikkim Bank today as the scheme of amalgamation with the Union Bank of India lapsed yesterday.

Oil pool account deficit may touch Rs 1,200 cr
The oil pool account deficit is likely to touch Rs 1,200 crore by March 2000 with a $6 a barrel hike in crude oil prices.

Ruias may hold minority stake in Essar Power
Ruias plan to hold a minority stake instead of selling out 100% stake in Essar Power following strong objection by the Gujarat Electricity Board (GEB) to Marathon's agreement of selling power to Essar Steel at lower than grid rate.

CORPORATE
Maruti Udyog unveils four-pronged agenda to retain numero uno status
Voltas to reward its turnaround artistes

ECONOMY
Too many imponderables keep guessing game in check in TN
Without NTR, onus on Naidu to prove himself

EXPRESSIONS
Nothing but Nexus could propel this Software
Rolta -- A good long-term bet for bargain hunters

MARKETS
Badla rates flare up on CSE to 45 per cent
Open-ended funds ride on tax-breaks, pay dividends

LEISURE
Grasim charts out strategy to foray into readymade garments sector
San to `Storm' into market with sports car