Gail GDR fetches Rs 70 a share on low demand
The Gas Authority of India Limited's (Gail) global depository receipts (GDR) issue is being wound up at 155 million shares, out of the 170 million that hit the road on October 23.

Ikon, Accent to vie for honours in second round of mid-size car wars
It was in 1996 that the battle in the mid-size car segment began. The contenders then were the Opel Astra, the Daewoo Cielo, the Peugeot 309 and the Ford Escort.

Hotel majors gear up for millennium, woo corporates with spicy packages
With only a few days for the millenium clock to tick, hotel majors have started attracting corporates with a bevy of packages.


  SHCIL to sell Dundee mutual funds; offers facility to redeem units
  Parry's Confectionery gets a drubbing on first-half loss
  Germany's Dussmann plans acquisitions in services sector
  Corporate Briefing
  Seagram film unit losses to mount
  S Korea unveils pakcage to soothe markets rattled by Daewoo's woes
  Merck to lose top drug-maker title
  Daihatsu unveils Naked minicar
  Himatsingka Seide first-half net rises 37% Rs 18 cr
  SRF -- Tasting the fruits of restructuring
  FrontlineSoft forges pact with Canadian firm
  Bank of England raises UK rates to 5.5 pct
  Combine's local ranking to jump to number 4
  CNBC to go free for six months
  Warner-Lambert, AHP merge to form drug giant
  The Index
  Astha Power Corp sews up funds for Andhra Pradesh power plant
  HLL, Britannia shortlisted for Modern Foods
  Rajiv Vij to head Templeton in India
  DaimlerChrysler set to phase out Plymouth brand by 2001
  Performance-linked bonus is the order of Diwali
  Lakshmi Mills to pay 12% bonus
  National Panasonic eyes 5% of flat-television pie