Corporate Results of over 2500 companies
Friday, September 1, 2000

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This week we focus on a complete analysis of the
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IndusInd Bank signs agreement with Financial Software for AT switches
Indusind Bank has signed an agreement with Financial Software and Systems (FSS) for acquisition of the BASE24-ATM Switch. The switch will also be offered as an ASP service to smaller private and co-operative banks.

PwC moots strengthening of Nedungadi Bank capital base
Price Waterhouse Coopers (PwC), mandated to chalk out a five-year business plan for The Nedungadi Bank, has recommended sweeping changes in the private sector bank.

AXA to make $10.4 bn offer for balance AXA Financial stake
AXA Group announced plans to sell one big US holding and is trying to acquire another. As part of a major restructuring of its US presence, AXA said it would make a $10.4 billion offer to acquire the remaining stake in AXA Financial, the former insurer Equitable Cos. that AXA gained control of in the early 1990s.


  Dotcoms cut ad rates in fight for survival
  Oil import bill to touch Rs 70,000 crore
  Centre eases FDI norms for SEZs, telecom sector
  Trai moots entry fee, networth norms for telecom operators
  Unhealthy byte -- PM skips Silicon Valley
  Executive briefing
  BoJ policy still loose after rate hike -- Governor
  ECB increases interest rates 25 bps, more hikes in offing
  Market round-up
  Wharton official conducts actuarial course
  Austerity drive cuts fiscal deficit to Rs 35,642 crin April-July
  Oman Oil sets September 15 deadlinefor equity participation in Bina project
  Cellular operators ask Centre not to auction 3G licences
  DoD favours privatisation of STC, MMTC; optimistic of CCD nod
  Peerless claims 75% staff response to voluntary retirement scheme
  Surplus PSUs mineral area to be opened up for pvt cos soon
  Increase credit guarantee fund to Rs 1,000 cr -- Phdcci
  Panel to suggest labour law changes in garment industry
  80 new slots for CCIT, 296 for CIT okayed
  Second tranche of JBIC aid for Delhi Metro
  Gopalpur port to operate this season
  New Mangalore Port looking for partners
  Eastern India shippers oppose freight hike

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