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Sunday, August 8, 1999

Honda set to transform Indian scooter market
The two-wheeler industry is set to witness a major shake-out with the entry of Honda Motors of Japan with its 100 per cent owned subsidiary to make scooters in India.

C-DAC may offload 30% equity to FIs
The Centre for Development of Advanced Computing is planning to offload around 30-40% equity stake to financial institutions in its business unit which is being hived off into a subsidiary.

Wall Street dealers pouring money over new trading systems
Even Wall Street's biggest and savviest firms don't know where the future of stock trading may take them, they are hedging their bets by showering money over a variety of new trading systems.


Space available for lease at Express Towers

Corporate Results


  Bank frauds and related issues
  Smart-card based payment soon
  Japanese bank goes bust
  FCI to release more grains
  Bizbits
  Cement sales to rise by 12 pc
  ICICI not to raise steel exposure
  India to be Asia's No 3 IT force
  Telecom cos to give undertaking to HC
  Darjeeling tea industry facing tough times
  GM, Daimler plan airline venture
  Oil price breaches $20 level on supply curbs



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