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Thursday, September 16, 1999

Network to provide software to SEs
Network Associates is talking to the SEBI and the NSE for providing the necessary software for starting internet trading on the bourses.

Ceat targets 14% growth
R P Goenka-owned Ceat Ltd has set a sales target of around Rs 1,400 crore for the current year while the profits of the company are expected to increase by 14% over last year.

US co buys stake in IDBI MF
The Principal Financial Group of the USA will acquire 50% equity stake in IDBI Mutual Fund.


Corporate Results


  Intel picks up stake in Ritechoice
  New co-branded card from Thomas Cook
  Sensex sheds 70 pts
  Hudco cuts loan rates
  SBI Caps warns BPCL from buying Essar Oil stake
  Govt notifies gold deposit scheme
  Award for Bajaj
  TCS, UGS may form venture
  Political worries grip markets



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