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Tuesday, November 30, 1999

Satyam to acquire IndiaWorld for Rs 499 cr
In one of the largest deals in the Indian corporate sector, internet firm Satyam Infoway Ltd said on Monday it has bought a 24.5 per cent stake in IndiaWorld Communications Pvt Ltd for $28 million.

Infosys stock split disappoints investors
One month after Infosys Technologies Ltd denied any move for a stock split, the software blue-chip on Monday announced a two-for-one stock split but the ratio disappointed investors and its shares ended lower on the BSE.

Royal Bank too bid for NatWest
Royal Bank of Scotland on Monday launched an unsolicited 26.5 billion pound ($42.5 billion) bid for National Westminster Bank Plc, countering a raised offer from Bank of Scotland unveiled on Friday.


Hindu Mythology


  Maruti launches Baleno
  UTI to set NAV-based prices for 20 schemes
  Panel for weekly badla under rolling settlement
  Live Wire to launch ISP service
  Core sector growth 8.3 pc
  Funds shortage a hurdle for women
  Naik defends Gail share sale
  Stock Market



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