US-64 turns around, reserves up 2500%
UTI flagship scheme US-64 has shown a smart turnaround as it recorded more than 2500% in its reserves and surplus to Rs 3,492 crore during the year ended June 2000, up from Rs 130 crore in the last year, the trust revelead in its annual report released on Wednesday.



HCL Tech puts ADR issue on hold
The firm received approval from the Indian govt in late Nov to raise up to $500 million through ADRs. "But now, the issue is prevailing market conditions and the co is thinking that this is not an opportune time to go to the market," Vineet Nayyar, vice-chairman, told reporters.



No move to pass benefits to consumers -- Naik
Recent slide in the international crude oil prices has come as a big relief and will help in controlling the oil pool deficit, estimated to touch Rs 12,000 crore by the end of 2000-01.



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Mahindra British Telecom to file for IPO
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