The Indian Express The Financial Express Latest News Elections '98 Express Investment Week Market Indicators Screen Express Computers Travel & Tourism Advertisers Forum Information Technology Drumbeat: Ad Buzzaar Astrosurf Eco-India Career India Business Forum Match Maker Express Properties

Corporate Economy Expressions Markets Leisure 26 February 1998   Indal panel to study offer merits Indal has appointed an independent committee comprising non-executive directors to examine the merits of the open offer floated by Sterlite Industries for a minimum 20 per cent of its stake and recommend a line of action to the full Indal board, which meets on Thursday.   Regulator in favour of doing away with mandatory disclosure of ratings by firms The panel appointed by the Securities and Exchange Board of India (SEBI) to look into the regulation of credit rating agencies has abandoned its earlier stand that companies must mandatorily disclose all credit ratings received by them. Godrej HI Care sets up unit for exports of household insecticide products Godrej HI Care, the 49:51 joint venture between Godrej Soaps and Sara Lee of US, has set up an export division to undertake export of its household insecticide products to countries excluding the Gulf. Export activities have already been kicked off. Mobil Peevees, Kerala to sign BOT agreement The Mobil Peevees Co Ltd and the Kerala Government are expected to sign the build operate transfer (BOT) agreement for the Rs 300 crore LPG terminal at Beypore near Kozhikode soon.   Sedgwick Parekh in talks with Oriental to float insurance plan Sedgwick Parekh Health Management, a joint venture consultancy of the Pounds 960.3 million European consulting and insurance broking group, Sedgwick, is working on a unique corporate health insurance plan in alliance with The Oriental Insurance Company. SEBI not to play ball with Castrol on dematerialisation wrangle The Securities and Exchange Board of India (SEBI) is set to strike down Castrol India's decision to disallow partial dematerialisation of an investor's holdings.   CORPORATE Porsche keeps to record track in H1 Cheap finance aids Telco cut backyard ware ECONOMY Centre against electronic goods phased indeginisation Rupee value at 42 will be good for health of the economy: FIEO EXPRESSIONS Tongue-tied FIs Unlikely to work MARKETS Low liquidity plagues Trafalgar House Nifty inches up by 22 points LEISURE TV channels switch on better cost management Illiquidity could be good for you alt="Bottom banner spot" border="0">