VSNL dilly-dallies, puts off bid deadline for regional hub to August
The state-run Videsh Sanchar Nigam Ltd has extended the deadline for submission of revised bids for its planned $ 500-million regional hub till August 8.

Jindal Strips reworks debt structure in bid to lower its cost of funds
Jindal Strips, the OP Jindal-controlled stainless steel maker, has embarked on a debt-restructuring exercise to reduce its interest liability, which had zoomed past Rs 90 crore in 1997-98.

Unctad hails India's approach to liberalisation
United Nations Conference on Trade and Development (UNCTAD) is all praise for India for its guarded and cautious approach to liberalisation in the context of South Asian financial crisis.

  Executive Briefing
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  Corporate Briefing
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  SmithKline Beecham Pharma H1 net up 12% to Rs 15 crore
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  Zespri International unveils Kiwifruit
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  ICICI Bank net up 19% to Rs 17 crore in first quarter
  World Briefing
  Transparency International moves still opaque
  Microsoft reports 28 per cent increase in quarterly net
  Cadbury India net up 61% to Rs 10 crore
  Goodyear Q2 rises despite Asian crisis
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