Centre must not tinker with Indian Airlines, Air India: SCOPE secretary
Management of corporations like Air India and Indian Airlines should best be left to the professionals to handle. It is not good for the corporates if the government interferes in the functioning of companies like it has done in the case of Air India (AI) and Indian Airlines (IA) merger controversy

Philips union picks holes in Salt Lake unit sale pact
The Philips Employees Union has alleged that Kitchen Appliances India Ltd, which has been nominated by Videocon International to buy the Salt Lake colour television (CTV) factory, does not have any mention of television business in its memorandum of association.

NTPC joins hands with ABB
In a bid to strengthen its image both on the national and international fronts, public sector National Thermal Power Corporation (NTPC) signed a memorandum of understanding with the Swedish conglomerate ABB recently for the formation of a joint venture for its renovation and modernisation programmes.

  Philips unions to urge Dhoots to forsake Salt Lake unit bid
  Citu, Philips union faceoff likely
  Ispat Telecom's $800m satellite project cleared
  VSNL hires eight transponders from Intelsat for analog services
  Komet sets up office in Bangalore
  Disbanded board members express their dismay
  Swedish firm, Microtech to form venture
  Aetna to buy Prudential unit for $1 billion
  Corporate Briefing
  Japan may put ailing Nippon Credit Bank under temporary state control
  Foreign investment board spikes Nichimen, Cabitel India plans
  UK firm to hike stake to 75% in Tudor India
  Hyundai to normalise Kia operations by 2003
  Parasrampuria hearing set for January 25
  Nikko to form venture with Salomon Smith
  Microsoft Office 2000 may offer registration template
  Kodak India may unfurl rent-a-camera scheme
  LG Indusutrial Systems merges two units as seeks foreign buy