JK Corp kicks off restructuring, sells polyester wing to Reliance
J K Corp on Friday announced a major restructuring exercise which involves the sale of its polyester business to Reliance Industries for Rs 156 crore and transfer of the 2 million tpa cement production capacity.

AV Birla group ropes in ITC's Misra as management-centre director
A V Birla group chairman Kumar Mangalam Birla has roped in Saurabh Misra, the deputy chairman of ITC, as director of Birla Management Centre, the apex policy-making body of the Rs 20,000-crore group.

VSNL slashes Net access rates by 15%, dittos MTNL charges
The Videsh Sanchar Nigam (VSNL) board on Friday decided to slash Internet-access charges by 15% to bring them in line with those of arch rival Mahanagar Telephone Nigam (MTNL).

  Dabhol Power set to sew up $557m cross-border loan
  HC stays Reliance, Modicom bank guarantee encashment
  Air-India re-opens Los Angeles office
  Power from Dabhol to cost MSEB Rs 150cr monthly
  KPMG to merge Canadian practice with Arthur Andersen
  Dhanalakshmi Bank to reduce capital to solve issue impasse
  IOC to help Cochin Refineries set up maiden retail outlet
  Globsyn to start three centres in Calcutta
  Tisco unveils early separation scheme for unionised employees
  BoB takes over IBU International Finance
  Chennai court admits winding-up plea against DSQ Software
  Zee may send notice to Star Plus on Hindi programming
  Windsor ranked number one
  Briefing
  Briefing
  `Healthy' Kerala SEB may land deep in debt by next fiscal
  Hero Honda may clock 60% growth in PAT