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Friday, September 24, 1999
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This week we focus on a complete analysis of the bullet.jpg (687 bytes) Banking Industry
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Nicholas Piramal, US firm in advanced human trials for anti-cancer blockbuster

Nicholas Piramal, part of the Ajay Piramal group, is conducting advanced human trials on two new chemical entities (NCEs)--an anti-cancer drug (IM862 patented by Cytran of the US) and an anti-infective.

Godrej & Boyce to pick group firm's 22.5% holding in Sara Lee venture

Godrej & Boyce, which is the holding company of the Godrej group with expansive overseas operations, will generate the funds through its internal accruals, Godrej said.

DY&R to acquire stake in Everest

Dentsu Young & Rubicam (DY&R) of Japan is acquiring a marginal stake in the Mumbai-based Everest Integrated Communications for an undislcosed sum, with an option to go in for a controlling stake at a later stage.

Elections 99

Accent deluxe petrol model may sport Rs 7-lakh tag

Hyundai Motor India is expecting to clock a turnover of around Rs 1,500 crore and post a cash profit in fiscal 1999-2000, the first full year of its operation. Exports during the year are expected to be in the range of $9-10 million.

ICICI NYSE debut sparks off rally in GDR, local bourses

A few hours after making a grand debut on the NYSE, the ICICI ADS triggered a rally in the GDR market and the underlying stock on the domestic bourses.

Taiwan quake drives up local PC component prices by 20%

Though market observers say the upward trend in components' prices, mainly memory blocks and motherboards are being observed since August, the jump since Tuesday has been quite significant.

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Executive Briefings

bullet.jpg (687 bytes) Value Soft eyes US firm for takeover; mulls IPO

bullet.jpg (687 bytes) IBM to make personal computers locally

bullet.jpg (687 bytes) Auto industry shifts recovery gears as sales zoom in August

bullet.jpg (687 bytes) TI Cycles to hive off paints unit

bullet.jpg (687 bytes) ITC Hotels plans Rs 1,500cr investment

bullet.jpg (687 bytes) Alcoa weighs options to beef up presence

bullet.jpg (687 bytes) Aluminium firms mull price hike

bullet.jpg (687 bytes) Colgate market share up a shade, retains top slot


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