NHPC picks up gauntlet, maps counter-bid to buy out NTPC
The NTPC-NHPC saga has taken a sudden twist with the National Hydroelectric Power Corporation preparing a counter-offer to take over the National Thermal Power Corporation.

Pantaloon merges its garmentbusiness with group company
The Pantaloon group has merged its entire garment business with Pantaloon Industries Ltd after hiving it off from the flagship Pantaloon Retail (I) Ltd.

Sumeet plans to enter durables by mid 2000; eyes Rs 1000cr sales in 3 years
Sumeet Group is planning a foray into the consumer durables market with products such as colour televisions, refrigerators, microwave ovens and airconditioners by the middle to next year.


  India Cements adopts creative accounting to prop up profits
  Jet Airways may clock Rs 1,800cr turnover this fiscal, says Naresh Goyal
  Stroh uncorks bottled beer; targets 10% market share
  NGEF extends deadline for takeover bids
  LCC Infotech in pact with Onward Novell
  Bharat Heavy Plate bags Rs 34cr BPCL contract
  The Index
  Briefing
  SSI sets sights on three firms for acquisition
  Piramals to buy Lupin property for Rs 27.4 crore
  Nagarjuna group in talks to sell Cuddalore refinery stake
  Overseas Sanmar to merge with Nicco Uco Alliance
  Branson to seek nod for Virgin Atlantic's takeoff
  E Asia works towards a common market
  Microsoft sets sights on big Japanese cable TV operator
  Singapore Telecommunications likely to post flat earnings on drop in tariffs
  US approval clears way for Reckitt, Benckiser deal
  Coca-Cola loses bid to take over French company
  Solvent Holzmann firms up recast plan
  Daewoo group's woes will swell Korean banks' NPAs
  Mitsubishi motors records