HDFC Bank, TimesBank swap ratio fixed at 1-5.75
In what could be termed as the millennium merger in Indian banking, the boards of TimesBank Ltd and HDFC Bank -- at separate meetings held in Mumbai on Friday -- approved a draft scheme for the amalgamation of the Bennett, Coleman & Company-promoted new generation private sector bank with its bigger compatriot.

Iisco JV with Russian co maybe finalised early next year
Union steel minister Dilip Ray has said the proposed joint venture between Indian Iron & Steel Co (Iisco), a subsidiary of the Steel Authority of India Ltd, and Russian company Tyazhpromexport is expected to be finalised early next year, according to SAIL sources.

Haryana to set up 4 panels to push economic growth
As a sequel to the new industrial policy, the Haryana government has initiated the process of setting up of an Economic Development Board under the chairmanship of chief minister Om Parkash Chautala.


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  Briefing
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  Executive Briefing
  Japan warns US may be out in cold at WTO
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  Local CP investors Y2K wary, stick to blue chips