Tuesday, February 22, 2000
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Hindustan Lever to opt for 1 -- 10 stock split

FMCG major Hindustan Lever Ltd (HLL) will consider a 1:10 stock-split of its equity shares on Wednesday when the company's board meets to take on record the annual results for the year ended December 31, 1999.

Zee Telefilms plans overseas float by September

Zee Telefilms is planning an overseas listing by the third quarter of the calendar year 2000 as part of its globalisation move. The company proposes to issue additional equity for this purpose.

RIL to go it alone in insurance, plans life, non-life entry

The Rs 30,000-crore Reliance Industries Ltd (RIL) has firmed up a multi-pronged strategy to storm the insurance sector by making forays into life, non-life and reinsurance segments.

Tax sops on IT export earnings may stay

The Government is likely to continue with income-tax exemption on profits derived from software exports and extend it to profits earned from research and development (R&D) exports in the budget.



Executive Briefings

bullet.jpg (687 bytes) Oil majors not to pick Centre's 40% in SCI

bullet.jpg (687 bytes) Corporate governance code notified

bullet.jpg (687 bytes) Inertia Industries to sell majority stake to European beer company

bullet.jpg (687 bytes) RBI to meet bankers tomorrow on IPO funding

bullet.jpg (687 bytes) CGU, Norwich merge to spawn insurance giant


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