Exide does a first, declares interim payout for 2000-01
The new financial year is barely five days old but Exide Industries has set a trend by declaring an interim dividend.

Coca-Cola to write down $400 million of local investment
The Atlanta-based soft drinks giant Coca-Cola company on Wednesday announced about $400 million write down of assets in local operations, 50% of its total $800 million investment in the country to date.

Tata Honeywell, Group4 Securitas join hands to float security solutions venture
Tata Honeywell has signed a memorandum of understanding (MoU) with Group4 Securitas, a global security company to offer total security solutions in the country.


  M&M set to replace Armada with Euro II compliant Bolero
  Voltas plans to hike output of airconditioners, water-coolers
  Daewoo Motor rolls out deluxe version of Nexia
  Apollo Hospitals signs pact with IOC for pharma stores
  Arambagh Hatcheries automated plant to kick off production
  Somany Tiles to form venture with Italy's Leonardo Ceramica
  Briefing
  The Index
  Petronet LNG asked to insist on tech clause for transportation deal
  Siemens bags Rs 820cr PowerGrid contract for transmission
  Bokaro Steel set to make profit in 2000-01
  RSP reports Rs 30cr operating profit in March
  MRL asks Centre to retain 10% post-selloff to IOC