Hutchison offers to pick 49% in Fascel
Hutchison Whampoa of Hong Kong has offered to pick up an equity stake of over 49% in Fascel, the Hindujas-promoted cellular venture in Gujarat, for an undisclosed price.

James Murdoch to head Star TV
James Murdoch was confirmed as head of News Corp Ltd's Asian satellite broadcaster Star TV on Thursday, in a move expected to be a major testing ground for Rupert Murdoch's youngest son.

GM sales down 3.8% in May
General Motors India Ltd (GMIL) has recorded a 3.8% decline in sales during May 2000 having sold 551 cars during the month as against 573 cars a month ago.


  Ministry flays IOC for backing out of FSO deal
  Maruti to unveil three new models
  Ford to roll out Ikon variant in July
  Hyundai to launch new models by 200
  Philips unleashes B2C blitz on website
  RPL weighs direct-retail option as venture with IOC hangs in balance
  Tata Honeywell net leaps 73.5% to Rs 19.28 cr
  HLL unfair to workers -- Union
  Glenmark ties up with Haller Group of Brazil
  Mahindra British Telecom net up 13% to Rs 63 cr
  The Index
  Daewoo sells 5,830 Matizs
  Honda City sales surge 24%
  Ford Ikon sales up 6.5% to 1,697 units
  Lower output sees Fiat sales decline 32%
  Canada slaps anti-dumping duties on plate imports from India, others
  India Cements, Panyam in marketing tie-up
  Briefing