HDFC Bank ties up with NSE.IT to unveil B2B payment gateway
HDFC Bank on Friday announced the launch of business-to-business (B2B) payment gateway for the capital market along with the National Stock Exchange.

Essar Steel losses slide 17% to Rs 581.24 crore
The losses of Essar Steel, the second largest steel producer in the private sector, have slumped further by 17 per cent to Rs 581.24 crore for the year ended March 31, 2000 as against Rs 496.45 crore in the previous year.

Softbank seals Nippon Credit deal
A group led by Internet investor Softbank Corp won final Government approval on Friday to take over failed Nippon Credit Bank (NCB), gaining a long-awaited entry into Japan's rigid banking sector.


  Briefing
  Korea says banks need 3.9 trln won provisions
  Japan's financial watchdog to get more powers
  Euro rallies to 10-day high against major currencies
  Market round-up
  Transaction value-based assessment system to come into operation today
  Concerned father makestransition to media pirate
  Unit Trust weighs options to hike US-64 dividend a shade
  EPF rate cut to 11 per cent
  GDP growth rate slides to 6.4% in '99-00
  Executive briefing