Monday, November 13, 2000
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IT Update

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Lock-in clause likely for creeping acquisitions over 5 per cent limit

The SEBI constituted PN Bhagwati committee on takeovers, which meets for a crucial two-day sitting on Monday, will discuss the issue of introducing a lock-in element for creeping acquisitions by promoters, if they cross the 5% per year mark.

Indian Re-Insurer eyes Rs 4,000cr premium

The newborn Indian Re-Insurer, which will be the official body for undertaking reinsurance business in the country, is targetting an annual premium of over Rs 4,000 crore from both domestic life and non-life sectors during 2000-2001.

Preferences of Indian woman to add buoyancy to demand for organised retailing

The Indian woman has arrived in the market place. With India on the threshold of a retail revolution, it will be its women who will drive demand for consumer products.

Centre may divest stake in A-I, IA to same bidder

The Central government is open to the prospect of disinvestment in both Air India and Indian Airlines to the same bidder.

RIL-BSES, ACC cases prompt closer look at FIs' role

The BSES Ltd case, where there has clearly been an activist role played by financial institutions in allowing the Reliance group to have nominees on the board.

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Executive Briefings

bullet.jpg (687 bytes) Videocon increases stake in Necci Compressor to 84%

bullet.jpg (687 bytes) IOC mulls taking over Enron's liquid fuel facilities in Dabhol

bullet.jpg (687 bytes) Inflation moves up to 6.92%

bullet.jpg (687 bytes) Indian Bank to implement VRS from November 27

bullet.jpg (687 bytes) PM's task force to meet to take stock of economic slowdown

bullet.jpg (687 bytes) Sicom to form JV with ATD to develop Tarapore Aquarium


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