Thursday, January 25, 2001
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IT Update

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UTI Bank, GTB to merge

The Unit Trust of India-controlled UTI Bank and the Hyderabad-based Global Trust Bank on Wednesday announced they were merging to create UTI Global Bank, which would then become the country's largest private sector bank.

Sebi cracks down on ALBM, BLESS

SEBI has decided to crack down on the ALBM and the BLESS and will finetune these two systems to reduce their inherent risks.

Shell may bid for Enron's India assets with Cairns

Dutch multinational Shell is exploring the possibility of jointly bidding for Enron's assets, valued at over $500 million, in India with Cairns Energy of the US.

Chinese dry cell batteries face anti-dumping duty

The commerce ministry has recommended imposition of provisional anti-dumping duty on import of dry cell batteries originating from China.

Wanted -- A Govinda double on the double

Govinda aala re! Here's a golden opportunity for film star Govinda look-alikes to cash in on their looks. In a bid to promote its forthcoming game show, Jeeto Chappar Phaad Ke, SET is in the process of rolling out aggressive ground promotions in select metros across the nation beginning today.

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Executive Briefings

bullet.jpg (687 bytes) Grasim Ind third quarter net surges 78% to Rs 90.5 crore

bullet.jpg (687 bytes) Sheth-Mahindra open offer oversubscribed


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