Centre to divest 74 per cent stake in TSPL to strategic partner
BYNL, an undertaking of the ministry of heavy industries and public enterprises, has decided to rope in a strategic partner to offload up to 74% stake in its subsidiary TSPL.

Tata Engg records 11% rise in February sales
Tata Engineering has reported an 11% increase in vehicle sales in February 2001 as compared to January. According to the company, total vehicle sales stood at 15,597 units in February.

Varun Shipping confident of rights issue success
Varun Shipping Company is confident that its rights issue currently underway to acquire a new product tanker would sail through, despite the downward trend in the stock market and the 5% customs duty levied on the acquisition of new ships.


  Dabur seeks to add three new directors
  Orissa Textile Mill faces closure prospects
  Markets in a mess
  Planning panel puts mega chemical project on hold
  Ponni Sugars in BIFR net as SBI opposes recast plan
  Allied Domecq seeks nodto make rum from molasses
  Rabo Finance to advise Markfed on agri-business
  Cipla chairman dismisses Glaxo's piracy allegation
  Madras HC stays scheme on Limca
  SKF, Bertone unveil new concept car at Geneva Show
  Alfred Dunhill joins hands with Ravissant to open boutiques in India
  HLL effects 30% hike in payments for fresh managers
  Swatch to launch range for kids
  India will need 222 more aircraft by 2019, says Airbus forecast
  Airbus makes presentation to A-I
  Ranbaxy eyes acquisitions; aims $1 bn sales by 2004
  Briefing