The Indian Express -- Business

Friday, August 8 1997

FOREX RATES INDICES STOCK

HLL chief takes up issue with Centre

Hindustan Lever chairman K B Dadiseth met finance secretary Montek Singh Ahluwalia yesterday morning and appraised him of the company's position with regard to the notice slapped by the Securities and Exchange Board of India (SEBI) alledging insider trading.

VST seeks nod to hike BAT stake

Tobacco major VST Industries has sought the approval of Foreign Investment Promotion Board (FIPB) to increase the foreign equity stake held by two subsidiaries of BAT, UK from the present level of 31.73% to upto 50%.

Govt to redeem Rs 7,000 cr loan

The government of India has decided to repay the Rs 7,000 crore 13.50% Central government loan on September 1. This will be the largest redemption made by the government during the current financial year.

Foreign insurance firms to wait and watch

Bizbits -- Forward $ declines

Sensex loses another 76 pts

CSE names 3 defaulters

10% industrial growth in April

WB puts MMRDA project on hold

Morgan buys stake in Asian Paints

SCI JV may not come through

Pond's MD joins HLL board