IOC offers to take 26 pc in MHBPL
Indian Oil Corporation has offered to salvage the Rs 600 crore Mangalore-Hasan-Bangalore Pipeline Ltd by taking 26 per cent stake as Hindustan Petroleum is believed to be reluctant to take its share of equity.



Fertiliser sector awaits new policy
The uncertainty in the fertiliser sector continued even during the year 1999, as the industry was crying for a long-term policy to meet the new challenges emanating from the post-WTO era and attract fresh investment in the sector.



Y2K -- Enter the era of M&As
The group literally surrendered one of its jewels, ACC, to Gujarat Ambuja Cements. Besides, the Tatas sold the cement division of Tata Steel to French multinational LaFarge for Rs 550 crore.



Other headlines
Mock trading goes smoothly
GIC wants to enter banking
Inflation crosses 3 pc mark
Eventful year for power sector
Japan irons out computer glitch at nuclear plant
Bajaj scooter sales up 31 pc
Auto industry revs up
GM car that gives 80 miles a gallon
HSBC completes takeover of Republic NY Corp
No takers for China's sale of state shares
Bangladesh would gain by selling India gas -- WB
Business Inc Interview/Abhijit Bhaumik
Guest column
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