CMIE too sees 7 pc GDP growth
Indian economy is set to perform better in 2000-01 than the last fiscal as GDP is projected to expand by seven per cent compared to 6.4 per cent estimated for 1999-2000.



Creative Eye to relaunch IPO
Perhaps for the first time in recent history, a company has decided to relaunch its IPO. Creative Eye, whose book-building part closed on July 6 has decided to re-launch its IPO at a later date.



Panel for rationalising food subsidy
Expenditure Reforms Commission (ERC) has submitted its first report to the Finance Minister Yashwant Sinha suggesting rationalisation of food subsidy.



Other headlines
Indian cos to invest $ 5 bn in bandwidth
Govt invites bids for 74 pc stake in HTL
CRISIL net falls 34 pc to Rs 2.20 cr in Q1
NTPC plans 2000 MW LNG power plant
Max buys Healthscribe stake
DSQ to buy US firm for $ 30 mn
Uniphase to buy SDL for $41 bn
MTNL employees defer strike
Modis in freshtalks with FIs