Ashok Leyland eats into Telco share in H1
Commercial vehicles major Telco has conceded its market share to Ashok Leyland in the first half of the current financial year owing to a price disadvantage sparked off by higher-priced Cummins engines recently-fitted in its trucks, Tata group chairman Ratan Tata told a group of financial analysts.

Politics takes centrestage as market heads towards a two-year low of 2,745 pts
The selloff triggered by the political uncertainty has yet again taken its toll on the Sensex which lost close to 220 points in the past six trading days to 2783 points on Friday.

Lupin Laboratories plans to acquire non-cephalosoporins unit in America
The Rs 695-crore Lupin Laboratories is in talks to acquire a non-cephalosporins facility or company in the US as part of its global growth strategy. The deal, if concluded, will mark Lupin's second major buy-out in the $80-billion American market in less than a year.

CORPORATE
Piqued Bank of Baroda throws down gauntlet, contests S&P outlook revision
Indian Oil ventures with Reliance, Essar may lay product pipelines

ECONOMY
Anti-dumping duties on hot-rolled coils notified
Centre debt may overshoot target, says PNB Gilts

EXPRESSIONS
Merged Exxon, Mobil may dominate Asia
How to minimise your losses through "hedging"

MARKETS
Sensex may hover around 3,300 points by March '99
Stock market look vulnerable to selling pressure

LEISURE
Indonesia woos Europe to grind its cocoa
Godrej-GE CFC phase-out plan to be complete by 1999