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Wednesday, November 17, 1999
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Tatas re-classify group structure, whittle down 11 business areas to 7

The Tatas, as part of the on-going group restructuring, has broadly re-classified the diversified conglomerate into seven distinct business groups, trimming it from 11 earlier.

LML's Singhanias to buy out Piaggio for Rs 13.5 crore in joint venture

LML and Piaggio on Tuesday announced an amicable termination of their joint venture agreement.

States agree to uniform sales tax rates by Jan

All states and union territories will implement uniform floor rates of sales tax from January 1, 2000, and VAT from April 1, 2001.

NTPC to take over NHPC for Rs 4,000 crore

The state-owned National Thermal Power Corporation (NTPC) is all set to take over the National Hydroelectric Power Corporation (NHPC), another government undertaking, at a price of Rs 4,000 cr, said Union



Executive Briefings

bullet.jpg (687 bytes) RBI grants BoR capital adequacy ratio waiver

bullet.jpg (687 bytes) IDMA seeks balanced approach for amendment of Patent Rules

bullet.jpg (687 bytes) Organisations will become organic entities -- Kamath

bullet.jpg (687 bytes) Telco shortlists joint venture partners for 3 sub-assemblies

bullet.jpg (687 bytes) Ashok Leyland sales jump 53% in October

bullet.jpg (687 bytes) FIPB clears Info Enterprises plan to tag GE Caps, Walden & Callaghan as allies

bullet.jpg (687 bytes) American Express, Tata Finance float foreign exchange venture


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