Shipping industry hampered by new rule
Despite a boom in the global tanker market, the Indian shipping industry is being crippled by a norm which is detrimental to the interest of the Indian shippers planning to acquire second-hand ships.

Timex not to hike stake in Indian venture soon
Timex Watches BV of Netherlands has ruled out any immediate hike in its stake in the Indian venture from the present 71%, but said it was open to acquiring more equity in the future.

Bajaj Auto sales zoom 104% in 6 months, Hero Honda up 41%
Bajaj Auto Ltd has registered a 104% growth in motorcycle sales for the six months ended Sep 30, 2000. During the April-September period, BAL sold 2,02,315 units compared to 99,236 units in the corresponding period last year.


  Ajanta to license out 4 brands; KPMG to scout for partners
  Silverline acquires HK consultancy for $22m
  Moser Baer India plans green field project, expansion at Rs 1,000 crore
  The index
  Nilachal Ispat project in Orissa will finally get help as ID
  Japan carmakers set six-day week, swamped by demand
  Firestone CEO may be replaced
  Icra reaffirms DCM's PCD programme
  Import duties on polyester intermediates may be cut
  Binani to hive off zinc business into new subsidiary
  Price hike still under review
  ITC unveils site for global customers
  MSEB, Cipco reach agreement on escrow
  Briefing