Institutions win, stall ACC issue to Tatas
Financial institutions sealed the fate of The Associated Cement Companies' controversial preferential allotment to the Tatas on Thursday, forcing the cement major to drop the resolution at its extraordinary general meeting.

Ind Auto may snip diesel Uno price
Ind Auto, which manufactures the `Uno', reportedly plans to cut the price of the 1700cc diesel Uno (priced at Rs 4.18 lakh), with the launch of the diesel Indica (available at Rs 2.95 lakh).

BPL likely to offer 23 per cent stake to expatriates, overseas corporate bodies
The Bangalore-based consumer electronics and appliances major BPL Ltd is planning to allot up to 23 per cent stake to a group of non-resident Indians and overseas corporate bodies.

  World Briefing
  Sony unveils two digital camcorders for 8mm tapes
  Seoul big chip deal still faces tough issues
  Infosys eyes Rs 500-crore exports from Pune centre
  Cadbury unwraps Byte, hikes price
  KPIT Systems plans to set up arm in Dubai
  State Bank strikes 200 mn euros deals via overseas branches
  Banks reject SM Dyechem revival package, may seek change at helm
  Air-India's bid to cut cost yields rich dividends
  Maharashtra gifts Telco's Indica two-year tax waiver
  Vijaya Bank revises term-deposit rates
  ONGC to buy 10% each in Gail, IOC
  Foreign banks vie for NTPC euro bonds mandate
  Standard Chartered to recast operations
  Corporate Briefing