BSES, Enron to vie for stake in power plants
BSES and Enron are the only two bidders left to pick up a stake in SAIL Power Supply Co that will be formed by hiving off SAIL's three captive power plants which have a total generating capacity of 542 mw.

Hyundai to roll out Euro-II compliant Santro, hike price
Even as Maruti Udyog is struggling to meet the Euro-I emission norms, Hyundai Motor India went a step ahead to announce delivery of Euro-II compliant Santro cars within this month.

Alcoa, Alcan, Hindalco eye majority in Balco
Multinationals Alcoa of the US, Canadian major Alcan and Aditya Birla group major Hindalco are among the seven companies to have evinced interest in picking up the Government's 51% stake in public sector major Bharat Aluminium Co (Balco).

  Crisil net up by 26%
  Graviera targets Rs 230 crore turnover in 1999-2000
  STC to continue natural rubber procurement -- Prabhu
  Sidbi to focus on micro credit for women
  Bachchan case to come up before BIFR after mid-June
  Hero Honda's net profit likely to increase by 65% to Rs 120 cr
  IDBI, ABN-Amro in race for soya futures clearing membership
  Glaxo defers legal merger with Biddle Sawyer
  IDBI plans $200 m ECB in this fiscal
  HDFC Bank targets Rs 7,000 cr for 1999-2000
  Bajaj Tempo launches Tempo excel
  Cognizant Tech plans software centre in Bangalore
  Warstila to see even better days ahead
  Exxon argues against $5 billion verdict
  Svedala India postpones its investment plans
  Jumbo names Lodha auditors for all India operations
  Political flux puts SAIL's Rs 6,500cr recast plan under cloud
  Salora unveils seven new CTV models
  Imaje to set up Rs 2 cr marking system unit
  IDFC declares 215% rise in net, disbursements touch Rs 724 crore
  Joint venture with Australian firm to pivot distribution system revamp
  UAE central bank incurs losses
  SC ruling puts Bengal Paper bankers in a fix
  Honda Siel plans to expand product portfolio
  Oil majors equity swap to be in paperless mode
  Modi Xerox to be merged with Xerox Modi; to give open offer
  Sidbi in talks with foreign agencies to improve micro-credit delivery system
  VSNL to bring in $50m in Agrani only after other partners pay up
  Informix reorients strategy, to focus on e-business
  Corporate Briefing
  Otis offers temporary leave to workers
  IT Briefs
  Novell partners with Compaq for caching system
  CCEA approves Gail's Rs 333cr Gandhar LPG plant
  CWCL, Rlys in talks for pvt ICD freight rates
  Honda revs up for niche marketing of new range
  ONGC pushes down crude output
  HC hearing on MPEB writ on forex escalation today
  ONGC may not team up with foreign partner to hike output