ICICI lists on NYSE at 12% premium to ADS price
ICICI Ltd's American Depository Shares (ADSs) opened at a premium at $11 yesterday on the New York Stock Exchange, marking Indian corporates' first listing on the Big Board. The first traded price was 12% above the ADS price.

Zee Telefilms to offer 10 per cent to foreign partner
Zee Telefilms has decided to pursue a media acquisition and a 10% equity stake sale to a foreign strategic partner on preferential basis besides the proposed stock split into lower denominations.

MSEB set to initiate talks with BSES for 495 MW Palghar plan
The MSEB will soon initiate talks with BSES, the Mumbai-based power utility, for setting up 495 mw Palghar project.

CORPORATE
Mastek aims to achieve CMM Level 5 by 2000
Citil eyes $100m turnover by 2001

ECONOMY
OPEC meets to endorse tight oil supplies till April
IBA trying to back out from its offer -- Unions

EXPRESSIONS
Technology management is must for competitive advantage
Tapping business potential with knowledge management

MARKETS
Hopes of open offer in B&L prop up stock
BHEL scrip has a well-laid foundation

LEISURE
The virtual bandwagon for brands gets rolling
Junglee sequel -- At a site near you soon