FIs eye Rs 120 a share for Modi Rubber stake
Financial institutions are looking at a price of at least Rs 120 per share for divestment of their 44% equity stake in Modi Rubber Ltd.

GE chief sets his departure date for April, 2001
John F Welch Jr, longtime chairman and chief executive of General Electric Co, disclosed he plans to step down after the company's annual meeting in April, 2001, a few months later than expected.

Max, Harvard Medical may set up separate entity for clinical research
The Analjit Singh-promoted Max India may set up a separate entity with alliance partner Harvard Medical International (HMI) of the US to cash in on ``clinical research opportunities.''


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