Corporate Results of over 2500 companies
Thursday, November 11, 1999
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IRDA chief warns foreign insurance firms against dodging 26% equity barrier

Insurance Regulatory Development Authority (IRDA) chairman N Rangachary has cautioned foreign insurance companies against any "financial re-engineering" to get round the 26 per cent foreign equity limit.

Cabinet clears Trade Marks bill

The Union Cabinet on Wednesday approved a proposal to repeal the Trade and Merchandise Marks Act and replace it with a new trade marks law.

IOC offers exclusive key petro-products supply to ONGC

Indian Oil Corporation (IOC) has offered to be the exclusive supplier of key petro-products to the Oil and Natural Gas Corporation (ONGC) once the oil sector is completely deregulated.

Reliance faces EC probe over dumping charges

India's largest private-sector company, Reliance Industries Ltd, along with a host of other companies, is facing two anti-subsidy and anti-dumping cases in Europe relating to certain polyethylene terepthalate or PET products.

HCL Tech pegs Rs 450-540 price band for IPO

HCL Technologies (HCLT) has put an indicative price band of Rs 450 to Rs 540 for its maiden public offering of 1.42 crore with a face value of Rs 4 per share.

Executive Briefings

bullet.jpg (687 bytes) IDBI likely to recall loans to Sanghi Polyester

bullet.jpg (687 bytes) Hughes Software likely to list around Rs 1,400 on bourses

bullet.jpg (687 bytes) Centre okays Volvo, Bharti plans

bullet.jpg (687 bytes) Mphasis targets $20m turnover; to offer e-business solutions for banks

bullet.jpg (687 bytes) Satyam, Detroit companyteam up for auto software

bullet.jpg (687 bytes) Mysore Acetate likely to land in BIFR sickbay

bullet.jpg (687 bytes) TCIL joins hands with USfirm to offer Net services

bullet.jpg (687 bytes) IBP seeks Centre approval for equity expansion via part-conversion of loans

bullet.jpg (687 bytes) Ministry asks IPPs to sew up funds before December 31


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