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Saturday, November 20, 1999
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SBI to hit market with Rs 4,000cr issue by Aug

The State Bank of India (SBI) is proposing to raise Rs 3,000 to Rs 4,000 crore by July-August next year from the capital market to maintain the capital adequacy ratio (CAR) at above 12%.

Cabinet clears two bills to protect IPRs

In the run-up to the Seattle round of negotiations at WTO, the Union Cabinet on Tuesday took a slew of decisions including introduction of geographical indication of goods (registration and protection) Bill and

Deposit scheme plans to mobilise 100 tonnes of gold

State Bank of India plans to mobilise deposits of 100 tonnes of gold in the first year itself through its Gold Deposit Scheme which was launched on Friday. This could save the country around Rs 5,000 crore of foreign exchange by way of lessening the need for gold imports.

Vodafone in record $128.5-billion hostile bid for Mannesmann AG

Mobile phone giant Vodafone-AirTouch Plc launched the world's largest hostile bid on Friday with a revised 124 billion euro ($128.5 billion) offer for its European partner, Mannesmann AG of Germany.

Fitch IBCA to pick 9.8 per cent stake in CARE

International rating agency Fitch IBCA, the third largest rating firm in the world, has decided to pick up 9.8% stake in the IDBI-promoted domestic rating agency Credit Analysis and research agency (CARE).

Seattle braces for protest in the time of trade

Seattle is preparing for battle. On November 30, ministers, bureaucrats, corporate big shots and lawyers from 134 countries will descend on Seattle to hammer out a new agenda on world trade.

Executive Briefings

bullet.jpg (687 bytes) Zee bids for 80 FM channels via 2 firms

bullet.jpg (687 bytes) CMS Energy plans mega foray into LNG distribution

bullet.jpg (687 bytes) Bata reopens Faridabad unit; sales likely to surge

bullet.jpg (687 bytes) Volkswagen to launch Octavia early next year

bullet.jpg (687 bytes) SAIL scours for ally to set up stainless steel-melting venture

bullet.jpg (687 bytes) M&M to retire Rs 75cr debt in current fiscal to cut costs

bullet.jpg (687 bytes) Taj International ties up with Bass Hotels

bullet.jpg (687 bytes) VSNL plans to list Net subsidiary on NYSE

bullet.jpg (687 bytes) MERC invites public views on MSEB's move to up rates

bullet.jpg (687 bytes) Gucci set to buy Sergio Rossi's 70% for $96m


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