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Tuesday, November 30, 1999
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Satyam Infoway picks 24.5% stake in IndiaWorld for $28m

In what is perhaps the first deal of its kind in the Internet business in India, Satyam Infoway on Monday announced the acquisition of IndiaWorld Communications for $115 million.

Infosys unveils 2-1 stock split, scrip dives by Rs 380

Software bluechip Infosys Technologies has decided for a two-for-one split of its equity shares, but the markets gave a thumbs down as the ratio failed to meet expectations.

Maruti flags off Baleno with a Rs 6.74-lakh tag

Maruti Udyog on Monday launched its mid-size premium car Baleno with an introductory price tag of Rs 6.74 lakh, ex-showroom, in Delhi.

Murdoch eases Basu out of Star with new venture bait

Media baron Rupert Murdoch's News Corporation on Monday announced a new venture with Rathikant Basu, chairman of Star TV's Indian operations.

Jindal loses out as Deepak Shourie anchors Zee News

In a major restructuring of Zee Telefilms, Deepak Shourie has been given complete responsibility for all news-related products, including the main Zee News and regional channels.

Executive Briefings

bullet.jpg (687 bytes) Left stages walk out; Congress dithers on insurance bill

bullet.jpg (687 bytes) Total weighs plan to bid for BPCL, HPCL

bullet.jpg (687 bytes) AI told to pay Rs 90cr damages to Carbijet for contract violation

bullet.jpg (687 bytes) Core sectors post 8.3%growth in April-October

bullet.jpg (687 bytes) Centre to unveil new drug policy in early 2000; mulls foreign investment in R&D

bullet.jpg (687 bytes) FI committee pitches for speedy completion of Essar Oil project

bullet.jpg (687 bytes) Varma committee likely to root for weekly badla settlements


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