Saturday, December 25, 1999
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Centre sets up cabinet panel on information technology

The Government has formed a cabinet committee to speed up crucial decisions pertaining to information technology. The panel is headed by infotech minister Pramod Mahajan.

Nicholas Piramal acquires four brands form Eli Lilly, Ranbaxy

Nicholas Piramal has acquired three brands, Mucokef, Zidime and Keroxime from American multinational Eli Lilly & Company and one, an anti-viral, Lovir from the Delhi-based Ranbaxy Laboratories.

Indian Airlines plane hijacked; four shot dead

Four passengers have been shot dead by the unidentified hijackers of the ill-fated Indian Airlines--IC 814 en route to New Delhi from Kathmandu on Friday evening.

Cochin Refineries, Larsen & Toubro to float power venture next month

Cochin Refineries and Larsen & Toubro-PSEG of the US are all set to formalise their joint venture for power next month.

Banks, FIs to form corporate debt recast body

Indian banks and financial institutions are joining hands to set up a corporate debt restructuring body to help Indian Inc tide over the crisis triggered by the industrial downturn witnessed in the recent past and recover lenders' dues.

IT, media giants redefine e-conomy

The top three IT and media giants, Wipro, Infosys and Zee Telefilms, account for 7.5 per cent of India's GDP measured in terms of their market capitalisation.

Executive Briefings

bullet.jpg (687 bytes) Arbitrage money pulls down badla rates on BSE

bullet.jpg (687 bytes) ITC barred from meddling with Four Square Gold campaign

bullet.jpg (687 bytes) MTNL plans to kick off cellular service in Mumbai, Delhi by June

bullet.jpg (687 bytes) Centre asks Suzuki to transfer complete knowhow

bullet.jpg (687 bytes) Passenger car sales soar 53% in April-November

bullet.jpg (687 bytes) BPL Wireless kicks offe-mail service on pagers

bullet.jpg (687 bytes) Eicher rolls out 2 new upgraded tractors in south

bullet.jpg (687 bytes) Profit booking pulls Sensex down 94 points; infotech stocks tumble

bullet.jpg (687 bytes) Icra assigns LAAA rating to SAIL's Rs 500-cr bond issue

bullet.jpg (687 bytes) ANZ Grindlays Bank set to unveil fresh round of VRS

bullet.jpg (687 bytes) Patents act changes allow domestic inventors to apply for patents abroad


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