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.

Rich promoters, IT firms park funds with MFs
The acquisition mania in the Indian corporate sector and a string of initial public offers from software companies is contributing to the burgeoning coffers of mutual funds.

LG plans to tap market
LG Electronics India has said that it would dilute its equity by 25% through an Initial Public Offering in 2001-02 and enter e-commerce segment next year.


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