Wednesday, December 6, 2000
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IT Update

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Corporates get jitters ahead of MSCI move on free-float

As Dec10, the day the MSCI indices are likely to be adjusted to account for free-float in stocks, approaches, the Indian corporate sector is in the grip of major fears as there is no clear indication on what foreign institutional investor holding limit the new weightages will be pegged to.

WTO sets up panel to examine India's auto policy

A World Trade Organisation panel has been set up to examine whether India's automobile policy `breaks' WTO rules and `distorts' international trade as contended by both the US and the European Commission.

PowerGen exit plans brighten as Bina project nears financial closure

Aditya Birla group- and PowerGen-promoted 578-mw Bina Power Project in Madhya Pradesh has tied up funds from financial institutions for the project.

Maharashtra wants Centre to declare Dabhol-II as mega power project

Maharashtra government and the MSEB has appealed to the Centre to declare Dabhol phase-II as mega power project.

Export growth likely to cross 18% target this fiscal -- Omar

India is likely to exceed the 18% export growth target fixed for the current fiscal, minister of state for commerce and industry Omar Abdullah indicated on Tuesday.

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Executive Briefings

bullet.jpg (687 bytes) HM plans to make Pajero in India soon

bullet.jpg (687 bytes) DPC to clear foreign equity hike for phase-II

bullet.jpg (687 bytes) Maruti cars likely to cost more


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