IT Update
Government clears two-stage divestment in Maruti Udyog The government has decided to adopt a two-stage process to offload its equity in MUL. In the first stage, it will persuade SMC, government's equal partner in MUL, to bring out a rights issue in which financial institutions will invest in place of the government. Marathon Oil in race for Enron stake in oil fields The US-based energy major, Marathon Oil and Gas Company has emerged as one of the strong contenders for picking up Enron's 30% stake in the Mukta, Panna and Tapti oil and gas fields. Govt to hold veto powers in IA post-selloff The government will retain the right to approve board decisions even if it holds "any equity shares" in Indian Airlines, post-disinvestment. Mumbai firm makes open offer for VST Ind Close on the heels of the conclusion of the GESCO-takeover drama, yet another takeover episode is set to unfold in corporate India. Valentine's Day gifts for the jilted A dead rose by any other name... might be the perfect Valentine's Day gift for that special someone you can't stand.
Government clears two-stage divestment in Maruti Udyog
Marathon Oil in race for Enron stake in oil fields
Govt to hold veto powers in IA post-selloff
Mumbai firm makes open offer for VST Ind
Valentine's Day gifts for the jilted