Saturday, March 20, 1999
Ford to launch new car in Nov
Ford India Ltd, a subsidiary of US auto giant Ford Motor Company, is planning to roll out its new car code named 'C-195' in the second week of November.
Sebi revises IPO norms, allows ESOP at discount
The Securities and Exchange Board of India (Sebi) has allowed companies to issue employee stock options (ESOP) at a discount to the market price, thereby meeting the long-standing demand of the infotech industry.
Swisscom pulls out of Essar JV
Essar will bring in new strategic partners in Sterling Cellular and Aircel Digilink following its joint venture partner Swisscom's decision to pull out of India. Swisscom made the announcement of its withdrawal from Malaysia and India in Berne, Switzerland on Friday while releasing its 1998 financial results.
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