ESOPs to come easy
THE Finance Ministry has decided not to impose stringent conditions in the guidelines for employees stock option plans (ESOPs) to be issued by it shortly.

Demutualisation process -- BSE reserves, surplus may be transferred to trust
THE Government is considering the option of transferring the reserves and surplus built up by the Bombay Stock Exchange (BSE) either to a trust or to the exchequer, during the process of demutualisation-cum-corporatisation.

Price wars in anti-smoking drugs?
PRICE wars are expected to erupt in the anti-smoking drug market with Indian companies gunning for it and in line with the latest price wars seen in the AIDS drugs market.

Rakesh Mohan panel for new Railway pension fund
THE Indian Railways, taking a cue from the Union Government, is estimating its pension liabilities over 15 years.

L&T seeks 51 pc stake in Vijaynagar power project
LARSEN and Toubro has sought a 51 per cent stake in the 500 MW Vijaynagar thermal power project. The project is being taken up as a joint venture with Karnataka Power Corporation Ltd (KPCL).

Fourth cellular licences -- DoT no to extend deadline for bids
THE Department of Telecommunications (DoT) has refused to extend the last date of submission of pre-qualification bids for the fourth cellular licences in the four metros and 17 circles, from June 29, as demanded by many of the ``prospective'' bidders.

Radioheads can go ga-ga over private FM from December
COME December, and it's going to be radio ga-ga, with private FM radio broadcasters planning to commence full-fledged operations.

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