The Hindu Business Line : Friday, February 08, 2002

UB set to soak South with latest buyout -- Snares GMR Vasavi, Empee
THIS is Mr Vijay Mallya's biggest-ever strike on small brewers. The UB group is sewing up two strategic deals in the crucial southern beer markets. The beer major has struck a Rs 55-crore deal with GMR to snap up the latter's brewery in Andhra ... More

SPIC may exit Jordan venture
AFTER nearly a decade of having set up the joint venture company, Indo-Jordan Chemicals Company, SPIC now wants to exit the venture. It has appointed Rabo Bank for studying the move. The logic behind the move, as outlined by a very senior ... More

Bharti aims to be one-stop shop
THINK of the Bharti group and the image that comes to mind is that of a mega telecom company with a big footprint in the cellular sector and aspirations in the basic, national long-distance and international long-distance services. There is ... More

Gold zooms to 5-year high
GOLD prices touched a five-year high in some parts of the country, including Delhi and Chennai, after the yellow metal notched a two-year high for the second consecutive day in the global market. Standard gold was quoted at Rs 5,050 per 10 gm ... More

Better pay on cards for SEBI boss
THE Finance Ministry has mooted a proposal to delink the pay of the Chairman of the Securities and Exchange Board of India (SEBI) from that of a Secretary to the Government of India. The proposal is aimed at attracting professionals to head the ... More

A swap deal worth trying?
HOW about an offer to swap your tax saving National Saving Certificate or RBI relief bond for equivalent equity shares of HPCL or BPCL at a discounted price? Sounds interesting? This could be possible if the Government considers the Indian ... More