The Hindu Business Line : Saturday, August 24, 2002

LoC turns hot again
Maj-Gen Qureshi also suffers from something of a credibility problem, given his often-dishonest recounting of events during and after the Kargil war. The fact that Maj-Gen Qureshi timed his statements to coincide with the US Deputy-Secretary of State , M r Richard Armitage, was also lost on no one. Nonetheless, several recent events make clear all is not well along the Line of Control. More

UTI sells Nestle shares in block deal?
UTI is believed to have sold around 12-15 lakh shares of Nestle (India) Ltd (NIL) today at a price of Rs 570 per share. The deals amount to around 1.5 per cent equity of the FMCG major. Brokers said the trades consisted of several block deals ... More

SEBI panel wants companies to reveal fund flow into arms
THE Accounting Standards Committee of the Securities and Exchange Board of India has suggested that companies must disclose in their annual accounts details of amounts of loans given to and investment made into their subsidiaries. It proposed ... More

Village telephony gets a big push
THERE has been a 240 per cent jump in the deployment of village public telephones (VPT) by private basic operators — Tata TeleServices, Reliance Telecom, HFCL Infotel, Hughes Tele.com, Bharti Telenet and Shyam Telelink — in the first ... More

Ranbaxy denies `stealing' bacteria
LITIGATION in the pharma world is virtually a way of life, with original patent holders trying to hold onto their patents, even as generic companies step up competition through their `copycat' drugs. And it is in this light that the pharma ... More

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