The Hindu Business Line : Saturday, August 30, 2003

Issues should have been sorted out, feel drug cos
A section of the Indian pharma industry felt that the safeguards that the developed nations sought would in fact put a spanner in the works. More

Mumbai HPCL staff confront RIL team — Due diligence process at other centres peaceful
HPCL employees protesting against the proposed disinvestment of their company on Friday prevented the Reliance Industries team from entering the PSU refinery in Mumbai for conducting due diligence. Eyewitnesses said close to 1,000 employees ... More

Russell Credit highest bidder for AP Govt stake in VST — Aravali tops for Sirpur Paper; it's a tie for Tata Motors
RUSSELL Credit, an arm of the ITC Ltd, has come up with the highest bid of Rs 215 per share for the 4.69 per cent Andhra Pradesh Government stake in VST Industries Ltd and Aravali Securities Ltd has become the highest bidder for stake in Sirpur ... More

Who'll partner Disney — Star or Sony?
WHO will partner Mickey Mouse this time round? After the break-up with Modi Entertainment Network (MEN), Walt Disney is in talks with both the Star Group and Sony Entertainment Television (SET) for distribution and airtime sales of the Disney ... More

Luxottica asked to make open offer for Ray Ban India
THE Securities Appellate Tribunal today asked Luxottica Group SpA to make an open offer to the shareholders of Ray Ban Sun Optics India Ltd, makers of Ray Ban brand eyewear, to buy 20 per cent equity of the company with April 28, 1999, as the ... More

Patent pact lights up pharma stocks
PHARMACEUTICAL companies were in limelight in the bourses today after the landmark agreement between US and a group of countries including India that would relax patent regulations on some drugs. Brokers and analysts said if this agreement were ... More

Wheat export issue prices increased
IN a clear signal to discourage export of wheat in view of depleting public stocks, the Government has further hiked the prices at which the Food Corporation of India would be issuing grains to exporters during October-December 2003. Effective ... More

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