The Hindu Business Line : Tuesday, November 18, 2003

Jessop sell-off case hearing deferred by three weeks — SC agrees to review ruling on HPCL
THE Supreme Court on Monday gave a reprieve to the Government on the stalled disinvestment process in oil PSUs. The court agreed, in-principle, to reconsider its September ruling on the privatisation of HPCL and BPCL. This is seen as an ... More

Michelin picks up 14.9% stake in Apollo Tyres — Ties up to set up joint venture
GLOBAL tyre major Michelin and Apollo Tyres Ltd (ATL) on Monday inked an agreement to set up a joint venture company - Michelin Apollo Tyre Ltd - for the manufacture and sale of truck and bus radial tyres in the country. The joint venture ... More

Panel moots 26 pc FDI in radio sector
AS part of the second phase of FM privatisation, the Expert Committee set up to look into changes in norms for radio broadcasting has suggested permitting 26 per cent foreign direct investment (FDI) in the sector. It has also proposed switching ... More

BSE imposes special margin on 96 stocks
AFTER the National Stock Exchange (NSE), it is the turn of Bombay Stock Exchange (BSE) to impose special margins on brokers' positions. The BSE today imposed special margins on 96 stocks, of which 35 are from the A group, in the cash ... More

Guard against rate risk, RBI tells banks
THE RBI has cautioned banks against the looming threat of an "interest rate risk", as they hold sovereign paper well above the 25 per cent statutory requirement. In its Report on the Trends and Progress of Banking in India, 2002-03, the central ... More

What is the word-of-mouth in the ad world, now?
WITH the growing fragmentation of conventional media, and with consumers getting increasingly networked, word of mouth (WOM), or `buzz', will become a more important tool for firms and marketers, according to Mr C.K. Prahalad of the University of ... More

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