Financial Daily from THE HINDU group of publications
Sunday, November 23, 2003

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Bharat Forge acquires German firm — To break into auto makers' captive vendor base
THE emergent theme of overseas acquisitions by Indian auto and auto component units received further fillip on Saturday, with the Rs 689.2-crore Bharat Forge Ltd (BFL) disclosing its acquisition of Carl Dan Peddinghaus GmbH (CDP). With CDP ... More

FLAG, Pivotal call off talks; path looks clear for Reliance
FLAG Telecom and Pivotal Private Equity have mutually called off discussions, only three days after it was announced that Pivotal had made a better offer than Reliance Infocomm's for FLAG, leaving the path fairly clear for Reliance, if everything ... More

Lock into fixed rate home loans: HDFC chief
MR Deepak Parekh, Chairman of Housing Development Finance Corporation, said today that home loan customers should be more `long-sighted' and `have a longer-term vision' as far as interest rates are concerned. The Chairman of the 26-year-old ... More

Silent lobbying to counter IT `backlash'
THE Indian IT industry received a double whammy in the last couple of weeks: On November 13, the Executive Director of the Indian American Forum for Political Education and former staff director of the Indian Caucus, Narayan Keshavan, died of a ... More

Telgi stamp paper scam — `Misuse of evidence proved beyond doubt'
THE Special Investigating Team (SIT) probing the allegations of mala fides in the investigation by the Maharashtra police of the multi-crore Telgi stamp paper scam, made by Mr S.M. Mushrif, former Additional Commissioner of Police (Crime), Pune, ... More

Panel report may offer smooth takeoff for aviation
IN the next few months, if you see the proprietors of Jet Airways, Air Sahara, Air Deccan and Indian Airlines wearing broad smiles, don't be surprised. They might have enough reason for their merriment. The general expectation is that the ... More

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