The Hindu Business Line : Sunday, December 14, 2003

Govt to freeze grains procurement price
THE BJP-led Government is all set to accomplish something that no previous administration at the Centre has attempted before. For the first time since the institution of the minimum support price (MSP) regime in the early 1960s, farmers will ... More

SEBI stipulates minimum 20 investors for MF schemes
IN a bid to stop mutual funds operating like portfolio management schemes, the Securities and Exchange Board of India (SEBI) has stipulated a minimum of 20 investors and a single investor not accounting for more than 25 per cent in each scheme of ... More

Ranbaxy buys Aventis' generics unit in France
PHARMACEUTICAL major Ranbaxy Laboratories Ltd on Saturday announced that it has inked an agreement to buy RPG (Aventis) SA, along with its fully owned subsidiary OPIH SARL, in France. The transaction is expected to be completed in the first ... More

Soros plans to buy out GIC in mutual fund
THE global investor, Mr George Soros, has proposed to buy out General Insurance Corporation (GIC) and its associates' majority stake in GIC Mutual Fund. A proposal to this effect was presented to the GIC MF board recently. Soros Fund ... More

Indian auto exports go into overdrive
INDIA'S automobile industry is literally going places. According to a Government data released here, India exported cars worth Rs 897.11 crore in 2002-03, a jump of 114.47 per cent over the previous year's exports of Rs 418.28 crore. ... More

SAIL mulls jt venture with BHP group for coal mining
STEEL Authority of India Ltd (SAIL) is contemplating the setting up of a joint venture company with the Australian mining major, the BHP group, for undertaking coal mining in Australia. Though company officials are extremely tight-lipped about ... More

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