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Monday, May 03, 2004

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Low liquidity spurs fall in GDR holding
DESPITE increased FII interest in the Indian equity market, there has been a significant shrinkage in the global depository receipt (GDRs) base of Indian companies. Investors have converted GDRs of several Indian companies into domestic shares ... More

Suzuki Alto drives Maruti's exports to new high
THE diminutive, and till recently not so popular (in the domestic market), Suzuki Alto has spearheaded Maruti Udyog's (MUL) export performance during 2003-04. Maruti clocked record exports of over 50,000 vehicles in the financial year, of which ... More

Nicholas Piramal to test FMCG style for promoting drugs
WITH the consumer in focus, pharma-major Nicholas Piramal India Ltd (NPIL) is looking to take a leaf out of the Fast Moving Consumer Goods (FMCG) strategist's book to market its medicines. The drug company is toying with combining the FMCG ... More

Academia taking to patenting, but slowly
HOW many patents do you think the country's prestigious universities such as the Jawaharlal Nehru University, Delhi; Banaras Hindu University , Varanasi; University of Hyderabad, Anna University, Chennai; and Jadavpur University, Kolkata would ... More

Motorola plea on Iridium to be heard this week
MOTOROLA Inc's plea for a stay on an interim Bombay High Court order last week, ordering it to deposit more than $120 million in the Iridium India case against it, will be heard later this week by the court. The case goes back to 2002 when ... More

Rajendra Babu sworn in as CJI
MR Justice S. Rajendra Babu was sworn in as the Chief Justice of the Supreme Court of India on Sunday. The President, Dr A.P.J. Abdul Kalam, administered the oath of office to him. He is the 34th Chief Justice of India. ... More

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