The Hindu Business Line : Tuesday, August 05, 2003

Honda firms up plans for small car
IT could be a toss-up between Life and Jazz as Honda firms up plans to launch a small car in India. "We are seriously looking at the `B' segment. We have already commissioned a study in this respect," the Honda Siel Cars President and Chief ... More

Heart centre divestment — Status quo likely till Nandas find common ground
STATUS quo is likely to be maintained on the issue of divestment of equity in Escorts Heart Institute and Research Centre (EHIRC) till such time that the deadlock between the Nanda brothers is "amicably" resolved. With Mr Anil Nanda, ... More

Mallya set to buy out Chhabria's stake in Herbertsons
THE UB group Chairman, Mr Vijay Mallya, confirmed an impending settlement with Mr Kishore Chhabria to buy out the latter's shareholding in Herbertsons Ltd. Mr Mallya is scheduled to meet Mr Chhabria in Mumbai on Tuesday in a bid to end the ... More

Infosys exercises green shoe option in ADS offer
INFOSYS Technologies Ltd has informed the BSE that underwriters to the sponsored secondary ADR offering have exercised the green shoe option to purchase up to 7,82,000 additional ADS, representing 3,91,000 equity shares. Accordingly, the total ... More

Yes Bank promoters seek more time to begin operations
PROMOTERS of the `Yes Bank' have sought more time from the RBI to start operations. The group has applied for yet another extension of the banking licence due to expire this month, according to sources close to the promoters. Mr Rana Kapoor and ... More

SC refuses stay on divestment in Jessop
THE Supreme Court on Monday issued notices to the Union Government and the Disinvestment Ministry on a petition challenging the decision to disinvest its stake in EMU coach manufacturing unit, Jessop & Co Ltd, in West Bengal, but refused to stay ... More

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