The Hindu Business Line : Thursday, September 04, 2003

Bajaj Auto may be split — Investment portfolio under separate co
BAJAJ Auto Ltd, the country's second largest two-wheeler manufacturer, is likely to be bifurcated into two separate units, one for manufacturing and the other for investments. In an informal chat with newspersons on the sidelines of the SIAM ... More

`Just a proposal'
ACCORDING to those in the know, Bajaj Auto Ltd's (BAL) plan to demerge is yet to graduate from loud thinking into a concrete proposal. But it was seeking ways of addressing the problem posed by surplus cash, institutions saying they would ... More

Breaking up the `war chest'
THE war chest is being broken up. In what appears to be a capitulation to market sentiment, Mr Rahul Bajaj has acknowledged that Bajaj Auto's considerable investment portfolio is affecting its valuation and decided to break it up and transfer a ... More

April-July FDI drops to $529 m
THE Finance Ministry on Wednesday said that foreign direct investment (FDI) inflows into the country had registered a sharp decline this year, from $1,219 million during April-July 2002 to $529 million during the first four months of the current ... More

Selling pressure halts rally; Sensex loses 81 points
WIDESPREAD selling today stopped stocks from continuing a rally that stretched for six days in a row. The benchmark indices of the National Stock Exchange (NSE) as well as the Bombay Stock Exchange (BSE) lost between 1.5 per cent and 2.2 per cent ... More

Pharma sector poised for a major lift
NET asset values of growth funds have been moving up on the back of select pharmaceutical counters even as the pharma sector is being regarded by many as one that looks poised for a major lift. Valuations recorded in the recent past have made a ... More

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