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Coca-Cola to offload 49 p.c.
NEW DELHI, AUG. 16. Coca-Cola's wholly owned Indian subsidiary has decided to divest 49 per cent equity in its downstream beverage company, Hindustan Coca Cola Beverages Private Limited (HCCB). The divestment will be made on a private placement ...
HMIL launches Accent Viva, plans 3 more vehicles
NEW DELHI, AUG. 16. Hyundai Motor India Ltd. (HMIL) will shortly take a decision on launching the volume super mini car, Getz, in the B segment. Indications are that the car could probably hit the Indian roads in the first quarter of the next ...
PSE sell off: RBI may ease norms for banks
MUMBAI, AUG. 16. In a major move for funding PSE disinvestment by scheduled commercial banks, the Reserve Bank of India said it would consider on a case by case basis relaxing the ceiling of 5 per cent on banks' exposure to capital market to ...
MUL hopes to retain 60 p.c. market share
HYDERABAD, AUG. 16.With price cuts leading to a spurt in Maruti 800 sales this month and the company `bullish' on B segment models, Alto and Wagon R, Maruti Udyog Ltd.. hopes to retain at least 60 per cent market share, despite stiff competition ...
Other Stories

  • Rally in HLL lifts Sensex
  • MSE concern over future of regional exchanges
  • Wipro lowers Q1 net by Rs. 18.6 cr.
  • Mathur takes over as LIC Chairman
  • SEBI to launch investor education campaign


    Barometer
  • Exchange rates
  • Bullion rates
  • Stock Market Index


    Monitor
  • L & T Infotech Park in Chennai
  • 'Enterprise India 2002' in Central Asia
  • Alliance Capital's new MF
  • BTL deploys Nortel Networks solution
  • AirTel's new plans
  • GBTS launches 'ClickCheque'
  • SIDBI cuts rate on capital gains bond
  • Nominees invited for corporate award


    News Analysis
    FINANCIAL SCENE
    Forex reserves — strength in size
    By C. R. L. Narasimhan

    With forex reserves crossing $60 billion there will be a renewed debate as to whether they can be more profitably employed.

    Read Today's supplements: | Life | Young World | Quest |

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