THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Sunday, April 23, 2000

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Corporate

Hotels
Warren Tea-DPIL group buys hotel in Jaipur
WARREN Tea-Darjeeling Plantation Industries Ltd (DPIL) group's plans to diversify into the hospitality industry has taken concrete shape with the acquisition of a three-star hotel property in Jaipur at a cost of Rs. 8.5 crores. The group is controlled by Mr. Vinay Goenka.

Miscellaneous
Small drug units' plea on health insurers
THE West Bengal Small-Scale Drug Manufacturers' and Traders' Association (WBSSDMTA) has urged the Centre to make health insurers provide the whole range of medical services.

Mutual Funds
IT cos use safety net for IPOs
IN a scenario where south-bound stocks are telling on sentiments in the primary market, some IT companies are using `safety net' to attract individual investors, courtesy merchant bankers who are willing to back their moves.


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