No consensus on modalities of divestment
THE disinvestment process of the Government seems to have hit a roadblock with the Cabinet Committee on Disinvestment (CCD) unable to reach a consensus on the modalities for disinvestment of Government equity in the public sector units taken up at its me eting on Saturday.

Ashok Leyland's net jumps to Rs.78 cr
ASHOK Leyland's net profit for the year 1999-2000 has gone up to Rs. 78.48 crores from Rs. 20.36 crores in the previous year. However Rs. 21.26 crores of this is due to a mandatory change in the norms for valuation of inventory. But for this change, the net profit would have been Rs. 57.22 crores, or 181 per cent over the previous year's figure.

The market share conundrum
LAST year (1999-2000), Ashok Leyland's market share in `passenger vehicles' segment increased to 45.2 per cent from 44.5 per cent in the year before. Its share of the `goods' market improved to 30.6 per cent (30.4 per cent).

Cabinet approves ONGC exploration
THE Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval to Oil and Natural Gas Corporation (ONGC) for carrying out exploration in six deep water blocks. It has also allowed the company to form an alliance with experienced exp loration and production companies.

Link the brand, rake in the mileage
HOW does `See you again at the Nestle Milo quiz contest' sound? Or perhaps `Welcome to the Savvy Miss India beauty pageant'? Doesn't quite jell, does it? That's because these events have been associated with certain other brands for years together.

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