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

Tuesday, July 11, 2000

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Index

Advertising & Marketing
Sawant upbeat aboutprint media growth
Foster's to hit Karnataka and AP early next year -- Battle royal on the cards in UB citadel
Pizza Corner logs onto cyberspace
Lowe Lintas wins Cannes Grand Prix
P&G launches new Ariel Power Compact
Colgate launches Cibaca Top
Low global rates keep edible oil steady
Prudential ICICI on brand building drive
HLL denies moving ASCI against Fena
Pizza Hut to market Pooch characters

Agriculture
Pulses, oilseeds output: Poor policy support to blame
Auction sale of FCI wheat unlikely

Airlines
IA to shuttle Chennai-Bangkok 3 days a week

Automobiles
ACMA voices concern over spurious auto components

Banking and Finance
Nabard award for TN co-op bank
Merger of GIC arms on cards?
Call seen steady around 7 pc
PNB hopes to double advances in personal banking segment
Confused CP norms
Citibank launches Platium Card
Lightning strike by Andhra Bank staff
Netravati Grameena business up 38.6 pc
BoB board meet on final dividend

Corporate
Bharat Forge to focus on small forgings market -- PBT down in first quarter
DCR accords highest ratings to First Leasing programmes
Indo Shares declared defaulter by BSE
UTI Grihalakshmi may offer gold option
Crisil Q1 net down 34% at Rs 2.20 cr

Scandura to launch mobile calibrating laboratory
Ampersand net zooms
HFCL set to take over Arihant Optics
PwC picks up 12% stake in WorldChemnet.com
Gramophone plans to acquire Punjabi music co, to pay 10% final
Creative Eye to relaunch IPO at cut price
Max India takes majority stake in HealthScribe
EIH board moots stock option for employees
Ram Savoor to head lubricants business of BP Amoco, Castrol
Amalgamation union `issues strike notice'
French co buys Greaves gear unit

Courts
SC ruling on Consumer Disputes Redressal Commissions

Economy
Call to step up trade with Thailand
SSI sector: Still groping for a WTO-compatible policy
Rs 9,000 cr private investment stuck -- Water supply: Need for proper policy norms
`Cooperation key to rural water reforms'
Do oil prices still matter for the world economy?
Fallacies in liberalisation policies

Expenditure panel submits report on food subsidies
Rs 5,000-cr corpus proposed for slum development

Editorial
Insecurity about water

Fast track
Pharma scrips: Safe prescription?

Fertilisers
Why is Oman dithering now?

Foreign Trade
India, Finland for better trade ties

Forex
Dollarisation: Panacea for all exchange regime woes
FIs have the best of many worlds
Does HDFC support soft rates view?

Horticulture
Plea to develop biotech mangoes

Impact
VisualSoft: Paying up to settle dispute
Cadbury India: Buffeting the cash flows
DSQ Software: Lining up acquisitions

Information Technology
Global Tele plans merger of unlisted group co
InterCope is now iCope Tech
ESC team to explore IT-enabled services
Free ISPs: The party could end soon
Consign launches ASP product
DSQ Soft acquires US co for $30 m
Vantel opens centre in Malaysia

Infrastructure
Louis Dreyfus drops out of race for Petronet LNG shipping deal
KPD operations come to halt following damage to lock gate
Vizag port ahead of other ports in cargo traffic

Miscellaneous
Norms likely for rural roads fund allocation
Eliminating deadwood

Mutual Funds
UTI eyes Rs 1,300 cr from offshore funds
Birla MF to rationalise debt funds' load structure

PSU
ECL wants Coal Ministry to hasten revival process
Global advisors appointed for 16 PSU sell-off
Enquiry ordered into SAIL modernisation plan `lapses'

Plantations
Excess crop in Karnataka -- Tobacco Board faulted

Policy
Pet objective

Power
Terms for securitisation of SEB dues imposed
TNEB's Rs 100-cr bond issue to open on July 12

Shipping
Panel holds talks with NMPT

States
GAIL signs MoU with Karnataka for pipeline
Trust to manage Mannar biosphere in offing
Permanent solution to sea erosion sought

Stocks
FMCG stocks pep up listless market
ICE scrips pull Sensex down

Technical Analysis
Nifty turns sideways

Telecommunications
Bharti Telecom to hold back ADR issue
MTNL staff defer strike
Laying of optic fibre cables -- Mamata move irks BPL Telecom

Textiles
Social standards in trade -- Garment importing agencies circulate code of conduct

Transport
LPG truckers call off strike


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