Bharti tops bidders for fourth cell licence
BHARTI Cellular Ltd leads the contenders for fourth cellular licences, with a Rs 722.48-crore bid for 11 circles in the first stage of bidding, which opened on Wednesday.

Sinha to meet bank, FI chiefs on Friday -- To discuss banks' market exposure, slowdown
CAPITAL market exposure of public sector banks would come under close scrutiny of the Finance Minister, Mr Yashwant Sinha, during his meeting with the Chief Executives of the Government-owned banks on Friday.

Satyam Q1 net up 141 pc
SATYAM Computer Services Ltd has recorded a net profit of Rs 121.46 crore and a total income of Rs 421.02 crore during the first quarter, reflecting an increase of 141.13 per cent and 74.9 per cent over the corresponding period of the previous year.

US-64 package may be firmed up today
THE UTI management is expected to firm up details of a package for the beleaguered investors of US-64 at a meeting with Finance Ministry officials to be held on Thursday.

Vassal sets off austerity drive
IT is austerity time at the Unit Trust of India (UTI). The mutual fund major has decided to observe austerity measures in day-to-day activities to provide better returns to unitholders and regain their trust.

Judicial probe into Enron issue
THE Maharashtra Government has decided to order a judicial inquiry into the Enron issue. The Chief Minister, Mr Vilasrao Deshmukh, today announced the decision after a meeting of the co-ordination committee of the Democratic Front Government.

It is too premature to comment on inquiry: JPC
THE Reserve Bank of India (RBI) has not implemented some of the recommendations made by the previous joint parliamentary committee (JPC) looking into 1992 securities scam, the current JPC Chairman, Mr Prakash Mani Tripathi, has said. JPC, probing the rec ent stock market crisis involving broker Ketan Parekh, today met the officials of the RBI and the National Stock Exchange (NSE).

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