US-64 net sales positive; dividend hiked to 13.75 pc
UNIT Trust of India today hiked dividend under its flagship scheme -- Unit Scheme 1964 (US-64) -- to 13.75 per cent (Rs. 1.375 per unit) for the year ended June 2000 as against 13.50 per cent the previous year.

Tie-up is essential for Tata Engg: Ratan Tata
AS major automobile companies acquire large slices of the market through global alliances, the Rs. 8,963-crore Tata Engineering & Locomotive Company Ltd (Tata Engineering) has made its line clearer with the Chairman, Mr. Ratan Tata, seeing a partnership or alliance as ``essential'' in the company's 1999-2000 annual report.

Stocks set to enter bull phase: UTI chief
STOCK markets are expected to be buoyant this year with corporates exuding strong business confidence and the economy showing signs of sustained growth on the back of a good monsoon, said Mr. P.S. Subramanyam, Chairman, Unit Trust of India.

Wipro peripherals unit to become separate co
WIPRO Ltd has announced that the Peripherals Division of Wipro Infotech will be restructured as a separate legal entity.

Sify takes IndiaWorld with revised settlement
SATYAM Infoway Ltd (Sify) has changed the settlement pattern of the IndiaWorld Communications Pvt. Ltd. deal. Against the all-cash deal announced earlier, it will be a cash plus stock settlement now. Under the changed structure, Mr. Rajesh Jain, promoter of IndiaWorld, will get equity shares of Sify which are not listed on any exchange.

Decontrolled petroproduct prices hiked
THE public sector refineries have announced an increase in the prices of decontrolled petroleum products for July.

Kashmiris want `more than autonomy'
WHETHER it is an unemployed youth in one of the most backward villages in Baramulla district or a senior bank officer in Srinagar, a medical graduate or the executive committee member of the All-India Hurriyat conference, an average Kashmiri in the valle y is not too enchanted by the ruling National Conference's successfully piloting the autonomy resolution through the Jammu and Kashmir Assembly.

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