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

Thursday, September 06, 2001

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Page One

 IDBI's Vora eyes new pastures to trim NPAs -- Basket includes consumer goods, housing
MR Padmanabha P. Vora has drawn up a road-map to reposition Industrial Bank of India (IDBI) with priority being to bring down NPAs to below 10 per cent from the current 14 per cent.

AC Nielsen, ORG-Marg not TRP-ed -- To revamp rating panels; MR agencies to track leaks
DESPITE an impending merger between AC Nielsen and ORG-Marg, the two research agencies have decided to go ahead and revamp the household panels for the TAM and INTAM rating systems respectively.

No second thoughts on Maruti rights issue: Joshi
THE Heavy Industries Minister, Mr Manohar Joshi, on Wednesday said his ministry favoured the Cabinet Committee on Disinvestment's (CCD) recommendation of a rights issue as the method to divest part of the Government's stake in Maruti Udyog Ltd. The state ment assumes significance in the light of recent reports that the Government may allow Suzuki Motor Corp to take majority stake in Maruti by issuing fresh shares in its favour.

Gujarat Samachar not to sell back Voltas equity -- `15 pc stake next milestone'
THE Gujarat Samachar publication group under the Lok Prakashan Ltd (LPL) umbrella has set the acquisition of 15 per cent stake in Voltas Ltd as the next milestone. With the Voltas scrip hovering around the Rs 42 mark, LPL considers it a particularly chea p buy, considering the prospects the company holds in the current fiscal and thereafter.

GoM for lifting export curbs on agri products
IN an effort to boost sagging agricultural exports, the Group of Ministers on Wednesday recommended lifting of all export restrictions on commodities -- rice, wheat, pulses, coarse grains and dairy products including butter.

Get a taste of own medicine
INDIANS can soon experience the benefits of `personalised medicine' with `signature drugs' and `guided missiles' acting on an individual's ailments.


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