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IT Update

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Selloff dream sours as Centre clears 11 PSUs

The hype over disinvestment notwithstanding, the Govt on Friday accorded 'in-principle' clearance for disinvestment in only 11 PSUs including MMTC, STC and Shipping Corporation of India during the current financial year, leaving out major PSUs from the oil and telecom sector.

Petroleum ministry keeps IBP for Indian Oil

The ministry of petroleum and natural gas has shortlised Indian Oil as the ideal buyer for IBP, the stand-alone marketing PSU.

MTNL, DoT flash stir chokes phone network

Coinciding with the Cabinet Committee on Disinvestment (CCD) meeting to discuss MTNL privatisation, employees of MTNL and Department of Telecom (DoT) resorted to a flash strike, crippling the telephone network in the entire northern region.

Unit Trust's MIP gathers steam

It was a long wait for Unit Trust of India's Monthly Income Plan before it could start getting response in a big way from investors. For MIP 2000 the competition came from within UTI's stable.

Microsoft draws road map to Web

Microsoft Corp. announced a broad new computing platform, Microsoft.NET, that builds Internet features into every major product and will gradually transform the company's traditional software into subscription-based, interactive services.

Click here for Financial Express - Net the future

Executive Briefings

bullet.jpg (687 bytes) Maruti market share declines to 54% in April-May

bullet.jpg (687 bytes) Glenmark to acquire three Lyka Laboratories brands

bullet.jpg (687 bytes) Ford Motor to submit a solo bid for Daewoo

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