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Saturday, January 17, 2004
Consolidation in mobile telephony
MUMBAI, JAN. 16.Idea Cellular's buying of Escorts' mobile business, one of the biggest deal in the telecom sector, points to a major churn with several players in the mobile telephony space now realising the difficulties in managing their ...
Tatas' small car project on schedule
NEW DELHI, JAN. 16.Announcing that the Tata Motors' plans to launch a Rs. 1 lakh "people's car' were going as scheduled, the Tata Group Chairman, Ratan Tata, had said the company was working hard and chalking out strategies to register the ...
Murugappa group to exit Parrys Confectionery
CHENNAI, JAN. 16.The Murugappa group has decided to exit Parrys Confectionery Limited (PCL). It will sell its entire 60.39 per cent stake in PCL to the Korean company, Lotte Confectionery Co. Ltd. The sale consideration is Rs. 283.12 per share, ...
The kindest cut of all...
`I concede there is a threat but we are well equipped to take on competition. Whether we are in the public sector or not it does not matter (for functioning on commercial lines).'
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