The Hindu : Wednesday, August 28, 2002

Online edition of India's National Newspaper
Wednesday, August 28, 2002

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Asian Paints to buy major stake in Egyptian unit
MUMBAI, AUG. 27.Asian Paints (India) Ltd. (APIL) has announced that it will acquire a controlling stake in SCIB Chemical of Egypt. The company is among the five largest paint companies in Egypt. APIL has entered into an agreement with the ...

Central Bank launches MasterCard electronic card
HYDERABAD, AUG. 27. Central Bank of India, which was first to tie-up with MasterCard when it began Indian operations in 1981, has now come out with `Central Bank of India MasterCard Electronic Card', directed at the lower-end and first time ...

CIFCL's novel fund raising method
CHENNAI, AUG. 27.Will the interest rate head further south? Or, will it move up north? One may not find convergence of views. Especially fund managers are sure to have differing perceptions. Lack of consensus on the behaviour of interest rate has ...

Sensex drops 26 points
MUMBAI, AUG. 27. Led by the information technology segment, shares reacted on the Bombay Stock Exchange today, pushing the Sensex down by about 26 points following renewed offloading by foreign funds as well as operators. After riding high for ...