Tuesday, December 7, 1999



Silicon Valley Saga Series


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Sensex spurts 122 points
Ignoring the warning of the Securities and Exchange Board of India, operators continued their excessive speculation and pushed up share values and indices to dizzy heights on Monday.




Eyeball to eyeball, Satyam fares poorly
Any which way you look at it, at $115 million, Satyam Infoway paid an awfully high price for its IndiaWorld acquisition.




Ambani businessman of the century
Noted businessman and chairman of the Reliance group, Dhirubhai Ambani, has been voted as the Indian businessman of the century by a worldwide multimedia poll conducted between August to October 1999 by Business Barons.




Other headlines

India plans 5-year power sector reform -- Minister
IDBI to ask promoters to pledge 51% shares
WEF MD blasts Govt for slow pace of reforms
Give states half of tax revenues -- Naidu
Pentafour to hive off unit
Nasscom wants diluted IPO norms


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