Bad debts pull IDBI net down by 25%
The net profit of term-lending institution Industrial Development Bank of India (IDBI) fell by 25% to Rs 947 crore in the fiscal 2000 as compared to Rs 1,259 crore recorded in the previous fiscal.



FIs keen on open offer for ACC shares
Financial institutions would be willing to offload its entire stake in cement major ACC if Gujarat Ambuja Cements (GACL) makes an open offer for the company.



CII for Maruti sell-off, 40% foreign equity in AI, IA
The Confederation of Indian Industry (CII) on Friday rallied in favour of selling off government holding in Maruti Udyog Limited and stated that foreign equity investment up to 40% should be allowed in the both Indian Airlines and Air India.



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ICICI net profit rises 21 pc
Exim Bank awaits Govt nod to kick off banking operation
Bollywood's biggest players opt for public issue
Siemens Q2 net rises by 80% to Rs 30 crore
Grasim posts 42 pc jump in net profit