PC sales growth plummets from 45% to 26% in H1
Computer sales in India are facing a slowdown in line with the global trend. The sales growth of PCs in India has plummeted from 45 per cent to 26 per cent during the first half (H1) of 2000-01 due to the economic slowdown.



Sebi plans code for exchange directors, staff
With rampant insider trading and price manipulation becoming the order of the day, the Securities and Exchange Board of India has decided to formulate a code of ethics for the stock exchange directors and key functionaries to improve disclosure and transparency standards.



MTNL rings in cheaper mobile phone era
Launching a rate war in the cellular phone segment, Mahanagar Telephone Nigam Ltd has decided to offer its cellular services at Rs 1.50 per minute for incoming calls and Rs 2.70 per minute for outgoing calls.



Other headlines
Profit soars at India's 2nd-largest private bank
HC stays Cox and Kings demolition
Oil PSU sell-off on case-by-case basis
Two co-op banks merge
ONGC to bid for Enron stake in a week
Mastek profit plummets 58 pc
Industrial output declines further