INTERNATIONAL
Japan complains to WTO on US’ new steel tariff Tokyo: Japan on March 20 lodged an official protest with the World Trade Organisation (WTO) against a decision by Washington to slap new tariffs on steel imports, the trade ministry said.
Steel tariff row: US mum on EU compensation demand Geneva: The US declined to commit itself to the European Union (EU) demands for compensation over controversial US tariffs on steel imports at initial closed-door talks on March 20, diplomatic sources said.
HP claims victory on merger, results disputed Cupertino (California): Hewlett Packard (HP) said that shareholders approved the hotly contested merger with Compaq, but the result was swiftly disputed by merger opponents as premature.
NATIONAL
Maruti to export 16,000 Altos to Europe New Delhi: In a major exports initiative, India's largest car maker Maruti Udyog will start shipping 16,000 "Alto VX" cars worth about $ 80 million to Western Europe from March, company officials said on March 20.
SENSEX nets 21 pts as heavyweights gain at BSE Mumbai: Select key stocks scored handsome gains aiding the SENSEX to close in positive territory in an otherwise lacklustre activity on the Bombay Stock Exchange (BSE) on March 20 on some purchases by foreign institutional investors (FIIs).
CBI files chargesheet against 3 Reliance officials New Delhi: Central Bureau of Investigation (CBI) has filed a chargesheet in a Delhi Court against three top officials of Reliance Industries including the group's President V Balasubramaniam under the Official Secrets Act for possessing secret Cabinet papers and the case would come for hearing on March 27.
Lanka for buying Indian wheat through 5 MNCs New Delhi: India has agreed to extend a 15-year credit-line to Sri Lanka for export of three-lakh ton wheat annually, but Colombo has put a condition that the grains be routed through five multinational companies (MNCs).
Treat Enron lenders' letter as invalid: DPC to HC Mumbai: Indian lenders of Dabhol Power Company (DPC), led by the Industrial Development Bank of India (IDBI), have moved the Mumbai High Court to treat "null and void" a letter written by lenders of bankrupt Enron Corp to consider jurisdiction of New York courts for DPC sale, IDBI chairman P P Vora said on March 20.
