INTERNATIONAL Enron task force chief is also accused of fraud San Francisco: The US official charged with cleaning up Enron-like corporate scandals, stands himself accused of corporate fraud in a lawsuit to be filed on August 14 by an anti-corruption watchdog group, the group said in a statement.
NATIONAL Hectic buying, HLL lift SENSEX by over 45 points Mumbai: Led by Hindustan Lever Ltd (HLL), key counters rallied smartly lifting the SENSEX up by over 45 points at close on the Bombay Stock Exchange (BSE) on August 16 on hectic buying support by speculators and domestic funds.
Coke divests 49% stake in Indian operations New Delhi: US cola giant Coke on August 16 announced divestment of 49 per cent stake in wholly-owned subsidiary, Hindustan Coca-Cola Beverages Pvt Ltd, in favour of bottlers, employees and public, a day ahead of the August 17 deadline set by the government.
PSUs launch 5-kg LPG cylinder as I-Day gift Shimla: National oil companies including Indian Oil Corporation (IOC) on August 16 launched five-kg cooking gas cylinders in 12 states as 'Independence Day gift', for which consumers would have to pay about Rs 90 per refill.
SENSEX opens firm on fresh support from Wall Street Mumbai: The SENSEX opened firm and moved further upward on the back of a smart rally in technology stocks at early stages on Bombay Stock Exchange (BSE) on August 16 on fresh buying support prompted by a two-session winning streak on Wall Street.
Wipro lowers net profit by Rs 18.6 crore for Q1 Bangalore: Software major Wipro Limited on August 16 announced it has lowered its net profit from continuing operations for the quarter ended June 30, 2002, by Rs 18.6 crore, following revised information received from a minor affiliate.
