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INTERNATIONAL
Enron's top assets up for sale to pay back debt
Washington: In a surprise move, disgraced energy giant Enron Corp has put its most valuable assets up for sale to pay back its creditors.

India to open full-fledged tourism office in China
Beijing: India plans to open a full-fledged tourism office in Beijing to tap the huge outbound Chinese tourist market, official sources said on August 28.

Rich should share GNP with poor nations: Baalu
Johannesburg: India is lobbying developing countries to ensure that the developed world shares 0.7 per cent of their annual gross national product (GNP) pledged at Rio Earth Summit 10 years ago as official development assistance (ODA) with poor nations.

NATIONAL
Citrix launches powerful access portal server
New Delhi: Citrix Systems, a leader in application serving and portal software and services, on August 29 announced the launch of Citrix® NFuse® Elite in India, industry's first channel ready, cost effective, powerful access portal server. NFuse Elite provides users with secure, point-and-click access to their personalised set of applications and content - while administrators get the ease and convenience of centralised portal management.

33 FDI proposals cleared, to bring in Rs 53 cr
New Delhi: Government on August 29 cleared 33 foreign direct investment (FDI) proposals envisaging inflow of Rs 53 crore.

ADB sets rider on $ 600 million loan to Railways
New Delhi: Asian Development Bank (ADB) has agreed to extend $ 600 million to Railways during 2002-05 but attached preconditions such as confining the loans to those areas where the public utility has a "clear competitive edge" over other modes of transport.

FutureSoft launches global unified visual identity
Chennai: FutureSoft on August 29 announced the launch of a new, unified visual identity for the company and its subsidiaries in other geographies, worldwide. The new visual identity is designed to reflect the company’s leadership and focus in the communication software industry, according to an official press release.

Rane launches indigenous rail dynamometer
Chennai: Rane Brake Linings, a part of the Rane group, leaders in automotive parts, on August 29 commissioned an indigenously developed full-scale 'inertia rail dynamometer' at its facility at nearby Ambattur to service its rail customers.

Set back for oil stocks on heavy investors' selling
Mumbai: Oil public sector unit (PSU) stocks suffered a sharp set back at early stages in an otherwise lacklustre activity on the Bombay Stock Exchange (BSE) on August 29 on heavy sell-off by investors.

Govt moots measures to check financial frauds
New Delhi: Government is considering making consolidated accounts, which include accounts of subsidiaries, mandatory for all companies after the recent stock market scam and financial irregularities which eroded investor confidence.

Tektronix growth hindered by US curbs: Official
Bangalore: The continued US sanctions over sale of high-end equipment to India have created road-humps for Tektronix India's smooth growth as this segment accounts for 10 to 12 per cent of its business, a top company official indicated.

Central Bank launches MasterCard card in India
Bangalore: Central Bank of India on August 29 announced the launch of MasterCard Electronic card programme in India, an official press release said.