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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (9088)	10/28/1999 6:21:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 12475

BAJAJ to go on Roman Holiday? May pickup 20% stake in Piaggio Italy. bajajauto.com IN perhaps one of Corporate India's most audacious moves abroad, Bajaj Auto is learnt to be eyeing an equity stake of 10 to 20 per cent in Italian two-wheeler major Piaggio. But Bajaj Auto only envisages the role of a passive investor in Piaggio for itself, with a nominee on the Italian company's board, said sources. It does not hope to bring about a change in Piaggios management. (ET-10/29/99)