Sunday, November 1, 1998
ITC set to buy 5-star hotel in Bangkok
ITC Ltd is acquiring a 5-star deluxe hotel in Thailand's capital, Bangkok, and will make a formal announcement to this effect soon, vice-president of the Indo-Thai Chamber of Commerce Satish Sehgal said at a press conference.
Castrol Q3 net leaps 8% to Rs 127 crore
Castrol has posted a 7.7% rise in its net profit to Rs 126.72 crore in the third quarter of the current fiscal, up from Rs 117.63 crore in the first nine months of last year.
Nocil shareholders approve preferential allotment to Shell
National Organic Chemicals' (Nocil's) shareholders on Saturday okayed the issue of 8.24 crore shares in Nocil Petrocemicals to Anglo-Dutch major Shell and its wholly owned subsidiary Montell for a price not less than Rs 29 per share on a preferential basis.
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