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Amoco
to pay Rs 350 a share for Castrol stake |
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The Mumbai High Court has directed
BP Amoco to pay Rs 350 per share to shareholders for acquiring
20 per cent of the equity shares of Castrol India. BP Amoco
has also been directed to pay interest at the rate of 15 per
cent per annum for delay beyond March 14, 2000. |
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Bayer
to pull out Baycol globally |
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German multinational, Bayer,
has decided to withdraw all dosages of its cholesterol-lowering
drug, branded Baycol, throughout the world, except Japan, with
immediate effect. |
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Indo
Rama keen to hike investment in Butibori plant by Rs 600 crore |
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Polyester major Indo Rama Synthetics
Ltd has shown keenness in increasing investment at its Rs 1700-crore
plant in Butibori industrial estate near here by Rs 600 crore.
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GACL
urges Maharashtra govt to reduce landing, shipping fees |
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The cement major Gujarat Ambuja
Cements has called upon the state government to reduce a 50
per cent hike in the landing and shipping fee for all the commodities
introduced by the Maharashtra Maritime Board. |
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