The Financial Express -- Corporate

Thursday, August 21 1997

Bajaj Tempo set to roll out 4-tonne vehicle

Bajaj Tempo Ltd will introduce a four-tonne light commercial vehicle, the Tempo Excel, by the end of the current fiscal.The shift in the market from LCVs of lower tonnage to higher tonnage has affected sales of the Matador in northern India during 1996-97.

Citibank courts Reliance with credit card offer

Hard on the heels of wooing AT&T, Coca-Cola, Mckinsey and Motorola, Citibank has turned its attention to the Reliance group to peddle its credit cards. Citibank has approached Reliance with an offer, which, if accepted, will see all the group employees flashing Diners Club Corporate cards and Citi cards.

United Western Bank to go for share buyback via negotiations

United Western Bank has decided to go in for a share buy-back as and when an amendment is made to the Companies Act. The private sector bank has said that as soon as a share buy-back is permitted by the government, the bank will negotiate with large shareholders for buying back the bank's shares.

ICI funds came in before Asian Paints' earlier deal was off

Rossell shareholders approve transfer of non-tea business

Shareholder appeals against court ruling on Hindustan Ciba division spin off

Hind Motors board approves rights issue

Taco,Yazaki tie up for wiring harness project

Tata Tea: Book profit

GEC Alsthom waking up to reality

ModiLuft, Lufthansa in out-of-court settlement

Morarjee Goculdas snips staff by 10%

Khaitan sells off Macneill unit to Hong Kong firm

Pfizer royalty payments to parent dip

Financial Briefings -- RBI to issue stringent norms for NBFCs