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Friday, July 17, 1998

Siemens AG ropes in Booz Allen & Hamilton to review Indian operations
International consultant Booz Allen & Hamilton has been commissioned by Siemens to conduct a review of its Indian operations. This exercise has been initiated as the German giant believes that its business portfolio needs a relook in the changed scenario.

Arvind Mills plans complete realignment of brand portfolio
Arvind Mills Ltd is reportedly planning a total realignment of its brands portfolio in order to have a product in all segments of the market. Arvind Mills owns the largest selling denim brand in the country, Ruf & Tuf. It also owns the Newport and Flying Machine brands.

MTNL to ring in cellular services in Delhi, Mumbai by March '99
Mahanagar Telephone Nigam Ltd (MTNL) plans to launch its long-delayed cellular service operations in Delhi and Mumbai by March 1999. The decks for the service had been cleared with the Delhi high court's historic judgment quashing the Telecom Regulatory Authority of India's (TRAI) ruling.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  MRL throws in the towel; to exit from Arochem project
  Corporate Briefing
  Pfizer bells copycats with key antibiotic relaunch
  Hindalco to double foils unit capacity
  LML locked in talks with European, Korean firms for motorcycle tie-up
  NTPC Kayamkulam unit to go on stream
  Kalyani Steels, Carpenter Technology join hands
  P&G Inc unveils stock-option scheme for local employees
  Infotech policy gives fillip to Hindujas' Net services plan
  Panel looking into HLL advertising claim gets three-month extension
  Financial Briefing
  Patel denies knowledge of Tata-Raytheon consortium's decision
  Nabard MD gets chief's powers till October 31
  IDBI suggests Subramanyam for Unit Trust of India top slot
  Haryana state body to nip Intron stake
  JNPT embarks on expansion
  World Briefing
  `GM labour productivity lags industry'
  Lawyers in Microsoft case begin deposing witnesses
  MCI, Worldcom merger on condition
  Northrop profits fall after charges
  `IFCI will not be averse to genuine M&A cases'

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