
Friday, September 4, 1998
Rassi accounts come to haunt BV Raju
The battle may be over but the war is far from finished, it appears. Former Raasi Cement promoter BV Raju, who pulled off a surprise flanking manoeuvre in the fight for control of Sri Vishnu Cements, may now find himself under pressure in an unexpected direction -- the management of Raasi Cement's affairs during his tenure.
BPL Engineering to shift Maddur facility
BPL Engineering Ltd has decided to relocate its power cords and cable harness manufacturing facility from Maddur to Basavapura near Bangalore. This is part of the company's effort to bring cost effective components in the domestic market.
Hinduja group prepares the ground for Internet service-provider badge
The Hinduja Group is likely to be the first major private Internet Service Provider (ISP) in the country. The group, which is planning to launch ISP services shortly through its cable network IN TV, has already set up a fibre-optic backbone for the purpose with an investment of around Rs 200 crore to Rs 300 crore.
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