Saturday, November 14, 1998
ONGC's contingent liabilities hurtle past Rs 1100cr
Oil & Natural Gas Corporation Ltd's contingent liability has shot up by over Rs 1,100 crore in one year. It is Rs 4,640.88 crore as on March 31, 1998, going up from Rs 3522.12 crore a year earlier. Its total contingent liability thus works out to around 29% of its turnover of Rs 15,953.70 crore as on March 31, 1998.
Ballarpur Industries likely to hike Vidharba units' capacity
Ballarpur Industries (Bilt), the flagship of the Thapar group, plans to invest around Rs 500 crore to hike the capacity of its Gadchiroli and Chandrapur units in the Vidharba region of Maharashtra by two lakh tonnes. State chief secretary P Subramaniam said that the firm's move has come as a shot in the arm for the state government.
Amex unveils low-interest credit card
Keep the network, give me the floats. And, if American Express manages to pull it off, it would have succeeded in killing two birds with one stone.
|
|
