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Sunday, February 28, 1999

Sterlite pins hopes on higher copper production in '98-99
Sterlite Industries Ltd expects its copper cathode output to rise to about 65,000 tonnes in 1998/99 (July-June) from 17,700 in the previous year.

ITC Hotels may forge pact with Ansal group
ITC Hotels is likely to enter into an agreement with the Ansal group for management of the later's 220-room upcoming five star deluxe hotel in New Delhi, marking an end to Ansals' association with the US-based hotel chain, Marriott.

Buoyed by launches, Modi Rubber sets sights on Rs 10 cr first
Riding on the success of right product launches, Modi Rubber Ltd hopes to end its half year in March with a profit of Rs 8 to 10 crore. This is significant in the light of the fact that MRL suffered a loss of nearly Rs 3 crore in 1997-98.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Sinha opus may add fizz to mergers, acquisitions
  Government may sell stake in MRL, CRL
  Tax relief may aid showbiz firms save Rs 100 cr a year
  National Highways Authority gets smaller slice of road fund
  Nestle announces 20% dividend
  Kurdremukh Iron seeks tax waiver for Mangalore plan
  Durgapur Steel sets up panel to probe fire at unit
  KIOCL seeks further ST exemption on earnings from new project
  Viswadatta Dairy Products to tie up with Italian firms
  EchoStar offers $600 million for PrimeStar assets
  PIL admission hearing on Bhadravati project postponed
  Volvo scotches rumours on Navistar bid
  Bridgestone net profit surges
  Briefs
  Budget deserts IA, AI, only Rs 1-lakh token assistance



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