Zee Telefilms plans to list on New York Stock Exchange
Zee Telefilms plans to list on the New York Stock Exchange after the merger of the Mauritius-based Zee Multimedia Worldwide with the parent company.
FIs force Reliance to take extra cover for Jamnagar unit
Financial institutions led by the Industrial Development Bank of India and a clutch of foreign institutional lenders have forced Reliance Petroleum (RPL) to take a Rs 40-crore worth of advance loss of profit (ALOP) risk cover for its Jamnagar refinery project during the last phase of its completion.
Burroughs Wellcome, Glaxo merger on hold
Burroughs Wellcome India (BWI) chairman Deepak S Parekh on Monday said that an "idea of a merger with Glaxo India had been put on hold and other options were being explored".
Steel, cement sectors may post negative growth in 1999-2000
Steel, cement, consumer electronics, tea, auto components and machine tools are among sectors likely to witness a low or negative growth during the current fiscal, according to the Ascon Industry Monitor released by the Confederation of Indian Industry.
