Nicholas Piramal net up 19% at Rs 45 cr; sales touch Rs 442 crore
Nicholas Piramal has registered a 19% increase in net profit for the year ended March 1999 at Rs 45.4 crore as against Rs 37.9 crore in the previous year. Sales for the year were higher by 14 per cent at Rs 441.8 crore as against Rs 387.4 crore in the previous year.

Rahejas-promoted Hathway Investments takes over Asianet
Asianet Satellite Communications Ltd, Kerala's premier satellite-cable TV company, has been taken over by the Mumbai-based Hathway Investments, promoted by Rahejas.

ETL ties up with Valtra of Finland to produce powerful tractors
Eicher Tractors Ltd (ETL) has joined hands with Valtra group of Finland to foray into the powerful tractor segment and roll out two new models with 50 horse power (hp) and 60hp engines by the year-end, a top company official said.

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