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Tuesday, August 3, 1999

Piaggio tried to break Daelim tieup -- LML
In another twist to the Piaggio-LML standoff, LML has charged its estranged Italian partner with attempts to scuttle its tie-up with Daelim of Korea for the manufacture of motorcycles in India.

Kitchen Appliances slaps Rs 100 cr suit on ORG-GFK
Close on the heels of Videocon International's legal action against ORG-GFK comes another case filed by the Rs 550-crore Kitchen Appliances India Ltd on the research agency.

Mobil-RasGas walks out of Hazira port project
The Mobil LNG and Power Inc-Ras Laffan LNG Company combine have walked out of the Hazira greenfield port project.


Corporate Results


  ITC Agro first-quarter net loss at Rs 50 lakh
  IOC works out equity-sharing plan for Nagapattinam refinery
  PNB Q1 net up 14.8% to Rs 121.14 crore
  Usha Shriram ties up with Denmark firm Metro Therm for water heaters
  Coke, Pepsi to team up with Kerala company
  Sumitomo to up stake in Motherson Sumi to 50%
  TNPL begins trial production on glazed newsprint
  Petronet signs sales pact with Qatar's RasGad
  Indica to be sold off the shelf by year-end
  El DuPont allowed to retain 100% in local subsidiary
  Restructuring helps Bharat Forge
  And now, you can use the RTM card!
  SitiCable makes a dent in Hathway's Delhi, Ahmedabad business
  WebTV -- Microsoft set to unveil the Internet world through television
  WorldTel scouting for JV partner for Gujarat IT network project
  PIL says metro cellular operators are the real beneficiaries
  GCMMF grinds home Dhara's purity
  Marketplace briefing
  Alok Textiles forays into readymade segment
  Tata Donelley Q1 net profit rises 5.6 per cent to Rs 10.78 cr
  Maruti plans to unveil 1600 cc car by year-end



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