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Monday, August 23, 1999

Konka, Wittis may buy out Hotline stake in local venture
Konka and the Hong Kong-based Wittis are expected to jointly buy out the 25% stake held by Hotline in Konka Electronics India following the Indian partner's decision to walk out of the joint venture company.

Godrej Soaps -- Trimming fat through an SGA
A small group activity (SGA) case study of Godrej Soaps' Vikhroli factory on the reduction in consumption of HP Steam in the fat splitting plant reveals that the company has saved, on a recurring basis, an amount of Rs 47 lakh per annum.

Thermax bags Rs 300 cr EPC contract for TN power plant
The Pune-based Thermax Ltd has secured around Rs 300 crore engineering procurement and construction (EPC) contract for a 100 mw power plant to be set up in Tamil Nadu.


Corporate Results


  IOC may be out of Surat power project
  Crompton to sell Skycell stake for over Rs 200 cr
  Essar Oil gets time till Dec 31 to pay dues for 10% Petronet stake
  Jet disapproves fare war, but keeps options open
  Modern group to submit fresh recast proposal to institutions
  Fall in moped demand forces Escorts Yamaha to close unit
  Hotline joins hands with Chinese group Haier
  Bunka ties up with HCL to focus on CRM
  CG-CoreEL shifts business focus
  Sovika Infotek to set up subsidiary in US
  Ford Motor woos `Echo Boomers' with live TV
  Philips unveils global Matchline gameplan
  Briefing



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