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Wednesday, August 25, 1999

AI adds flare to fare war, cuts rates on 3 routes
Air India has also joined the fare war by slashing rates on three destinations. Late evening on Tuesday, the international carrier announced new fares.

Tata Chemicals to take hard look at cement business
Tata Chemicals chairman Ratan Tata has said that the company is taking a serious look as to whether the cement business can be considered a "core business" anymore.

Maruti exports jump 56% in July; two-wheeler sales dip
Undaunted by the increasing competition across the shores, Maruti Udyog Ltd set the export markets on fire recording a 56% surge in shipments during July 1999 even as leading two-wheeler makers from India -- LML, Escorts and TVS Suzuki -- saw sales hit a major breaker.


Corporate Results


  UB moves court against ban on Kingfisher sale in Delhi
  Leela may take part in ITDC hotels selloff
  Maruti's market share slides to 68.7 per cent
  JVSL on the lookout for ally to set up urea venture
  Jindal Vijayanagar Steel to offer its vendors stake to bridge cost overrun
  HCL Infosystems net at Rs 58.52 cr
  Allen-Bradley may be renamed as Rockwell Automation India
  NMDC's Vizag plant to go on stream next month
  ABB, Alstom to seek FIPB nod to kick off its power venture
  HPCL to invest Rs 10,000 crore for modernisation and expansion
  Bengal knocks CLB door over Metal Box's plan to shift office
  Hind Copper bags Rs 75 cr IDBI loan
  CII calls for merger of big banks and FIs
  ITC to set up Rs 525-crore unit in Assam
  BEA goes online in India to tap middleware market potential
  Pepsodent joins IMA for massive oral care drive
  Pfizer scrip sheds Rs 40 on subsidiary proposal
  Profit & principles - Shell bids for social mileage
  Provogue plans Rs 1.5 cr ad-campaign
  Corporation Bank will remain bullish
  IndusInd Media, Vatsa TV enter into strategic alliance
  E-commerce, DGFT applications through Capexil.com
  Discovery Channel mulls foray into regional language programming
  Compaq offers sub-Rs 30,000PC package
  Bilt to invest Rs 50 cr on IT upgradation
  Nila TV goes off air to digitise
  Court restrains ETN promoters from using logo



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