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Saturday, September 18, 1999

Rhone-Poulenc 5-month sales up 16%
Rhone-Poulenc (India) has registered a 16% growth in sales for the first five months of the current fiscal at Rs 96.46 crore as against Rs 82.94 crore in the corresponding period of the previous year.

Fiat India plans to export Siena to Europe
Following the successful launch of the Siena in the domestic market, Fiat India Automobiles (FIAL), the subsidiary of the Italian car maker, is now planning to export the mid-size car to Europe.

Reliance case adjourned for the Nth time
Additional chief metropolitan magistrate Usha Iyer on Friday posted the chargesheets in two CBI cases against Reliance Industries for arguments on November 24.


Corporate Results


  IFC investment in insurance hinges on extent of liberalisation -- Official
  RPL commissions single point mooring system
  Wipro lighting division to shift HQ to Bangalore
  Tata Tea in talks with three banks to fund Tetley deal
  Indian Rayon sales slip to Rs 451 cr in 5 months
  Swagelok of US plans to set up manufacturing unit
  Watch out Titan! Tissot is here
  Briefing
  ADB likely to sanction $625 m by year-end
  Andhra cement prices crash
  Dena Bank plans gold deposit scheme foray
  Alps Industries -- Growing by leaps and bounds
  Centurion Bank IPO does not hold much promise



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