Corporate Results of over 2500 companies
Monday, October 18, 1999
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Reliance seeks FIs' blanket nod for loans

Reliance Industries (RIL) has scored yet another first. The company has asked financial institutions to give a no-objection to all its future borrowing programmes. RIL has also requested them to agree to cede pari passu charge on such borrowings.

Onkar Kanwar offers Continental 14.99 per cent stake in Apollo Tyres

The drama over the entry of Continental AG in India has taken a new twist with Onkar Kanwar, promoter of Apollo Tyres, offering the German tyre transnational a 14.99% stake in a bid to lure it away from Modi Rubber.

Anti-dumping duty on PSF imports from Korea and Thailand likely

The commerce ministry has proposed provisional anti-dumping duties on imports of polyester staple fibre (PSF) originating from South Korea and Thailand, pending final determination, on grounds of injury to the domestic industry.

Elections 99

Sebi wants control over bank equity issues

The spat between two regulators -- the Reserve Bank of India (RBI) and the Securities Exchange Board of India (SEBI) -- over the control of the debt markets has taken a new twist with Sebi seeking control over bank equity issues.

Q2 profit shows uptrend led by early-bird IT firms

The aggregate second quarter net profits of 64 early-bird companies increased by 62.5% to Rs 561 crore during July-Sept 1999 from Rs 345 crore during the corresponding period of 1998.

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Executive Briefings

bullet.jpg (687 bytes) French court refuses bail to Indian businessman

bullet.jpg (687 bytes) Oswal Sugars likely to post Rs 7.5 cr net loss

bullet.jpg (687 bytes) Shreya, Eli Lilly team up to ship two products to Russia

bullet.jpg (687 bytes) M&M to hawk Quadro on Internet

bullet.jpg (687 bytes) Shaw Wallace likely to block transfer of shares to UB group

bullet.jpg (687 bytes) BIFR to get more teeth in revamp


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