IT by itself does not make a company profitable -- Magapu
LTITL new chief executive Vijay Kumar Magapu takes some time off from his busy schedule and talks at length to The Financial Express. This is his first formal interview after he took office where Mr Magapu outlines his vision for LTITL, which he envisages to be "a strong global company with a good delivery engine."

Radico Khaitan plans to buy brewery in north
Radico Khaitan, a leading player in the whisky segment, is planning to acquire a brewery in north India which will mark its foray into the beer market by the first quarter of the year 2001.

SCI recovers Rs 300cr dues, debates time frame on split
SCI has so far succeeded in the recovery of its long pending dues with oil companies to the extent of Rs 300 crore during last two months. These companies owed Rs 550 crore for over two years and interest accrued to SCI, on the same, was considered substantial.


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