The Financial Express -- News

Thursday, May 1 1997

Spices, allied products export spurts to Rs 1,180 crore

Export of spices and spices products earned India a record Rs 1,180 crore during the last financial year. The 2,19,400 tonnes of spices exported during the year is a 9% improvement over the previous year.

Infrastructure Bond Issue

Hind Petro '97-98 profits seen lower

Delay in oil price hike will increase financial costs of Hindustan Petroleum Corporation Ltd, according to analysts at James Capel B&K, a leading stock brokerage firm. The net profit for FY97 is likely to be placed at Rs 6,144 million against Rs 5,142 million in FY96.

BHEL peaks new high on Mumbai bourse

Bharat Heavy Electricals' scrip yesterday crossed the 52-week high, touching Rs 399, on the Bombay Stock Exchange, rising by over 15% in the past few trading sessions. This follows the renewed interest of foreign institutional investors after BHEL posted a higher than expected profits for 1996-97.

Stop deregulation of SSIs: Mitra panel

Corporatisation of government monopoly sought