The Financial Express -- Corporate

Thursday, May 29 1997

Goodlass Nerolac to set up auto paints unit in Chennai

Goodlass Nerolac Paints (GNPL), the Rs 400-crore paint major will set up an automotive paint unit in Chennai through GNP Madras Ltd, its 100% subsidiary. It will cater to the requirements of Mahindra Ford, Hindustan Motors and Hyundai Motor India, among others.

Kalyani group strikes alliance with Teksid for castings joint venture

Teksid, the 100% subsidiary of Fiat and the world's largest castings manufacturer, has joined hands with the Kalyani group to make castings in India. The partners would contribute equally to the equity of the project estimated at Rs 100 crore.

RPG to tie up with NTT for basic services

The Rs 6000-crore RPG Group is close to joining hands with Japan-based Nippon Telephone and Telegraph (NTT) for basic telecom services network. The joint venture will be called Basic Tele Services.

Escorts Ace to hit roads

Colgate-Palmolive net up a shade to Rs 78 crore

Bajaj Auto rejects offer to buy out Doshis' stake in PAL-Peugot

Bank of Gujarat told to submit new list of promoters before licence

PSU divestment via demat route urged

Kingfisher Q1 sales rise 8.0%

Corporation Bank net up 20%; plans Rs 266-cr public issue

F.I.R.-- SC move on analgin

SAIL net declines 60% to Rs 527 crore

Adidas sees higher 1997 profit

SEBI had no mandate on CRB: Mehta

Index -- Godrej Soaps