The Financial Express -- Corporate

Thursday, June 26 1997

Two Gadgil Western firms on the chopping block

With the Gadgil Western Corporation (GWC) bubble having burst, two leading group companies -- Western India Industries Ltd (WIIL) and Western Paques Ltd (WPL) -- are on the chopping block. They have been served with winding up notices by Sicom, Standard Chartered Bank, Fertilisers and Iputs of Chandigarh and Delhi, and others.

Mitsui likely to pick up 25% in Indo Rama venture

Mitsui Petrochemicals Corporation and Itochu Corporation of Japan are likely to pick up 25% and 15% each in Indo Rama's Rs 1,200 crore PTA project at Vishakapatnam, Andhra Pradesh. Indo Rama will hold 60% in the company which may be christened Indo Rama-Itmi.

Otis and Mitsubishi in race for Leelaventure contract

Otis Elevator and Mitsubishi of Japan are in the race for a Rs 19 crore contract to be awarded by Leelaventure in Bangalore and Mumbai. The decision is expected to be finalised in a month.

Tisco, Tata Power in cosy Jojobera deal

Fuji Photo denies price war with Kodak

Bayer sales up 10 per cent in five months

Kerala retailers slam doors on Bombay Dyeing

All eyes on Reliance Industries

HDFC cuts interest rates on deposits

The Index -- Titan Industries running slow

Essar Steel cheats analysts with positive bottomline

Birla AT&T mops up $283m via ECBs

Central Bank set to turn around

Leela group may privately place 40% equity of new firm

Former PR chief of SAIL may join Ispat