The Financial Express -- Corporate

Sunday, July 20 1997

ICI board strengthened

ICI India, the Indian subsidiary of the UK-based Imperial Chemicals Industries Plc, is increasing its board strength from 11 to 14 by inducting three divisional chiefs onto the company's board. Param Bhargava, VP, paints division, RL Jain, VP - explosives division and MR Rajaram, VP - corporate development, have been promoted as wholetime directors.

PNB hopes to double eastern zone profit

Punjab National Bank (PNB) has projected a two-fold rise in net profit by its eastern zone this fiscal. During 1996-97, the bank's eastern zone reported a net profit of Rs 16.52 crore.

Blow Plast to focus on Mattel range of toys

Blow Plast, the marketing company for the Leo and Leo-Mattel range of toys, will concentrate on Mattel products. The range, which includes hot-wheel cars, Barbie dolls and He-Man, is manufactured in the country by Mattel India.

JK to appeal against SEBI order to revise offer for Vikrant

New UNIX version from Santa Cruz

Indian Bank unlikely to get fresh recap funds

Corporate Briefing -- Victoria Mills to sell unit

Woolworth sports a future in sneakers

Zenith to launch new servers

Air India-Singapore Airlines pact takes off

Samsung Motors not to buy Kia flagship

Srinivas Telecom may bag second cellular licence in TN

Rossell to pull out of financial services

Gillette reports 15% increase in Q2 profits

Ogale to seek shareholders nod for revival package

BMW seeks higher return on sales

HLL eyes Rossell gardens via Jokai stake

Big B divests holding in Makers Labs