The Financial Express -- Corporate

Saturday, October 4 1997

Coopers & Lybrand to aid IndusInd restructuring

Indusind Bank has roped in international consultancy firm Coopers & Lybrand International to put in place a comprehensive programme of restructuring to strengthen its competitiveness as an international bank. The restructuring exercise is to assist the bank in the formulation of its business strategy and in the redesigning of its organisational structure.

Escorts Yamaha to set up scooter plant in Gurgaon

Escorts Yamaha Motor Co, the 50:50 joint venture between Escorts and Japan's Yamaha Motor Company (YMC), has selected Gurgaon in Haryana for setting up its scooter manufacturing facility. The estimated investment is around Rs 500 crore.

Bank of India records Rs 1170cr Q1 gross profit

Bank of India (BoI) has become the first public sector bank to announce quarterly results. It has posted a gross profit of Rs 170 crore for the period between April 1 and June 27, the last Friday of the first quarter.

Oil India, Shipping Corporation, MMTC among 97 state-run units unshackled

Coopers & Lybrand to aid IndusInd restructuring

UTI may offload HPCL shares via GDR

HDFC, Singapore Investment Corp to form SPV for core project

State Bank of Hyderabad shelves float as union sticks to firm allotment plea

Rhone-Poulenc bid to up stake in associate firm may trigger local consolidation

Sumitomo Bank begins local operations with reciprocal LC deal

Corporate Briefing -- HPCL net at Rs 612 cr

Dr Reddy's Laboratories Q2 sales up 35% to Rs 87.17 cr

ICICI bags $50m loan

TCIL plans joint venture with MTNL for basic, cellular services

Centre plans separate revival deal for Hindustan Fertilisers unit