The Financial Express -- Corporate

Monday, October 6 1997

Reliance likely to post Rs 800-crore net in H1

Reliance Industries is expected to post a net profit of Rs 800 crore in the first half of the current financial year. Analysts expect the growth in net profit to be around 20%-22% over the corresponding first half figure of Rs 651 crore.

Maruti mulls Rs 2,500-crore expansion plan

Maruti Udyog is chalking out a five-year plan to produce half a million vehicles by 2000 to maintain its leadership position, according to managing director, RSSLN Bhaskarudu. The latter is engaged in preparing the future plans of the company, including a Rs 2,500-crore expansion plan for enhancing production capacity at its Gurgaon manufacturing site.

Man Industries to move RBI for UK firm takeover

Man Industries (India), an aluminium extrusions and saw pipes manufacturer, has decided to take over British company Man Intertrade (UK). Once the takeover is approved by the Reserve Bank of India, Man Intertrade will become a subsidiary of the Indian company.

Foreign holdings in ITC up to 46%

Man Industries to move RBI for UK firm takeover

Rhone-Poulenc plans local plant acquisition

Voltas puts chemicals unit, Premium Granites on block

SBI recasts working capital finance norms

Reliance likely to post Rs 800-crore net in H1

Tatas move to replace old guard at Voltas

Trendy Knitwear is the dark horse lost and found from Charminar

Maruti mulls Rs 2,500-crore expansion plan

RBI decision, results may drive Infosys stock

Proctor & Gamble may launch Ivory in premium soap segment

MSFC to knock state doors for funds