The Financial Express -- Corporate

Sunday, November 9 1997

Spic first-half sales up 45%

Southern Petrochemical Industries Corporation (Spic), the flagship company of the Rs 3,800-crore MA Chidambaram group, has registered a 45% increase in its turnover during the first half of 1997-98. The net profit of the company, however, improved marginally by about 3.79%.

Mahyco, Monsanto to jointly launch insect-protected cotton

The Indian subsidiary of the US herbicide and life sciences company -- Monsanto and Maharashtra Hybrid Seeds Company (Mahyco) have decided to launch new bollgard insect protected (BP) cotton in the country by the year 2000. The MM Biotech which is a 50:50 joint venture between Mahyco and Monsanto will take up this project. The BP cotton was developed by Monsanto and successfully launched in the US in 1996.

Vanlaxmi Agro launches Rs 10-crore cashew-earth, mango-earth

The Sindhudurg-based Vanlaxmi Agro Developers has launched cashew-earth bonds and mango-earth bonds worth Rs 10 crore to speed up the development of horticulture and tourism in this coastal district of Maharashtra. Vanalaxmi's decision coincides with Maharashtra government's move to develop Sindhudurg as a tourism district, neighbouring Ratnagiri as horticulture district and Raigad as industry district.

HLL drills cavity in Colgate-Palmolive sales

US auto maker plans micro car base in India

Vanlaxmi Agro launches Rs 10-crore cashew-earth, mango-earth

Spic first-half sales up 45%

Corporate Briefing -- Taj group plans 5-star hotel near Hampi

Loral, MEN tie up to explore DTH sector

Mahyco, Monsanto to jointly launch insect-protected cotton

Vikrant Tyres in talks with Continental AG for technical collaboration

Sembawang Corp still on acquisition path

Australis to continue review of solvency issue

Texas sues Microsoft over software secrecy