The Financial Express -- Corporate

Wednesday, November 19 1997

Cochin Refineries H1 net zooms 204% to Rs 134 crore The public-sector refining major, Cochin Refineries Ltd (CRL), has posted a record 204% growth in profit during the first half of the current fiscal thanks to the receipt of arrears from the oil pool account.
Novartis, Glaxo eye Knoll over-the-counter brands Swiss multinational, Novartis, UK-based Smithkline Beecham, Reckitt & Colman and Glaxo are in the fray for acquiring key over-the-counter (OTC) product brands of Knoll India. The three key brands these multinationals have evinced an interest include Burnol, Aciguard and Coldarin.	Greaves Ltd, Piaggio Spa of Italy sign pact for three-wheeler venture The Thapar group company, Greaves Ltd, has signed a memorandum of understanding (MoU) with the Italian major Piaggio Spa to manufacture a new generation of state-of-the-art eco friendly diesel three-wheelers in India. Greaves will hold a 49% stake in the venture.

Cochin Refineries H1 net zooms 204% to Rs 134 crore