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Thursday, October 15, 1998

MSEB dares state on free power to state farmers
The cash-starved Maharashtra State Electricity Board (MSEB) has warned the state government of dire consequences if it resorts to free supply of power to 22 lakh farmers.

Asian Paints board, organisational recast on the anvil
Asian Paints has decided to recast its board to include more professionals. The board is at present dominated by members of the three promoter families.

Piqued merchant bankers may ditch divestment plan
Domestic merchant bankers may boycott the Rs 5,000 crore disinvestment programme as the rift between the Indian outfits and global coordinators has widened.


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Patel Roadways Limited


  Moody's maintains negative outlook for US life insurers
  Mazda launches 3 Suzuki-made minicar models
  Pepsico reports 38 % increase in Q3 net earnings
  Privatisation ferments breweries growth
  World Briefing
  IBM targets consumers with new low-priced laptops
  Suzuki Motors Corporation enters into a JV in Myanmar
  Marico unveils Sweekar refined soya oil
  Century Plyboards promoters' plan to hike stake cleared
  Malaysia to trade palmolein for rail project
  "I am very pleased"
  Inflation-control may top credit policy agenda
  Corporate Briefing
  Trade body may show fee-shy polyester companies the door
  LIC to rope in global consultant for recast plan
  Kribhco puts brakes on further investment in OIFC
  Pond's India set to pay second interim dividend
  Sun Pharma gears up for product patents
  Aman Mehta is new CEO of Hongkong Bank
  Oil India, Premier Oil on exploration drive in Indonesia
  Booz Allen to chalk out mega growth plan for Asian Paints
  Gupte to be I-Sec acting MD
  NIIT net leaps 60% to Rs 108 crore
  US firm bags pre-feasibility mandate for MSEB units
  Applied Materials to buy Consilium


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