Tuesday, October 20, 1998
Indo Rama, RIL tap Belgian firm to fight dumping case
Polyester majors Reliance Industries and Indo Rama Synthetics have employed the services of a leading Brussels-based law firm Vermuls & Waer to fight the case of anti-dumping duties on polyester texturised yarns against the European Commission.
Nocil seeks shareholder nod for preferential issue
Nocil is seeking shareholder approval to make a preferential issue of 8,24,58,340 equity shares of Rs 10 each in its demerged petrochemicals and polymer division (PCD), Nocil Petrochemicals, to Shell Chemicals and Montell Polyolefins at a price of not less that Rs 29 per share.
GIC, LIC plan joint forum on liberalisation
The state-owned General Insurance Corporation and Life Insurance Corporation, for the first time, are planning to establish a joint platform to chalk out effective strategy to face the emerging challenges of liberalisation in the industry.
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