Friday, November 27, 1998
Pepsi fades out Shahrukh, focuses on Manisha
Move over, Shahrukh Khan! The machismo-dominating cola endorsements seems to be fading with Pepsi close to clinching a deal with Bollywood actress Manisha Koirala. Manisha's endorsement of Pepsi comes soon after Coke featured Karisma Kapoor in its Diwali promotions.
Chhabrias take Sorabjee view to SEBI in Herbertsons case
The feud between MD Chhabria, uncle of Kishore Chhabria, and Vijay Mallya of the UB group for control over Herbertsons has taken an interesting turn, with the Chhabrias producing before adjudicator SEBI a favourable private opinion from none other than the attorney general of India, Soli Sorabjee.
Indian Oil plans to kick off treasury operations, seeks Reserve Bank nod
Indian Oil Corporation (IOC), which is diversifying into related businesses like petrochemicals and power generation, is now making a foray into foreign-exchange dealership. The company has sought the Reserve Bank of India's (RBI's) permission to enter into this area.
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