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Tuesday, December 15, 1998

Kinetic, Honda Motor sign pact
Honda Motor Company of Japan and Kinetic Honda Motor have signed a five-year licence and technical-assistance agreement. Under the new agreement, Honda is committed to provide technical assistance to the company.

BPL Telecom to focus on telecom system integration
BPL Telecom Ltd has restructured its domestic operations with a major thrust on a new division - telecom system integration. This division is expected to contribute Rs 20 crore to the company's targeted income of Rs 160 crore this fiscal.

SAP India unwraps new system for insurance firms
SAP India has launched SAP Insurance, an integrated, enterprise-wide information and decision support system, for insurance companies in the country.


The National Stock Exchange of India (NSE)

Central Electronics Limited

Patel Roadways Limited


  Reuters gears up for launch of euro
  Oracle, Sun may team up against Microsoft
  Blockbuster IPO from Viacom may be delayed
  UK's National Grid to buy New England
  MCI WorldCom offers $323m for Australian Internet firm OzEmail
  GEC sees decision soon after BAe reports
  World Briefing
  Telco rides high on back of government orders
  Communication Management bags Turner Broadcasting's PR account
  Compaq appoints Electronics Resources as national distributor
  Hewlett Packard unveils high-end Unix-system based server
  IOC ropes in Price Waterhouse for infotech re-engineering
  Corporate Briefing
  Binani group may buy out DLF Cement
  SKF Bearings set to complete recast by next year, mulls exports from Pune unit
  SR Iyer steps into Vaidya's shoes as State Bank DMD
  Canara Bank starts paying up Canfina dues
  Pamnani to head Citibank global consumer banking
  Lever steps up prices of toothpaste, deodorant
  NIIT board clears plan to hike FII holding to 30%
  Rao to step into Kashyap's shoes at Alliance Air
  Philips clarifies stand on Salt Lake unit sale
  General Electric may merge with British Aerospace
  L&T, Gammon, Afcons planning to put in their combined might


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