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Thursday, February 18, 1999

LG Electronics goes green
LG Electronics India has converted its range of 300L "no-frost" refrigerator models to "CFC-free".

Fiscal deficit to touch 7% - J P Morgan
The fiscal deficit for 1998-99 is expected to be around 7% of the gross domestic product (GDP) as compared to the previous year's level of 6.1%, JP Morgan said in its monthly commentary of 'Indian Markets Outlook'.

Shareholders okay GKWf steel unit hive-off plan
GKW Ltd on Wednesday got shareholders' approval for its restructuring programme which aims at cutting losses by spinning off the company's steel, cement and Powmex Steels divisions.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  GAIL to set up LPG plants in Gujarat
  Technology industry leaders oppose suggested Microsoft break up
  PSU oil cos buy 1,200 wagons to evacuate Numaligarh refinery products
  LML mobike venture with Daelim on course
  Reckitt & Colman faces the blues on SC verdict
  Piaggio Greaves to launch new three wheeler range
  Philips may be forced to make open offer for Punjab Anand
  Brokerage firm finds a flat in Ashok Leyland sales figure
  Oil PSUs buy 1,200 wagons to evacuate Numaligarh refinery products
  LML-Daelim venture on schedule despite Piaggio's disapproval
  Supreme Court rejects Reckitt & Colman writ in "Ujala Supreme" case
  Piaggio Greaves to launch new three wheeler range
  Mysore Acetate likely to come under BIFR glare
  Deutsche Bank net profit seen up at $23 bn
  Jay Engineering scouts around for foreign partners to make hi-tech ACs
  Ashok Leyland sales dips 19.8% in January
  VSNL rules out equity swap with MTNL for now
  Mysore Acetate to fall into the net of BIFR
  GIC free to recast arms' foreign operations
  Jay Engineering in talks with foreign firms for manufacture of airconditioner
  Compaq acquires portal site
  VSNL rules out crossholding plan with MTNL for now
  JP Morgan sees fiscal deficit at 7%
  GKW gets shareholders' nod to hive off steel, cement divisions
  Two firms in race for Peerless Shipping & Oilfields Services
  GIC freed to recast subsidiaries foreign operations
  Compaq acquires Zip2 Corp
  Corporate briefing
  American Media, Encore agree to a merger
  Marico brands post mixed fortunes
  Market Place
  Dun & Bradstreet sees double digit earnings
  Compaq unwraps network storage solutions product
  VSNL, US cos agree to 10% cut in settlement rates
  Free titles launch to ignite London newspaper wars
  Hewlett-Packard profits better than expected
  UPSEB puts more reforms on agenda
  Rajasthan may review PPA of Dholpur project
  Delay in choice of cement may put Nathpa Jhakri project on hold
  Canada housing mortgage firm exploring avenues



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