Thursday, February 18, 1999
GIC free to recast arms' foreign operations
The finance ministry in a significant policy departure has granted the General Insurance Corporation (GIC) wide-ranging autonomy with regard to restructuring of foreign operations of its subsidiaries.
LML mobike venture with Daelim on course
Scooter major LML Limited announced on Wednesday that its motorcycle venture with Daelim of South Korea is on schedule, despite its foreign partner Piaggio stating that it has not approved the project.
Piaggio Greaves to launch new three wheeler range
Piaggio Greaves Vehicles Ltd, a joint venture between Italian auto giant Piaggio and Indian auto major Greaves Ltd will soon launch a whole new range of three wheelers in the country.
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