Sunday, March 21, 1999
Usha India to set up Rs 20-crore silicon wafers unit
Usha India Ltd, a part of the Rs 4,000-crore Usha group, is setting up a stand-alone production facility for silicon epitaxy wafers, the basic raw material for transistor chips and semiconductor devices.
Calcutta high court blasts Philips over unit's sale pricing
The Calcutta high court had rapped the management of Philips India Ltd on several counts while confirming an interim stay on the company's deal to sell its colour television factory at Calcutta to Videocon International.
IA hopes to post Rs 10-crore net
Indian Airlines expects to post a net profit of Rs 10.35 crore during the current fiscal which is likely to increase to Rs 14.10 crore in 1999-2000.
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