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Monday, May 31, 1999

Sony, LG go flat out to grab bigger slice of top-end colour TV market
There's a new war brewing in the colour televisions market. From Friday, the focus shifted to the top-of the-line flat screen televisions segment. At least, that's what Sony India wanted.

Hindustan Organics to pump in Rs 229 crore
The `mini ratna' chemicals manufacturing public sector Hindustan Organic Chemicals Ltd (HOC) has decided to pump in Rs 229 crore as capital outlay in the next three years as part its plan to gear up to take on ensuing competition from multinational chemical majors.

Wintech Computers plans to float IPO after merger of group firms
The Mumbai-based Wintech Computers is planning to merge all its group companies into one entity before entering the capital market with its initial public offering (IPO).



  Finance ministry wants MRL, CRL sold to highest bidder
  AI plans to branch out into domestic routes
  State Bank to offer Rs 5,917-crore assistance to IPPs
  Metal Strips, Apar Aluminium bag RBI approval to hedge on LME
  Bhartiya International net rises 60% to Rs 8.30 crore
  TCS to set up SBU for outsourcing business
  Microsoft to be major player in datawarehousing
  Briefing
  TVS Suzuki, Hero Honda sales up in April; Bajaj Auto down
  Shaw Wallace names heads for strategic business groups
  Government to sell off three Centaur properties as part of HCI divestment
  Marketplace briefing
  Godrej-GE weeds out the weak links
  Total shelves upstream plans in India
  Santro makes it to the headline once again?
  IOC, Lukoil crude contract put on the back burner
  Pepsi pips Coke to post with its diet drink
  IFCI plans strategy to prop up margins
  UTI Bank net jumps 94.01% to Rs 31.08 cr, to pay Re 1 a share
  Syndicate Bank net rises 73% to Rs 142 crore
  Strike hits Eastern Coalfields
  Microsoft's big byte -- Boosts sales through World Cup contest



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