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Thursday, June 24, 1999

Jet Airways takes on Sahara, slashes fares
Competition among domestic airlines is getting hotter with Jet Airways going in for a major fare cut to take Sahara Airways head on in the ongoing battle for supremacy in the domestic aviation sector.

HDFC to seek shareholder nod to kick off core sector financing
The Housing Development Finance Corporation is seeking to ammend its Memorandum of Association to undertake personal finance and urban infrastructure development work.

NTPC to invest Rs 12,000cr to produce 30,000mw by 2007
NTPC has planned a massive investment of over Rs 12,000 crore in the southern region over the next two Plan periods which is expected to result in a total capacity addition of 4500 mw.



  Daewoo to infuse Rs 430 crore in DMIL
  IFCI to formulate revival scheme for Nachiketa Strips
  Bengal Ingot employees to run unit, submits revival plan
  Gujarat Alkalis seeks Rs 200 cr aid from State
  Nalco set to take over Mukand's Rs 220cr IAPL project
  Asia fuels Arianespace's rocket business
  `Government has not influenced IA's decision to purchase ATR aircraft'
  Balmer Lawrie to set up $1.1 mn LPG unit in Myanmar
  Gestetner to shift duplicator unit to India
  Saurav drops plan to set up UB Group's mineral water plant
  ATMs from Diebold -- For your eyes only
  Ajay Piramal unveils country's first shoppertainment
  Stone India plans to manufacture and distribute chemicals
  Fila Rozil diversifying into herbal, culinary plants
  International Equity bails out Western Bio Systems
  AutoNation drives into cyberspace with new site
  Dabhol Power Company president Ram Srivastav quits
  Eurocopter to hardsell choppers to domestic corporates
  DoT gets notices from Ghaziabad court
  MRF to set up 150 tyre service centres
  Consumerfed targets back-to-school sales through special supermarkets
  Marketplace Briefing
  Air France move gives the jitters to rivals
  Briefing
  Briefing
  NTPC-ONGC JV awaits clearance for special status



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