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Sunday, July 11, 1999

Bombay Dyeing to sell its Jamnagar, Raigad plants
The Rs 952-crore Bombay Dyeing and Manufacturing Company Ltd of Nusli N Wadia has decided to dispose of its Roha processing plant in Raigad district of Maharashtra and the Jamnagar spinning plant in Gujarat.

Enfield unveils Lightning, fast and costliest
Royal Enfield Motors, a unit of Eicher group, has launched India's costliest motorcycle `Lightning' having a powerful 500cc four-stroke engine mainly to target people who love adventure, pleasure riding and long distance cruising.

`Ashok Leyland will beat slowdown in second half'
Hinduja group flagship company Ashok Leyland would shake-off the effects of recession only by the second half of the financial year, a top company official said.



  Kalupur Bank posts Rs 16.5cr net profit, deposits rise 68.3%
  Engineers India to pay 150 per cent dividend
  Volvo escapes price-fixing penalty
  Gulf Oil India drops refinery plan; to set up base oil unit
  Fast-paced growth is new Wipro CEO's agenda
  Movers & Shakers



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