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Wednesday, July 14, 1999

Pentafour may post 50% jump in profit -- Analysts
The robust growth of the multimedia division of Pentafour Software and Exports Ltd will boost its profits by 50% in the first quarter of the fiscal year to March 2000, analysts said on Tuesday.

Zee to appoint 7 dy CEOs for separate divisions
As part of its restructuring exercise, Zee Network will have seven deputy chief executive officers who will be responsible for developing their divisions into independent profit centres.

Tatas top survey on infotech companies with Rs 2,551 cr revenue
The Tatas have emerged as the single largest business group in the country with cumulative revenue of its IT companies touching Rs 2,551 crore. The Tata group companies -- TCS, TIL, Tata Elxsi and Tata Technologies -- registered a growth of over 35% in 1998-99, up from Rs 1,886 crore, displacing Shiv Nadar's HCL group as the top contender to the slot.



  Limp prices force Bal Pharma to put off plan to manufacture Viagra ingredient
  Amex Information to float Rs 6.87 cr initial public offer
  Japan's securities regulator may revoke Credit Suisse unit license
  Royal & Sun of the UK to acquire Orion Capital
  Godrej Properties to test market outside Mumbai
  Drugs boost Roche's first-half sales 7 per cent
  Rhone-Poulenc shareholders okay Hoechst merger
  2 SBI arms mull equity-cum-subordinate debt issues
  Mahindra Holidays joins hands with Ford, Glaxo
  Monsanto selloff plan may put Equal pact with Glaxo in spot
  Higher prices, cost cuts likely to boost Tisco first-quarter net
  Govind Rubber sets sights on Rs 450 cr sales in two years
  HDFC to mop up Rs 2,000 crore in 1999-2000
  Hindalco charts three-pronged strategy to face the new millenium
  SAIL unions cry foul against McKinsey recommendations
  Air Liquide and Air Products to take over BOC for $11.2 billion
  Finolex Cables Q1 net up 246% to Rs 12.2 crore
  Manali Petro in a spot of bother as court orders fresh arbitration
  Recast helps Alstom cut interest, employee costs
  3 firms denied NBFC status
  Court upholds plea against Hindustan Motors layoff
  US sues Toyota
  Infotech Enterprises Q1 net soars 150% to Rs 2.3 crore
  Express group board expanded
  Essar Steel headed for FRN default
  Air Products set to acquire BOC India
  Ilyasi parts ways with Zee, may move over to Doordarshan
  Mobile software solutions from SAP in pipeline
  Zee, Sony in race for BCCI contract
  Intel, SGI join hands to offer support through tech hubs
  Colgate Calciguard -- When the going gets gummy
  Haywards 5000 -- Shaw Wallace gets cool with eight-degree advantage
  Buitoni Pasta to spiral Nestle India's turnover from speciality imports
  Marketplace Briefing
  Panel set up to decide on BSES-TEC dispute
  Northern Coalfields may post Rs 820 cr PBT in 1998-99
  ONGC to adopt micro-based policy in E&P on specific stretches
  SAIL consultancy arm bags $450,000 Egyptian order
  IT Briefs
  LanBit to target home PC users for its UPS systems



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