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Thursday, July 15, 1999

RPL Jamnagar goes on stream before time
Reliance Petroleum on Wednesday started production at its Rs 14,250-crore refinery in Jamnagar, Gujarat, which when fully commissioned may bring to an end India's need to import diesel.

Aptech net rises 41.5% to Rs 19.44 cr; to set up global centres by 2002
IT education major, Aptech has reported 41.5% jump in net profit to Rs 19.44 crore for the half year ended June 30, 1999. Income from operations during the period recorded 26.62% increase to Rs 152.66 crore.

Falcon Tyres into E-commerce; to hawk two-wheeler tyres online
With fast moving consumer goods companies going online with their products, it is the turn of Indian-made tyres with the MR Chhabria-run Falcon Tyres deciding to sell tyres on the Web in order to enter the global market in a big way.



  Crisil downgrades Essar Oil debt plan
  State Bank of Travancore slaps legal notice
  HOC charts out recast. to turn non-core businesses into profit centre
  Tamilnad Merchantile Bank net up at Rs 35.03 crore
  Duff & Phelps bullish despite Kargil conflict
  Himatsingka Seide to pay 80%; shareholders approve bonus
  Credit Suisse has till Monday to comment on Japan probe
  India Cements sells prime land to Bharat Overseas
  Essar rescue may hit institutions mopup plans abroad, says S&P
  Hind Copper chairman tipped for Nalco chief's post
  Bishnauth Tea to stand guarantor for Rs 86cr loans to 3 group cos
  Tata Electric Companies net up a tad to Rs 79 cr
  JK Corp posts 45% jump in paper sales
  S&S Power to do away with low-tension units
  Dunlop drops petition against appellate body order
  Essar still hopeful of FI bailout
  Nicholas Piramal promoters may convert warrants into shares
  PNB hopes to bring down bad loan level in Delhi zone to 9%
  Neelgiri Cements told to shut shop
  ICL-Microsoft alliance to set up solution centre in Pune
  Discovery gets nod to up equity cap to $25 million
  Apcom launches `Instant On' modem
  Built to last -- Bilt recasts hierarchy, shifts to business-driven matrix
  Enron signs 2.6 mt LNG deal with Petronas
  Briefing
  Marketplace Briefing
  Archies sets sights on Rs 100-crore turnover by 2003



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