Ballarpur Industries ties up with Korean, Japanese firms
Ballarpur Industries has entered into a strategic alliance with Hansol Paper Company of South Korean and DaeEi Paper Ltd of Japan to market their high-end paper products in India.

MRTPC passes cease-and-desist order against Srichakra Tyres bonus scheme
The Monopolies and Restrictive Trade Practices Commission (MRTPC) has directed Srichakra Tyres Ltd to cease the performance-linked bonus scheme for its dealers and desist from adopting the same trade practice in future.

Tata Chemicals Q1 net crashes 80% to Rs 6.56 crore on plant shutdown
Tata Chemicals a drastic slump of 79.63% in net profit to Rs 6.56 crore for the quarter ended June 30, 1999, as compared to Rs 32.21 crore in the corresponding period last year.

  Pentafour Software first-quarter net vaults 63% to Rs 34.38 crore
  General Motors to meet local Corsa demand, shelves exports plan
  US firm Sanitec to tie up with Amexp Waste Management
  Siemens mulls technical tie-up with Emco for HT transformer
  Bose Corp not to set up audio systems unit
  Cadbury Q2 net up a shade to Rs 5.97 cr
  TimesBank to unveil new products through correspondent banking
  A V Birla group firms up infotech foray
  BoB denies plans to merge Nainital Bank with itself
  Sun Pharmaceuticals first-quarter net zooms 69% to Rs 20.03 crore
  MRF hopes to garner Rs 130 crore from truck tyre exports this fiscal
  UTI Bank first quarter net rises to Rs 17.16 cr
  Reignite your passion for Merc for measly Rs 13 lakh
  Maharashtra takes Mahanagar Gas to task over rental charges on Mumbai property
  Car foray may take a toll on Telco Q1 net -- Analysts
  Tisco Q1 net slips 8.5% to Rs 25 cr
  `Williamson Magor's Rs 37.2 cr ICDs may have turned bad'
  Tata Timken net plummets to Rs 7 cr; sales dip to Rs 143 cr
  IDBI bans media at annual meet
  Bhaskarudu to be shifted out of Maruti Udyog
  Alcan Aluminium second-quarter income up from Q1 to $71 million
  Volvo first-half sales up 13% to $7.1 bn
  NIIT Q3 net jumps 33% to Rs 61 cr
  FIs formally reject Essar's bailout plea
  Essar Steel may seek bondholders okay to rollover FRN
  Paharpur Business Centre plans Rs 8-cr expansion
  Hoechst Marion fights a downturn
  ICICI to build value via telebanking, Internet
  Genesis Presentation plans multi-media products for India
  Briefing
  Dab launches direct marketing initiative to break the Eno habit
  Bombay Store fashions Rs 8-crore expansion
  Wintech sets aside Rs 1 crore to promote new placement cell
  Coca-Cola may revamp global advertising plan
  New campaigns
  Ispat to surrender captive coal mine