Corporate Results of over 2500 companies
Wednesday, May 3, 2000

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This week we focus on a complete analysis of the
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L&T in talks with overseas firms to set up portals
Larsen & Toubro (L&T), the diversified engineering giant, has initiated talks with five overseas firms for co-promoting engineering services and oil portals as part of its strategy to accelerate e-commerce initiatives.

Accent zips past Esteem, leads mid-size segment
Hyundai has emerged as the leader in the mid-size car segment with sales of its Accent touching 1,702 units in April. Maruti Udyog's Esteem sold 1,165 units.

UB to bring six group firms under McDowell fold
In a major bid to consolidate its spirits business, the Vijay Mallya-controlled UB group has decided to amalgamate six group companies engaged in the spirits business into its flagship company, McDowell & Co.


  Tata Engineering ancillary units fear orders may dry up
  State, CII to sign pact for infotech, agro business
  RPG Cables net rises 48 per cent to Rs 10.4 crore
  The Index
  Kumar, Wang of Computer Associates buy US ice-hockey club
  Thiru Arooran seeks ally forco-generation
  Ashok Kalle heads Toronto ISP major
  Indo-Americans in IT industry get WSJ pat
  Hero Honda net jumps 58% to Rs 192 cr, postpones stock split
  Ceat contests excise notice on Rs 102 cr duty evasion
  Gramophone puts off Saregama's US listing
  MTNL sees NYSE listing in June
  Briefing
  Separate Concor division to pep up domestic trade
  Konka signs pacts to make washing machines, DVDs
  Gillette to up stake in recast ISPL to 72%
  VISL expects operating profit in 2000-01
  Hyundai plans to invest $400 million over 2 years
  Fujitsu, Alcatel tie up to form wireless venture
  Pharma firms earnings slip in '99-00; old economy lags

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