The Indian Express -- Business

Thursday, July 31 1997

FOREX RATES INDICES STOCK

Telco in reverse gear as sales dip

Truck giant Tata Engineering & Locomotive Company's (Telco) sales turnover has declined by around 10% to Rs 1,880 crore in the first three months of the current fiscal.

GESCO not to invest in equity

The stock market depression seems to have taken a heavy toll on the corporate sector. Great Eastern Shipping Company Ltd (GESCO), which suffered a Rs 10.89 crore fall in the market value of quoted investments has now decided to completely exit from equities.

Bank NPAs rise by Rs 2,000 cr

The non-performing assets (NPAs) - sticky/defaulted loans - of the banking sector have gone up by Rs 2,000 crore to Rs 42,000 crore during 1996-97.

CARE downgrades three NBFCs

Boeing-McDonnell merger cleared

TN Govt to implement livestock project Phase II

Plea to remove ST on gems

Select scrips improve

Importance of non-conventional energy stressed

HC to hear plea against Bailadila transfer

Grey market for colour copiers thrives

HC slaps show cause on CBI, ministry on Mukta-Panna

Tarapore against weak banks expanding credit

4 tenders for new airport

Another branch of Global Trsut Bank in Chennai

Revised Tata royalty soon