
Thursday, May 20, 1999
Total plans joint venture with HPCL, BPCL
French energy giant Total has sketched out a mega-strategy for the Indian downstream sector, involving the creation of an integrated joint venture with a national oil firm, buying part of a state-owned company and joining hands with the stand-alone refineries.

Honda to launch Accord by year-end
Honda Motor Company of Japan will launch its high-end luxury Sedan Accord, priced at Rs 17.5 lakh, by the end of 1999, even as other models from its stables abroad are being studied as probable launches for India.

MTNL may list shares on NYSE
State-owned Mahanagar Telephone Nigam Limited (MTNL) will approach the American Securities Exchange Commission (SEC) in four months' time for listing its stocks on the New York Stock Exchange (NYSE).

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