The Financial Express -- Corporate

Thursday, May 8 1997

ICICI recast a must, says HSBC B&K

Industrial Credit and Investment Corporation of India will have to undergo major restructuring and become a universal bank, before becoming an attractive proposition, according to leading stock brokerage, HSBC Batlivala & Karani.

Infrastructure Bond Issue

Shriram group plans venture with Singapore firm

The Shriram group has become the first to take off since the Reserve Bank of India announced its new set of guidelines concerning overseas investment in non-banking financial companies.

Daewoo Anchor Elec plans lower end refrigerator models

Daewoo Anchor Electronics, the 76:24 venture between Daewoo of Korea and Anchor Electronics, plans to launch three refrigerator models targeted at the lower end of the market by January next year.

Thomas de la Rue, 8 others bag currency printing bid

Newspoint -- Transport plan

Maharashtra Scooters net dips 3.9%

MSRDC to sign MoU with Ircon for Rs 250-cr project

Briefs -- Emery Worldwide forms wholly-owned India base

Nippon Denro cuts tariff for Bhadravati project

TVS grounds airline plan

Krone revenue dips, PAT down by 50 per cent

Exide sets turnover target of Rs 1000 cr

Unilever to sell speciality chem units to ICI

Hexagon to diversify, expand operations

Tektronix India unit set to be wholly-owned arm