The Financial Express -- Corporate

Saturday, May 17 1997

Centre clears Lufthansa Cargo venture

Lufthansa Cargo India, a 50:50 joint venture cargo airline between Lufthansa and the Hindujas, has got government clearence to take-off. The government nod has brought cheer to Lufthansa quarters as the joint venture partners were on tenderhooks in the wake of Ibrahim's new avaition policy.

Infrastructure Bond Issue

Air India hunts for funds to replace ageing fleet

The cash-strapped Air India (A-I) is banking on the expertise of its two businessmen board members, RPG group vice-chairman Sanjeev Goenka and Housing Development Finance Corporation. Goenka and Parikh are the only non-government members in the four-member committee set up by Air India to suggest ways of raising money.

Orchid zooms past projections, firms up global plans

The saga of excellent performance continues at Orchid Chemicals and Pharmaceuticals Ltd. Rarely has a four year old company emerged as one of the top four global players in a particular field. Orchid Chemicals and Pharmaceuticals, which started off in 1993-94 with a 100% EOU, commands a 15% share in the global market for antibiotic Cephalosporin.

NBFCs face a run on their deposits

RBI issues ultimatum to CRB Capital

CRB Shares staff knock Sena doors over dues

RCF posts Rs 75.63 cr net profit

Security cover for power bonds remains elusive

Glaxo to snap Celin ties with Jayant Vitamins

The writing was on the books

Focus shifts to rating agencies

Delphi Auto Systems to pump in Rs 152.5 cr foreign equity

How Sanchaita went bust

Ion Exchange records Rs 10.62 cr net

Coats Viyella turns to shareholders