The Financial Express -- Corporate

Saturday, June 21 1997

Mahindra Ugine plans stamping unit

Mahindra Ugine Steel Co (Musco) plans to set up a stampings unit in Nashik by the middle of 1998. The Rs 40-crore facility will be located near Mahindra & Mahindra's multi-utility vehicle plant.

Free petrol with airtime, the Essar way

Consumers accustomed to being wooed with whistles in cereal boxes, have yet to hear of this: free gasoline with air time. Indian Oil will give away one litre of free petrol or three litres of free diesel with every purchase of the Essar Cellphone's Cash Card Remote Recharge Coupons at 15 filling stations around Delhi.

Kerala firm bags $3 mn US order

Transformers and Electricals Kerala Ltd (TELK) has bagged a $3-million export order from US major Duke Fluor Daniel, engaged in power projects worldwide.

Bill Gates, Kerry Packer team up to form Net alliance

Second half trips Nocil,net slips 34% to Rs 60 cr

Glaxo-Wellcome sets Rs 400 crore for domestic acquisition

Mukand net drops to Rs 14 crore in free fall

Reliance, IPCL in currency, interest rate swap

Allied Domecq uncorks venture with Clan Morgan

Marketplace Briefing -- Max Touch's roaming offer to subscription

Reliance Jute to transfer business to new firm

Air India announces wage hike

Shareholders fear Pond's-HLL merger

State Bank of Hyderabad net profit up 5% at Rs 52.45

FIPB seeks DCA opinion on Ranbaxy divestment