The Financial Express -- Corporate

Sunday, June 22 1997

Philips plans price cut to make things better

Philips India has unveiled a marketing strategy which is a mix of price cuts, focus on design and improvement in sound quality for its audio business group. The move is aimed at increasing its market share to 40% for 1997-98.

TIL group sales rise 74% to Rs 407 crore

TIL has reported a group profit of Rs 10.46 crore for the year to March 31, 1997, an increase of 38% over the previous year. The board has recommended a dividend of 25%.

Networked computing will become visual: Intel chief

Networked computing will increasingly become visually oriented in future, says Intel President and chief operating officer Craig Barrett. Describing the megatrends in the information technology industry, he opines that since most computing are already networked it would naturally become increasingly visual oriented.

Tidco sets the ball rolling for LNG project

HSI net profit soars, to pay 40%

Kerala firm set to make pet bottles for PepsiCo India

All's well at Sterling, say promoters

Operating margins, interest costs eat into Tinplate profits

Nike plays down mass lay-offs in Vietnam

Corporate Briefing -- Maharaja Intl loss at Rs 23.51-cr

Traders to boycott all HLL consumer products

Proton net profit up 126%

NEPC Airline pilots to meet labour commissioner

Rehabilitation project of Iisco scaled down

TTK-LIG hives off glove unit

Business Briefs --In the name of sops