The Financial Express -- Corporate

Tuesday, June 24 1997

Arvind Mills bucks trend, net at Rs 127-cr

Arvind Mills, flagship of the Lalbhai group, has recorded an 11.8% rise in net profit at Rs 127 crore for the year ended March 31, 1997, against Rs 113 crore last year. The board has maintained a dividend of Rs 4.50 per share.

Apple offers byte into Macintosh 3400 series

As part of its plans to capitalise on the growing notebook computer market in India, Apple Computers introduced its Macintosh PowerBook 3400 series on Monday. Indian users can avail themselves of unique features like the 240MHz PowerPC processor, built-in ethernet and modem, hot swappable expansion bay modules, and a four speaker sound system.

ITC signs pact with BAT for brand licensing

ITC Ltd and BAT of the UK have signed an agreement on licensing of BAT brands to ITC. With this agreement, ITC will manufacture and market BAT brands State Express 555, Benson & Hedges and Lucky Strike among others.

SBI to treat dividend warrant facilities as regular credit

Kemwell to check local market pulse

Madras Cements net dips 14% to Rs 78 crore

LM Thapar edged out from Phoenix Pulp & Paper board

Godrej Soaps: together with its staff

IOB wipes out losses with Rs 105cr net

Tea Board accounts under PAC scrutiny

Imperial Chemical Ind global share offer

Corporate -- Gail signs agreement with oil consortium

BASF to trim R&D efforts in new proposal

The Index -- Hotel Leelaventure

Petronas signs gas pact with Exxon