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Tuesday, June 24 1997
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Kirloskar Oil to step up holding in group firm![[Details]](/icons/bullet.gif){kind=icon}
In a bid to infuse fresh life into its ailing group companies, Kirloskar Oil Engines Ltd (KOEL) plans to acquire seven million equity shares of Rs 10 each in pig iron and castings manufacturer, Kirloskar Ferrous Industries Ltd (KFIL), from its subsidiary, Shivaji Works Ltd.
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Rs 981 crore World Bank loan for Haryana highways
The World Bank has agreed to make available to Haryana a loan of Rs 981 crore for the upgradation of 872 kmts of state highways which pass through state.
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Samsung India unveils microwave oven range
Samsung Electronics India Ltd (SEIL) has launched three models of its microwave oven range in India. The ovens will be priced at Rs 9,900 for the 20 litre unit and going up to Rs 27,000 for the 34 litre one.
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The Group
