The Financial Express -- Corporate

Tuesday, July 8 1997

Car project is on right track, Tata assures shareholders

Ratan Tata, chairman of Tata Engineering and Locomotive Company Ltd (Telco), has assured the shareholders that the new car project, touted as the first indigenously designed and manufactured, is on schedule for both the petrol and diesel versions. It is within cost targets in projected volumes and will be introduced in 1998-99 at the manufacturing facility which is coming up at Chikhali, near Telco's existing Pimpri works.

IFB Industries to stretch accounting year till December

IFB Industries Ltd has decided to extend its accounting year by six months to an 18-month period ending December 31 instead of the usual June 30.

Bharat Shell drags Castrol to monopolies panel over ads

After Procter and Gamble and Godrej GE, now its Bharat Shell's turn to drag its competitor to the Monopolies and Restrictive Trade Practices Commission (MRTPC). Bharat Shell, a joint venture between Bharat Petroleum and Shell Overseas Investment, has approached the commission to restrain Castrol India from making ``disparaging advertisements'' about its competitors.

Volkswagen offers Sicom equity in project

Nokia Telecom allowed to import mobile handsets

Toubro plans Rs 50-crore food processing foray

General Motors may unveil diesel Astra next year

Book-building to determine interest on Hudco bonds

Maruti board clears first phase of expansion

SAIL loses sleep over Rourkela, Durgapur units performance

Telecom is the best bet in the job market

Rivals offer sops in Titagurh Jute impasse

Finolex to raise $30m more via external loans borrowings

Microland keen on switch to services firm

Performance of 2 plants worries SAIL

Tractor majors serenade farmers with customised vehicles

Cadbury gains on takeover rumours