The Financial Express -- Corporate

Saturday, July 12 1997

Telco raises $200m through 10-year paper

Tata Engineering and Locomotive Company's (Telco) bid to raise long-term money in the international market by floating a 20-year paper has flopped, with investors refusing to pick up the paper.

Maruti not keen on preference shares for expansion

The Centre will not favour a preference share issue route for financing the Rs 1,500-crore expansion plan of Maruti Udyog Ltd (MUL), a 50:50 joint venture between the government and Suzuki Motor Corporation.

Natural Textiles draws up expansion plans

In the face of growing competition and the steep failure rate among multinational brands, Natural Textiles has drawn up ambitious expansion plans.

Jaipur Metals & Electricals in the soup over dwindling margi

Qatar Airways may operate daily flights between Mumbai-Doha

Unicorp, Intel India in technology alliance for Peace Island

MCI bid for local markets seen as big bet

Deveshwar, FIs and BAT nominees on ITC board chargesheeted

RBI clears Gupta as Bank of Rajasthan chief

National Housing Bank net up 60%

Sun Pharma open offer for Gujarat Lyka proves a damp squib

SOL Pharmaceuticals shifts field staff to new company