The Financial Express -- Corporate

Tuesday, July 15 1997

Mahindras, Bechtel in race for Tirupur project

The Hume group of Malaysia, Bi-Water of UK, Mahindra & Mahindra in association with Bechtel Corporation of US and Anglica Water of UK are among the consortia in the race for the Rs 1,314-crore Tirupur Area Development Project (TADP). The bidders have to respond by September 1 on the delivery price for water and other details and by December-end.

Jaipur Bharat sets up two ventures to supply auto majors

The Jai Bharat group, which already has a unit for supplying similar items to Maruti, will set up two plants for the supply of sheet metal to Hyundai Motor India and Mahindra Ford. These are to come up under two separate joint ventures with Sangoo and Krupp Camford respectively.

ICICI Bank, Sidbi plan to enter factoring services

ICICI Banking Corporation and the Small Industries Development Bank of India (Sidbi) have drawn up plans to make a foray into factoring services and have approached SBI Factors, the domestic leader in the factoring business, to impart training to their personnel.

SC bars transfer of disputed Mafatlal Industries shares

Gates' wealth doubles atop Forbes' billionaires list

Centre to infuse Rs 300-cr to breathe life into ailing Uco Bank

Rivals envy global expansion of Daewoo

Indal ties up $18-mn ECB to fund expenditure projects

Ian Young to take over as Pfizer arm chief

Corporate Briefing -- NIIT posts 70% rise in earnings

ICI Australia targets niches in Asia

Marketplace Briefing -- Sony all set to capture the music market

Lagardere hits back at Alcater over Thomson-CSF sale reports

Duncans scouts for ally to revive ailing Andhra Cements

Coates Viyella poised for a turnaround