The Financial Express -- Corporate

Friday, July 18 1997

Madhya Pradesh shows De Beers the door

The Madhya Pradesh government has rejected the proposal of diamond major De Beers for mining and prospecting in the state. The government has declared the terms and conditions of De Beers as unacceptable and economically detrimental to the state.

Kochi firm plans two micro-hydel power units

The Kochi-based Prima Group is poised to sign a memorandum with the state government for two mini-hydel power projects, one at Kanthanpara in Wayanad district and the other, at Thooval in Idukky district.

Mekaster Telematics set to launch Inmarsat service

Mekaster Telematics Limited is plans to launch Inmarsat's worldwide mobile satellite mini-m service in India which is becoming popular with the Railways, ONGC, Power Grid, coal mines and oilfields.

ED slaps showcause notice on LM Thapar, BILT

Scotiabank to float NBFC firm through joint venture

Centre weighs Rashtriya Ispat plan to recast capital

Telco to trim Q2 output by 20%

Marketplace Briefing -- NIIT launches literacy programme

SR Batliboi to aid Bata revalue fixed assets

Alliance to set up shop in Bangalore

Birla AT&T defends dealership agreement

Krebs Biochem sales up to Rs 7-cr

UCO Bank employees gear up for profits

HSBC may post healthy interim net

Kits classification as components may help Ford, GM trim prices