The Financial Express -- Corporate

Saturday, July 19 1997

Escorts to hold majority stake in future ventures

Escorts Limited, the flagship company of the Rs 3,300-crore Escorts group, has decided to have majority control in all its future joint ventures in the country. The company boasts of over half-a-dozen joint equity ventures with some of the leading multinationals.

Indal to invest Rs 165 cr in sheet, foil facilities

Indian Aluminium Co Ltd (Indal) has finalised a plan to upgrade its sheet and foils facilities in collaboration with Canadian parent Alcan. The company plans to invest nearly Rs 165 crore in the current fiscal in its rolled products businesses.

Mudra targets total billing of Rs 400 cr

Mudra, the advertising agency ranking third on an all-India basis, has targeted a total capitalised billing of Rs 400 crore for 1997-98 in contrast to Rs 330 crore reported last year.

SWC to take back retrenched Andhra Winery & Distillery staff

Ministry stonewalls import licences of Daewoo Motors, PAL-Peugeot

Infotech meet showcases Web-based software

Garden Reach Shipbuilders net at Rs 32 cr

Club Med reports loss, Triganos walk out

Gas leaked from Sterlite unit, says Ramesh Flowers manager

Nile Ltd : Little hope for IPO investors

Torrent set to acquire majority stake in AEC

Coir sales fall below target

IDBI plan to privately place subsidiary shares rejected

VSNL plans to invest Rs 4,200 cr in Ninth Plan Period

ITC board to have fewer executive directors