The Financial Express -- Corporate

Monday, July 21 1997

ITC to wind up investment subsidiaries

ITC has decided to gradually wind up its investment subsidiaries, Sage, Summit and Pinnacle. Over the past two years, the three investment subsidiaries have liquidated all quoted investments except holdings in group companies.

Bengal Chemicals seeks freedom for revival plan

Public sector Bengal Chemical & Pharmaceutical (BCPL) has drawn up a "realistic plan" for its revival. The plan focuses on better worker-management participation for effective returns.

HCL to buy out Hewlett Packard stake in venture

HCL-HP and Hewlett-Packard company (HP) yesterday announced that they have reorganised their joint business activities in the country. The reorganisation would enable HCL to focus sharply on enterpise solutions and personal computers.

Premier Automobiles to spin off Kurla unit in JV with Fiat

Telco's Indica to hit roads in September next year

Power Grid seeks capital infusion in bid to alter gearing

SBI posts Rs 2000 cr negative growth in Q1

Will liquidation of stake in Nocil cost Mafatlals dear?

Financial Briefing -- SB of Bikaner plans public issue

Iffco shortlists six foreign firms for Nellore tieup

Hindustan Organic to focus on exports

Nabard may enter market next year to fund core sector scheme

Business Combine Ltd achieves new high

Corporate Briefing -- Tamil Nadu traders may boycott HLL goods

A wide network gives IOC the winning edge

Marketplace Briefing -- Usha switches on Freedom fans

Gujarat Ambuja shelves power foray due to delays

Philips Electronics to pull out of media sector

Re-opening plant may be uphill task for Sterlite