The Financial Express -- Corporate

Tuesday, August 5 1997

Paradeep Phosphates capital restructuring on the cards

The Union ministry of chemicals and fertilisers is engaged in inter-ministerial consultations for the capital restructuring of Paradeep Phosphates (PPL). The company has submitted a fresh package to the government suggesting further reliefs with the restructuring.

LML to roll out auto-lube versions soon

The Kanpur-based auto major LML is planning to launch auto-lube vehicles within the next three months in the market. The auto-lube option will primarily be offered in two of its models - Star and Select II.

SaveSmart Software to undertake product software development

SaveSmart Software India will be actively involved in product software development for DataCard Corporation of US and SaveSmart Inc, its parent company. The $350 million DataCard is a leader in plastic card solutions, desinging, manufacturing and servicing the card issuance systems for companies all over the world.

Navratna list likely to be expanded

Dabhol's gratis to win over local population

Slowdown dents foreign banks' profits

Marketplace Briefing -- Netscape unveils Internet software

Record profits seen for Pohan Iron in 1997

Sheraton to pick up stake in ITC Hotels plans

DSS Mobile ties up with Beltron, Punwire for roaming service

Vijaya Bank forms panel to track frauds

Indian Airlines unveils "lottery" to woo fliers

Piaggio, Singhanias to hike stake in LML via preferential issue

Henkel Spic buys out clutch of Modern HomeCare brands

Durgapur Steel Plant's losses to continue if it fails to add value