The Financial Express -- Corporate

Corporate

Saturday, August 9 1997

Nirma AGM may herald revamp of corporate form

The annual general meeting (AGM) of detergent major Nirma scheduled to be held on August 20 is expected to herald certain restructuring in the its corporate structure, doubling of borrowing limit to Rs 1,500 crore, including going in for foreign borrowing, besides disbursement of a 25% dividend.

Power Finance Corporation

Stone India net profit increases 164%

Stone India, a Duncan Goenka group company, has improved its working in the first quarter of 1997-98 with a 47% growth in sales and 164% rise in net profit.

SWC looks forward to Rs 200 crore injection by Jumbo International

Fiat to hold 51% in venture with Premier Auto

Peugeot may sue PAL for breach of joint venture pact

Marketplace Briefing -- Apcom unveils data secure notebook

SWC resolutions to be decided by poll

Financial Briefings -- Liberalisation may collapse: ex-PM

Enron plans $2bn gas pipeline, LNG terminal in Maharashtra

World Briefing -- SmithKline Beecham plans biotech spinoff

Exim Bank cuts rates by 2%

Corporate Briefing -- Meltron employees to launch hunger strike

Customer care is topmost on Thomas Cook's agenda

NHB to introduce new housing finance scheme for rural areas

NTPC plans venture with foreign firm to renovate power plant

BASF in $700-million deal with Petronas

Court appoints provisional liquidator for Real Value

Birla AT&T Communications to seek cellular licence extension

Hard Rock Cafe ties up with Singapore firm

Godrej & Boyce in 50:50 tie-up with Belgian firm

China brewing giant sees profits topping target

ABN to invest $7 mn in next 3 years

Toyota plans driverless bus

Informix reports second-quarter loss to restate 96 results

ITC Hotels to pay 30%, plans major expansion

Astra first-halfsales up 13%

Avery India to develop products for retail markets, in JV with Avery Berkel

BASF sales record 20% jump in Q1

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