The Financial Express -- Corporate

Wednesday, December 10 1997

Deutsche Bank to tap debt, forex markets

Deutsche Bank, a leading European bank with $1 trillion in assets, is highly optimistic about the growth in the Indian debt, forex and fixed income derivatives industry. Accordingly, it plans to increase its thrust in these areas while integrating its Indian activities with its global operations.

Modi Cement board recast with 7 GACL nominees

The board of Modi Cement Limited (MCL) was re-constituted on Tuesday with the induction of seven nominees of Gujarat Ambuja Cement Limited (GACL). The change in guard follows the BIFR order of November 5, 1997 sanctioning the revival scheme of MCL wherein GACL would bring in Rs 166 crore towards equity capital of MCL.

Searle H-1 net dips 25% to Rs 8 crore

Searle (India), the pharma and agri arm of RPG, has reported a net profit of Rs 7.62 crore for the first half of the current financial, a fall of 25.39 per cent from Rs 10.21 crore in the corresponding period last year. The turnover, however, increased by 10.08% to Rs 139.02 crore from Rs 126.28 crore.

How LG bridges the communication gap between HQ, branches

Searle H-1 net dips 25% to Rs 8 crore

CAG pulls up SCI for overstating profits

Citurgia Biochemical in pact with US firm

Indian Oil gears up to be major aviation turbine fuel supplier

PAL-Peugeot battles to keep plant alive

BoI set to offer dual-currency limit

Market sentiment at Telco in reverse gear

83 & globe-trotting, Bata is a "soleful" patriarch

Modi Cement board recast with 7 GACL nominees

Gujarat textile processing units stir against HC order

IOC ties up with SBI for $300 mn FCNR(B) loan