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Corporate Economy Expressions Markets Leisure 03 January, 1998     Jenson weighs ways and means to raise Rs 60 crore Paint major Jenson & Nicholson (J&N) is currently exploring various options to raise funds worth Rs 60 crore. The move is part of J&N's capital revamp programme, to be finalised in the last quarter of the current fiscal. J&N is seeking to raise its equity to match its turnover, which is expected to touch Rs 200 crore in the current year. Banks, export-credit firms queue up to fund Oman-India fertiliser project Two export credit agencies and four foreign commercial banks are in the race to finance the $840 million debt portion of the Oman India Fertiliser project coming up at Oman. The company has already submitted a proposal to the concerned banks and a final decision on raising the debt is expected only after the banks respond. ICICI may crack the whip on Baroda Rayon, likely to call back its loans The Industrial Credit and Investment Corporation of India (ICICI), a major lender to the family strife-torn Baroda Rayon Corporation, is preparing to crack the whip on the Gaekwads-owned company. The ICICI is mulling the move due to the company's failure in submitting a restructuring package which ICICI had sought before November 1996   Promoters yet to pick up stake in Rs 190cr Konark Metcoke equity Konark Metcoke Ltd, the power project planned at Duburi in Orissa, seems to have been totally neglected by its promoters. The promoters -- the state-owned MMTC Ltd., the South Korea-based LG Corp and the Australian Coal Consortium -- have yet to pick up their stakes in the Rs 190-crore equity portion although eight months have passed since the zero date. Parrys Confectionery teams up with Spanish firm for speciality lollipops Parrys Confectionery will start a joint venture with the Spanish company Chupa Chups for making speciality lollipops. A memorandum of understanding to this effect was signed between the two companies last year and the deal is likely to be finalised this month.   vspace=5>