Sunday, July 26, 1998
Asian Health Services may acquire stake in Delhi-based hospital
Asian Health Services plans to acquire an equity stake in a New Delhi-based hospital project promoted by non-resident Indians (NRIs). Asian Health is a 50:50 joint venture of the US-based $5.6-billion ServiceMASTER.
TCS beats Wipro to emerge top IT company: Dataquest
Tata Consultancy Services (TCS) has over taken Wipro Ltd as India's number one information technology company. With a turnover of Rs 1,083.63 crore in 1997-98, TCS has displaced the Azim H Premji-promoted Wipro, which slipped to the number two slot with revenues of Rs 1,048.7 crore during the year under review.
Best and Crompton reports Rs 2cr net loss in first quarter
Indonesian major Polysindo group's Indian flagship, Best and Crompton Engineering, has reported improved top line for the first quarter of the current financial year, but the bottom line continued to be weak.
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