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Monday, August 24, 1998

Subhas Projects moves SC over compensation fiat
Subhas Projects & Marketing Ltd, which is executing the water systems contract for the Bakreswar power project, has moved the

NGEF announces fresh voluntary retirement plan
NGEF Ltd has announced a fresh voluntary retirement scheme (VRS) aimed at reducing its staff strength. Currently, NGEF has

Bharti Telenet contracts Rs 600-crore loan deals, sews up funds for project
Bharti Telenet, the basic services licence-holder for Madhya Pradesh and the cellular-licensee for Himachal Pradesh, has tied up Rs 600-crore loans from various domestic financial institutions. In doing so, the company has become the first basic-service project to achieve financial closure.


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Patel Roadways Limited


  Sumitomo Bank appointed lead advisor to Gujarat Pipavav project
  IOC to increase capacity of Kandla-Bhatinda pipeline
  Marketplace Briefing
  Sebi to resume hearing on BV Raju stake-transfer wrangle next month
  Corporate Briefing
  Raasi Cement sequel
  National Fertilizers sales spurt past Rs 2,200 crore
  Dabur, French major tie up for cheese venture
  Regional producers to aid Thomson Consumer assemble television sets
  Eicher in talks with US firms for gear supply
  Financial Briefing
  Tax department may challenge tribunal order in Grasim case
  Monopolies panel slaps notice on Coke, Pepsi
  Japan likely to nationalise Long Term Credit Bank
  Mediators quit Hyundai layoff talks
  Kudremukh Iron capital recast in offing

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