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Wednesday, October 21, 1998

HLL, Titan outshine rivals; top fast moving consumer goods list
Hindustan Lever Ltd (HLL) and Titan have emerged as the most admired marketing companies among all fast moving consumer goods (FMCG) and durables companies respectively in an A&M-ORG-MARG survey.

Peugeot firms up exit route terms, offers to square joint venture dues
Automobiles Peugeot of France is believed to have offered to square accounts of PAL-Peugeot with Standard Chartered Bank as part of an agreement which would see its final exit from the Indian joint venture.

Alloy Steels Plant to increase wheel-steel production to meet railways' demand
The Durgapur-based Alloy Steels Plant (ASP) of the Steel Authority of India Ltd is laying added emphasis on the production of wheel steel to cater to the growing requirements of the railways. It is also coming up with fresh schemes for manpower reduction.


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  Strong networking product sales propel Ascend Communications Q3 earnings
  Deutsche Bank may buy out US bank
  Ford unveils ultra-chic concept car
  World Briefing
  VSNL revamps Internet access network in Mumbai
  Piramals rope in designers to dress up Morarjee Mills
  Banner Pharmacaps to raise Rs 14.5 cr through ECBs
  State Bank breasts the tape, set to unveil gold-accumulation account
  Export house status for Bharat Earth Movers
  Nagarjuna Research plan to test crude drugs cleared
  Maruti gears up for competition, to upgrade countrywide dealer network
  Essel Packaging to set up plant in Germany
  Schering mulls open offer route to up Fulford stake
  New India Assurance targets 18% rise in premium income
  IFCI files suits to recover bad loans worth Rs 302 crore
  Amex, IDBI Bank tie up
  Henkel etches domestic venture's bail-out plan
  PFC disbursals up 66% in first half
  Corporate Briefing
  Mysore Powergen project may wilt for want of water
  Shell closes solvents plant in Australia
  NHPC to increase capacity of Uri project to 960mw
  Research Engg draws up big plans for Calcutta Online
  JNPT chemicals terminal to get formal environment nod soon


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