
Thursday, October 29, 1998
ACC cements its hold
The Associated Cement Companies (ACC) has stunned the market by staging a dramatic recovery in the second quarter with a net profit of Rs 12.62 crore, up from Rs 3.73 crore in the corresponding period last year.
VST board shows Malcolm Fry door, anoints Noronha
In a move that caught everybody by surprise, the VST board announced on Wednesday the exit of managing director Malcolm Fry, paving the way for Rayomond S Noronha, who was looking after the BAT operations in Mauritius till recently.
Escorts first-half sales dip; BILT profit spurts
Escorts Ltd has reported stagnant growth for the first half ended September 30 this year, registering a net profit of Rs 55.62 crore and a lower turnover of Rs 692.39 crore.
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