Stroh Brewery, Mount Shivalik forge pact: Stroh Brewery Company has entered into an agreement with Mount Shivalik Industries to produce and distribute bottled beer in the country. Mount Shivalik will introduce the Stroh beer in 650ml and 325ml glass bottles in the mild and strong category in February 1999. The launch would be spread over two phases. In the first phase, Stroh's will be made available in West Bengal, Goa, Assam, Bihar, Chandigarh, Rajasthan and Delhi. In the second phase starting April 1999, the rest of the country barring the southern states would be covered.

Zee TV, Stic Cable to have common CEO: Vijay Jindal hasbecome the common chief executive officer of Zee Telefilms Ltd and Siti Cable. Zee sources however, denied any possibility of merging Zee Telefilms Ltd and Siti Cable. Significantly, STAR TV owns 50 per cent in Siti Cable. Sources further said the only development which has taken place entails replacement of Harish Agarwal by Jindal. Agarwal has been shifted to another Essel outfit. "Such a development is typical of the group and cannot be considered as a step towards a Zee-STAR merger," sources added. Siti Cable, which broke even during the last fiscal, is considering an Internet foray after the Department of Telecommunication's decision to give licences to cable operators for becoming ISPs.

Gaz de France plans gas storage facilities: French multinational Gaz de France has evinced interest in setting up underground gas storage facilities for public sector oil companies. "We are willing to set up underground gas storage facilities for oil companies like the Gas Authority of India Ltd (Gail), the Oil& Natural Gas Corporation (ONGC) and the Indian Oil Corporation (IOC)," company assistant vice-president Jacques Gautier said. Gaz de France plans to set up these facilities in Gujarat, Tamil Nadu and Kerala, he said.

Patent applied for anti-corrosion technology: The Central Electrochemical Research Institute (Cecri) has applied for patent for its technology of cement polymer composite coatings used for corrosion protection for bridges and multi-storey buildings in the United States, institute director M Raghavan said. He told reporters that the process had been patented in India and put into commercial use by two local firms, besides one at Sharjah in the UAE.

CLB directs Okara Agro for fresh repayment schedule: The Company Law Board (CLB) has directed the defaulting Okara Agro Industries to revise its repayment scheme as per directions of the Delhi high court. CLB member AK Doshi also asked the company to apply to the Delhi high court for sale of immovable property in order to repay thedeposit holders. The board member said "I could have passed the final order for repayment on the basis of Okara's repayment schedule but because of the Delhi high court order my hands are tied."

Informix to invest $15 million in country: Informix Software (India) Pvt Ltd will invest up to $15 million in India over the next three years, according to the US-based Informix Software Inc vice-president Steve Weick. Announcing the opening of the company's second development centre in Mumbai on Tuesday, Weick said the company had invested over $10 million in its Indian operations which account for 10 per cent of its research and development (R&d) activities worlwide.

Tata Infotech signs pact CBT Systems: Tata Infotech Ltd has signed an agreement with the US-based CBT Systems to introduce the concept of interactive computer education in the country. CBT's computer-based training courses will be available to students in India via a chain of professional learning centres to be set up shortly by TataInfotech. The centres will also extend training solutions to corporate houses, a Tata Services release said.

Wapcos pays Rs 0.60 crore dividend: The state-owned infrastructure consultancy firm Water & Power Consultancy Services (India) Ltd (Wapcos) has presented a dividend of Rs 0.60 crore to the government for the financial year 1997-98, a company release said in New Delhi on Tuesday. The Delhi-based Wapcos had registered a turnover of Rs 26.73 crore and a net profit of Rs 1.94 crore during last fiscal.