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Tuesday, December 22, 1998

India's dream: Ratan Tata rolls out Indica
The first Tata Indica rolled out of the Telco plant here on Monday. The car makes its official launch in Mumbai on December 30 while bookings will open on January 14.

Foreign consultants to aid Mangalore Refinery marketing plan
Arthur D Little, Arthur Andersen and Boston Consulting Group are among five international consultants shortlisted by Mangalore Refinery & Petrochemicals (MRPL) for an exercise in setting up an exclusive marketing network.

Bank of India to tap correspondent banking in bid to push up profits
Bank of India has decided to get active in correspondent banking business to push profits growth from its international operations. Bank of India's New York, London and Tokyo branches will take the lead in offering the service.


The National Stock Exchange of India (NSE)

Central Electronics Limited

Patel Roadways Limited


  Hoechst extends sales pact with Ranbaxy
  Binani does a retreat, calls off DLF Cement takeover plan
  Corporate Briefing
  Calcutta firm to focus on IT business
  Capacity expansion on cards for MRPL
  Maharashtra finance department opposes sales-tax incentive to Indica project
  Mumbai court stays proposed Tainwala merger
  Tata drives a full circle
  DCM Shriram, Royal & Sun Alliance call off insurance plan
  Court official set to oversee Herbertsons AGM
  Institutions plan to bide time, defer decision on ACC preferential issue
  First of Seoul's ailing banks put on the block
  HSBC's Shaun Browne to return to base
  Raymond steel division's sale likely to bring in Rs 300 crore
  Tie-up with Sunlife not to usher in major changes at Birla AMC
  Lakshmi Auto plans rights issue at Rs 10 premium


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