Friday, January 1, 1999
Reliance spurns Orissa Synthetics co-promoter offer
The Singhanias-controlled JK Corp's effort to rope in Reliance Industries as a co-promoter for its ailing polyester division, Orissa Synthetics, has come a cropper owing to differences over the price.
Euro lock-in rates unveiled; local quotes seen at Rs 49-50
The European Commission in Brussels on Thursday announced the lock-in rates of 11 legacy currencies that will be replaced by the euro.
Maruti faces cancellations on old bookings
The recent price cuts announced by Maruti Udyog on Wednesday is threatening to lead to large-scale cancellations of bookings made for the 800cc model.
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