Telco better show, pares losses to Rs 22 crore
The Tata Engineering and Locomotive Company (Telco) has reported a net loss of Rs 21.58 crore for the third quarter ended December 31, 1998, a marginal improvement from the loss of Rs 27.66 crore from last year.

VSNL bottomline at Rs 268 crore
Videsh Sanchar Nigam Ltd (VSNL) has posted a net profit of Rs 268.4 crore in the third quarter of fiscal 1998-99. Total income from operations stood at Rs 1,781.2 crore.

IDBI records Rs 1,008 cr net, disbursals up 1%
The Industrial Development Bank of India (IDBI) has posted a Rs 1,008-crore net profit in the first nine months (April-December) of the current fiscal.

  Cognizant Technology Solutions opens software centre in Pune
  Asia Insurance restructures Malaysian operations
  Thermax third-quater net to Rs 2 crore
  Ipca net dips below Rs 15 crore
  Tata Tea Q3 net down 10% to Rs 28 cr
  Arvind group firms' boards approve merger plan
  Enron board to grace Dabhol start-up en masse
  Indian Hotel net dips to Rs 42 cr
  Marketplace Briefing
  HLL and P&G raise shampoo prices
  Bombay Dyeing reports Rs 3crore Q3 net
  Report pegs VSNL's assets replacement value at $5 bn
  ASDA slashes perfume prices despite ruling
  L&T profits up 62% to Rs 64 cr