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Saturday, January 30, 1999

MTNL undercuts VSNL Net rates by 15%
The Mahanagar Telephone Nigam Ltd board has approved a three-tier tariff structure for its Internet service at Rs 2,550 for 100 hours, Rs 5,525 for 250 hours and Rs 8,500 for 500 hours.

Hindustan Motors looking for job cuts at Uttarpara
CK Birla's Hindustan Motors Ltd has drawn up plans to retrench workers at its ailing Uttarpara unit, which manufactures the Ambassador car.

ICICI nine-month net spurts 17% to Rs 726 cr
Term-lending institution ICICI has posted a 17% growth in its net profit for the nine-month period ended December 31, 1998.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Hitachi may end tieup with LG Semicon
  Stanchart may wind up local branches, to unveil golden handshake
  Nippon Mining head visits LG Metals for talks
  SAIL wants 5% hike in import tariffs on steel
  Petronet India plans 2,290-km white oil pipeline
  Fascel shows non-active users the door to save on licence fees
  SingTel unit cuts mobile phone charges
  Sicom to carry out project appraisal for Indica
  Reserve Bank may bring debt defaulters to book
  Icra develops rating mechanism for mutual funds
  Bank of India posts Rs 160 crore net profit
  IndusInd net profit crashes 61% to Rs 30 crore
  Mahindra & Mahindra third-quarter net up a tad to Rs 63 crore
  Indian Airlines pares net loss to Rs 16 cr
  Jenson & Nicholson in talks with US major to offload stake
  Ceat Q3 turnover up at Rs 293 cr
  Indian Rayon nine-month turnover up 1.4% to Rs 1,382 crore
  Indian Oil third-quarter net up 29 per cent
  ONGC to invest over Rs 500 crore in joint projects with IOC
  Transitions forced to take long-sighted view of India market
  Market place
  Results briefing
  BSES bottomline trips 12 per cent to Rs 79 crore
  From cold calls to warm ties
  One World to take off



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