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Friday, April 9, 1999

Daewoo to unveil three Matiz variants
Daewoo Motors India has decided to launch three new variants of its 800-cc car Matiz, pricing the basic non-airconditioned version at Rs 2.61 lakh.The model currently available in the market carries an ex-showroom price tag of Rs 3.48 lakh.

L&T, BHEL bid to acquire stake in Vijayanagar Thermal
Leading companies including Bharat Heavy Electricals Ltd (BHEL) and Larsen & Toubro Ltd (L&T) have joined the race for acquiring a 25% equity stake in Vijayanagar Thermal Power Station (VTPS) being promoted by Karnataka Power Corporation Ltd (KPCL).

P&G puts its money where its promise is for new Pantene Pro-V
Procter & Gamble Home Products has relaunched Pantene as the New Pantene Pro-V Health Activator series -- a combination of "the best cleaning, conditioning and perfume ingredients", the company claims.


Inspirations furnishing fabrics


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  Corporate Briefing
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  Japan seen moving to shutter Kokumin Bank
  Wipro, Acer end marriage, but will live together
  Sahara Airlines set to expand fleet
  Gucci shares soar on higher bid rumours
  Financial Briefing
  BPL eyes stake in Essar cellular ventures
  Voltas threatens closure, wants union to accept recast plan
  Andhra Bank registers 32 % growth in deposits
  Gestetner first-quarter net drops to 1.7 crore
  Shaw Wallace inducts Komal Chhabria into board
  Rossell Industries yet to shed non-tea business
  British Airways' arm sets up centre in Pune
  Cummins consolidates position in engines market
  Suzuki buys small stake in GM
  Praj raises authorised capital to Rs 18 cr
  Morepen Laboratories sales spurt 35% to Rs 250 crore
  HMT reports Rs 838cr sales
  BPL seeks to play major role in convergence
  New Campaigns
  Akai to get face job for premium positioning
  DuPont has concocted a silkier polyester
  I-Sec, SBI Caps finalists in PTC consultant race
  Vikas WSP net may jump 65%
  Nalco aluminium output down 26% in 1998-99
  GIC AMC plans to hike net worth to Rs 100 crore



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