Siemens in black, posts Rs 16.65cr profit in Q2
Siemens Ltd has staged a dramatic recovery with a net profit of Rs 16.65 crore during the second quarter ended March 31, 1999. The electronics major had incurred a net loss of Rs 22.3 crore in the first quarter.

Jittery Maruti to seek fresh hearing from SC
Maruti Udyog has decided to seek a fresh hearing from the Supreme Court in view of the order on Euro-emission norms. Maruti, which is 50% owned by the Government, will also represent its case to the industry ministry, sources said.

Madras Cements, Murugappa group may set up gas-based power plant
Madras Cements Ltd and a Murugappa group company, Southern Energy Development Corporation Ltd may become the first players in the private sector to set up a gas-based captive power plant (CPP) in Tamil Nadu.

  Software Solutions Q3 net zooms 154% to Rs 4.2 cr
  RCF sales rise 18% to Rs 2,050cr
  STCI posts 16% dip in net profit
  Grasim net drops 37% to Rs 145.37 cr
  Wipro PAT up 58 per cent at Rs 170 crore
  BT, VSNL lock horns over World Cup promotion plan
  Indian Rayon net slumps 40% to Rs 128 cr
  Indo National net up 21% to Rs 16.79cr
  IDBI eyes Rs 10,000 crore mopup
  IFB Industries posts Rs 53.9cr loss
  Escotel drags Koshika to Trai
  Renault to take 20% in International Tractors
  ZMW to merge with Zee Telefilms
  Corporate Results
  Finolex Cables declares 1