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FINANCIAL EXPRESS FRONT PAGE

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Sunday, May 9, 1999

BPL net up 20% to Rs 102 crore, to pay 60 per cent
BPL has posted an 11% growth in gross sales closing the financial year 1998-99 with Rs 102 crore in its kitty after taxes, the net profit higher by 19.75% over the year before.

National Hydroelectric Power Corp net up 32 per cent to Rs 394 cr
National Hydroelectric Power Corporation has announced a net profit of Rs 393.87 crore for 1998-99, a 32 per cent growth over the previous year.

SAIL offers VRS for younger employees
The Steel Authority of India Limited has launched a more bold voluntary retirement scheme (VRS) beginning June 1, in a bid to "rationalise'' its huge workforce.



  Exporting eco-friendly technology to stay ahead
  Graphite India posts net profit of Rs 15.47 crore
  Bajaj fears foreign ownership of local firms by 2020
  Sashi Kumar to stay as advisor to Asianet
  Moulinex, Gravs Appliances to set up venture to market kitchen products
  Movers and Shakers



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