Eicher to roll out new tractor, 2-wheeler models
Eicher Limited plans to introduce a spate of new models in the two-wheeler and tractor segments in 1999-2000. A major export thrust is also on the anvil.

Essar Steel eyes NMDC, global major as strategic ally for pelletisation plant
Essar Steel, the flagship of the Ruias, is planning to rope in National Mineral Development Corporation (NMDC) and an international trading major as strategic investors in Essar Minerals, which has been formed by spinning off the pelletisation plant.

Peugeot plans to rope in Hero group for scooter venture
The Peugeot Group of France is planning a re-entry into the Indian market, albeit this time for producing its range of premium scooters in a joint venture with the Pankaj Munjal-run Hero motors.

  Recon shelves Indonesia drug unit plan
  BIFR asks Reliance to pump in Rs 28 cr into India Polyfibres
  South Korea, HSBC extend talks on Seoulbank takeover
  Ailing state-run pharma firms continue to bleed
  Roofit Ind to take over asbestos pipe division of Sun Earth Ceramics
  State cabinet approves Meltron disinvestment
  Hotel Leelaventure net profit crashes to Rs 13.49 crore
  Refinance loan sought from SBI in bid to change debt maturity profile
  HDFC Bank logs highest net, lowest bad debt levels among new generation banks
  Ramco Systems plans to double client base
  Essar knocks on IDBI door for FRN bailout
  Government to pare its equity in CMC to 51 per cent
  Torrent Pharma net slips to Rs 41 crore
  Atul's net spurts 23% to Rs 29 crore
  French court to hear arguments on BNP bids
  Integration is priority, says UBS chief
  Daewoo notches up 300% growth in sales in May
  SRF net rockets 309% to Rs 13.53 cr, sales up a tad
  Tata Honeywell net jumps 107% to Rs 11.11 cr
  Reliance, Exxon-Mobil eye Centre's stake in IPCL
  SmithKline Pharma to unveil diabetes drug
  SBT net profit falls to Rs 43.45 crore
  Torrent Pharma bags export orders worth Rs 80 cr
  A V Birla group, Sun Life of Canada sew up pact
  US software firm appoints Indian to key post
  Pentafour bags animation orders from United States
  Kamdhenu Ispat and Lakshmi cement ties
  Oracle's India-initiative -- Tailored ERP packages for FMCG segment
  Samsung targets Rs 500 cr turnover from IT products
  Briefing
  Centre may review Reliance power project
  Paris firm appointed financial advisor to Total LNG project
  KSEB to source power from NTPC to meet shortage
  Kalinga Power's Dubri project gets CEA nod, financial closure in Dec
  Corporate Briefing
  Hoechst will reduce stake in Clariant
  Lufthansa to sign contract with PAL
  Microsoft trial resumes