Xerox Corp to pick 50% in Modi Xerox via subsidiaries
Xerox Corporation is picking up 50% plus one equity share in Modi Xerox by acquiring 4,000 preferential shares.

TVS Suzuki sales rise 16.5% in May
Two-wheeler major TVS Suzuki has posted sales of 58,794 units in May 1999, registering a 16.5% growth over May 1998.

BIFR declares Malanpur Leather sick
The Board for Industrial and Financial Reconstruction has declared Malanpur Leather Ltd a sick company and debarred its promoters from disposing of the company's assets.

  AMP India maps out strategy to double exports, to invest Rs 1.25 cr in two yrs
  Falcon Tyres net profit soars 37% to Rs 3.5 cr
  Appelate body rejects Burn Standard staff plea
  Mount Shivalik plans to can Stroh's beer
  Financial Briefing
  Crisil downgrades Essar Shipping's Rs 126 cr debt float to risk category
  Corporation Bank tops Gujarat gold imports list
  Delhi government allows Ford to register petrol Escort model
  Assam Company to focus on core areas, step up cash flow
  Evershine Builders offers ICICI bonds as bait to lure buyers
  LML board informs bourses about divorce with Piaggio
  Hindustan Sanitaryware draws up Rs 80-crore expansion plan
  Allied Irish Banks picks up stake in Singapore's Keppel TatLee Bank
  Briefing
  SIV Industries Ltd has started operations of it's pulp plant
  Kotak Mahindra Primus net rises 22% to Rs 6.13 cr
  Sikkim Bank's capital and reserves to provide for NPAs
  `Need for global presence is fuelling M&A in auto sector'
  Punch Taverns plans $4.2b hostile bid for Allied pub unit
  Icra paints select NBFCs a shade better than IFCI
  GE Caps, AP sign pact for Infotech services company
  Shamken group plans to beef up textile business
  Hindustan Shipyard net loss at Rs 34.49 cr
  Briefing
  Briefing
  PowerGrid joins NTPC to crack the whip on erring SEBs
  Santro brings out the genius
  San Frisco plans Rs 3 crore ad-spend
  Marico and ConAgra cut sunflower oil prices
  Stroh readies a bubbling cocktail of marketing strategies
  Allianz to acquire venture stakes in two Taiwan insurance firms
  British Steel confirms talks to merge with Hoogovens
  Compaq's Rose resigns as server - business head
  Sumitomo files suit against Chase, UBS