RIL opts for early redemption of Rs 341.54 cr H-series debentures
The board of Reliance Industries (RIL) has decided to exercise the option on early redemption of its H series debentures, aggregating Rs 341.54 crore, which will take total redemptions during the current fiscal to a whopping Rs 953 crore.

SBI's net likely to show 30% dip
The State Bank of India's (SBI) net profits for the year ended March 1999 are likely to be dented by the need to provide for Rs 350 crore on account of "issue expenses" relating to the $4.27-billion Resurgent India Bonds (RIB).

Daewoo eyes 30% market share in five years
Korean car giant Daewoo's Indian subsidiary Daewoo Motors India Ltd (DMIL) has claimed it will overtake the domestic auto leader Maruti Udyog Limited's number one position in the next five years.

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