Lever may close down Deonar factory
Hindustan Lever is planning to shut down the Lakme factory at Deonar in Maharashtra following the successful implementation of a voluntary retirement scheme.

Punjab National Bank net falls 22.04% to Rs 372.13 crore
The net profit of the Punjab National Bank slipped by 22.04% to Rs 372.13 crore during 1998-99 from Rs 477.35 crore in the previous year.

Fitch IBCA may pick 10% in Care
International rating agency Fitch IBCA is expected to pick up close to 10 per cent stake in Credit Analysis and Research, the rating agency promoted by Industrial Development Bank of India.

  Kingfisher swoops up another two per cent in marketshare
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  HLL brushes up on Close-Up sales by 2%
  HSBC cheers crossing `expectations' by 30 per cent despite early India exit
  TVS Suzuki to roll out 150cc bike in October
  Roots in supply pact with Merc of Germany
  ABB, Kirloskar Electric, BSES, may join fray to buy out NGEF
  StanChart takes on Citibank, offers sops to cardholders
  Court prevents Ralliwolf from declaring lockout
  MUL offers discounts on Zen-D, Esteem as sales take a beating
  FIPB clears Rs 300 cr plans; GE, Hitachi to get go-ahead
  Escorts net profit dips 32% to Rs 110.17 crore
  Sintex to shift focus to industrial products, exports
  Sanghi Polyester recast plan hits a roadblock
  JVSL to restart steel output at Karnataka plant
  IDBI to repay Rs 5,000cr SLR funds
  BPCL, HPCL to sign marketing pacts with Reliance Petroleum
  Mitsubishi, IOC to produce power in Gujarat
  Uco lowers trims losses by 29.4% to Rs 67.77 cr
  CCEA okays NAL proposal on light transport aircraft
  PPL chief among 18 in race for Nalco CMD's post
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