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Saturday, July 10, 1999

LIC to invest Rs 21,556 cr in 1999-2000
Baulking the performance in the financial sector, the Life Insurance Corporation (LIC) has added Rs 21,556.17 crore to its life-fund kitty which has touched Rs 127,389.06 crore during 1998-99.

HZL to set up zinc smelter plant in Rajasthan
Hindustan Zinc Ltd has decided to put up a Rs 1150-crore new zinc smelter at Kapasan in Rajasthan.

Larsen & Toubro, Punj Lloyd bag NHAI contracts
Larsen & Toubro (L&T) and Punj Lloyd are among the 14 companies to bag engineering, procurement and construction (EPC) contracts on the east-west and north-south highway corridors.



  Ford to hawk Ikon to Escort owners via exchange
  Infosys Q1 net rockets 150% to Rs 60.61 cr
  HLL to unwrap Unilever's ice creams
  Ispat International acquires 3 Usinor companies
  Recast Rourkela, Durgapur assets, MoF tells SAIL
  Birla Corp to repay Rs 69 cr debt
  HDFC plans Rs 250 cr kitty for consumer finance loans
  NIIT develops E-trade solutions for Singapore Sports Council
  Hewlett-Packard unveils new workstations
  BIFR tags sick label to ABCL
  HDFC Q1 net jumps 15.3% to Rs 75.58 crore
  Apollo Tyres likely to report Rs 45 cr net
  EPIC likely to show a healthy bottomline
  In Briefs
  VLS Finance alleges foul play



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