
Friday, September 3, 1999
Essar Shipping sells bulk carrier to Greek company
Essar Shipping sold one of its bulk carriers to a Greek company last week for over $5 million. The move is part of company's overall strategy to phase out old ships.
Tata Infotech chief kohli to pass baton to Kavarana
Faqir Chand Kohli is stepping down as the chairman of Tata Infotech. He will be succeeded by Farouk Kavarana, executive director (corporate affairs) of Telco.
Numaligarh refinery seeks nod to privately place 29% with OIDB
The promoters of the Rs 2,600 crore Numaligarh refinery, BPCL and IBP, have sought the approval of the petroleum ministry to privately place 29% of the project's equity with the Oil Industry Development Board.
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